# Carol Somoano

> Carol Somoano is a fee-only financial advisor at Asset Planning in Los Alamitos, California, who holds the CFP and MBA credentials. Carol charges a percentage of assets, a one-time planning fee and hourly fees (one-time plans from $2,500 and 0.5%–1% a year of assets managed) and focuses on retirement planning, pension planning and tax planning.

Page: https://find.wellspent.co/advisors/carol-somoano/
Built from public directory listings; last checked April 21, 2026.

## Facts

- **Firm:** Asset Planning
- **Based in:** Los Alamitos, California
- **Fee model:** Percentage of assets; One-time planning fee; Hourly
- **Fees (firm's website):** one-time plans from $2,500; 0.5%–1% a year of assets managed; a $500,000 asset minimum
- **Works virtually:** Yes (firm's website)
- **Accepting new clients:** Yes (firm's website)
- **Assets under management (firm):** $553.5M across 973 accounts
- **Credentials:** CFP, MBA
- **Specialties:** Retirement planning, Pension planning, Tax planning
- **Works with:** Retirees, Pre-retirees
- **CRD:** 4972541 (https://adviserinfo.sec.gov/individual/summary/4972541)
- **SEC registration:** Investment adviser representative in CA, TX
- **Firm size:** 5 employees
- **Disclosures:** None reported
- **Website:** http://assetplanninginc.com

## Frequently asked questions

### Is Carol Somoano a fee-only financial advisor?

Yes. Carol Somoano is listed in the NAPFA directory (NAPFA admits only fee-only advisors). SEC records as of October 27, 2026 show no broker registration and no commission compensation reported by Carol's firm.

### How does Carol charge for financial advice?

Carol charges a percentage of assets, a one-time planning fee and hourly fees.

### How much does Carol charge?

According to Asset Planning's website, checked October 28, 2026: one-time plans from $2,500; 0.5%–1% a year of assets managed; a $500,000 asset minimum.

### Does Carol work with clients virtually?

Yes. Asset Planning says on its website that it works with clients remotely.

### Where is Carol Somoano based?

Carol Somoano is based in Los Alamitos, California.

### What does Carol specialize in?

Carol's specialties include retirement planning, pension planning and tax planning. Carol works with retirees and pre-retirees.

### What credentials does Carol Somoano hold?

Carol Somoano holds the CFP and MBA credentials.

### Is Carol Somoano registered with the SEC?

Yes. Carol Somoano is registered as an investment adviser representative in CA and TX (CRD 4972541), per SEC Investment Adviser Public Disclosure data as of October 27, 2026.

### How much does Asset Planning manage?

Asset Planning reports $553.5M across 973 accounts in assets under management.

### How do I contact Carol Somoano?

Through Carol's website, assetplanninginc.com.

## Sources

- NAPFA directory listing (https://www.napfa.org/find-an-advisor/firm/2212): NAPFA admits only fee-only advisors
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 27, 2026
- The firm's website (https://www.assetplanninginc.com/): specialties, clients served, and fees, checked October 28, 2026

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Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.