# Raony Zica de Carvalho

> Raony Zica de Carvalho is a fee-only financial advisor at Carvalho Investment Group in Austin, Texas. Raony focuses on estate & legacy planning and family wealth transfer. Carvalho Investment Group reports charging a percentage of assets and hourly fees on its Form ADV.

Page: https://find.wellspent.co/advisors/raony-zica-de-carvalho/
Built from SEC adviser records and the firm's website; last checked October 30, 2026.

## Facts

- **Firm:** Carvalho Investment Group
- **Based in:** Austin, Texas
- **Fee model (firm's Form ADV):** Percentage of assets; Hourly
- **Accepting new clients:** Yes (firm's website)
- **Assets under management (firm):** $6.2M across 16 accounts
- **Specialties:** Estate & legacy planning, Family wealth transfer
- **Works with:** Multi-generational families
- **CRD:** 6673783 (https://adviserinfo.sec.gov/individual/summary/6673783)
- **SEC registration:** Investment adviser representative in TX
- **Exams passed:** Series 66 (2016)
- **Firm size:** 1 employee
- **Disclosures:** None reported
- **Website:** https://carvalhoinvestmentgroup.com

## Frequently asked questions

### Is Raony Zica de Carvalho a fee-only financial advisor?

Yes, according to SEC records as of October 29, 2026: Raony holds no broker registration, and Carvalho Investment Group reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV.

### How does Raony charge for financial advice?

Raony's firm, Carvalho Investment Group, reports charging a percentage of assets and hourly fees on its SEC Form ADV.

### Where is Raony Zica de Carvalho based?

Raony Zica de Carvalho is based in Austin, Texas.

### What does Raony specialize in?

Raony's specialties include estate & legacy planning and family wealth transfer. Raony works with multi-generational families.

### Is Raony Zica de Carvalho registered with the SEC?

Yes. Raony Zica de Carvalho is registered as an investment adviser representative in TX (CRD 6673783), per SEC Investment Adviser Public Disclosure data as of October 29, 2026.

### How much does Carvalho Investment Group manage?

Carvalho Investment Group reports $6.2M across 16 accounts in assets under management.

### How do I contact Raony Zica de Carvalho?

Through Raony's website, carvalhoinvestmentgroup.com.

## Sources

- SEC adviser records (https://adviserinfo.sec.gov/individual/summary/6673783): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration
- SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026
- The firm's website (https://carvalhoinvestmentgroup.com/): specialties, clients served, and fees, checked October 30, 2026

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