# Capital Advisor Network

> Capital Advisor Network is an SEC-registered investment advisory firm in Lafayette, IN, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 23, 2026.

- CRD: 297578
- Filed as: CAPITAL ADVISOR NETWORK
- Legal name: Captial Advisor Network
- Also doing business as: CAN WEALTH MANAGEMENT, ESTATE WEALTH ADVISERS, LLC, EVANS FINANCIAL SERVICES, INC., MLN WEALTH PLANNING, MOERDYK FINANCIAL, INC.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Lafayette, IN
- Filing period: October 2026
- Form ADV filing dated: March 23, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/297578
- AdvisorCensus page: https://advisorcensus.com/firm/capital-advisor-network-lafayette-in-297578

## Quick answers

**How is Capital Advisor Network compensated?**
On its Form ADV (Item 5.E, October 2026), Capital Advisor Network reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).

**Where is Capital Advisor Network located?**
Capital Advisor Network's principal office is in Lafayette, IN, according to its Form ADV; the April 2026 filing also lists 5 other offices (Schedule D, Section 1.F).

**Is Capital Advisor Network registered with the SEC or a state?**
Capital Advisor Network is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 297578.

**How much does Capital Advisor Network manage?**
Capital Advisor Network reports $124,476,831 in regulatory assets under management in its Form ADV filing dated March 23, 2026 (66% discretionary).

**How have Capital Advisor Network's assets and staff changed since 2022?**
In the Form ADV data for Capital Advisor Network: Regulatory assets under management: $101,053,540 in the October 2022 data and $124,476,831 in the October 2026 data, up 23%. Total employees: 11 in October 2022 and 18 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Capital Advisor Network serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (834); high net worth individuals (66); pension and profit sharing plans (but not the plan participants or government pension plans) (4).

**Which custodians does Capital Advisor Network use?**
Capital Advisor Network's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Capital Advisor Network report any disciplinary disclosures?**
Reports 2 disclosure items on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation) and 11.D(4) (another regulator's order in the past ten years). Each question covers the firm and its advisory affiliates, and one event can produce several yes answers. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/297578

**Does Capital Advisor Network state an account minimum?**
Its Form ADV Part 2A brochure dated March 23, 2026 says: "There is a $5,000 minimum in aggregate investable assets to become a client of CAN."

**What changed in Capital Advisor Network's recent Form ADV filings?**
In the April 2026 filing data: No longer lists the business name Captial Advisor Network, LLC. Employees performing advisory functions went from 6 to 9. Regulatory assets under management went from $99,497,162 to $124,476,831 (+25%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 23, 2026)

- Account minimum: $5,000

> There is a $5,000 minimum in aggregate investable assets to become a client of CAN.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $124,476,831
- Discretionary: $81,908,922
- Non-discretionary: $42,567,909

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 834 | $81,236,034 |
| High net worth individuals | 66 | $40,517,075 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 4 | $2,723,722 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2022 (4 years)
- Employees: 18 total, 9 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, FL, IA, IL, IN, KY, LA, MI, MO, NH, TN, TX, VA, WI
- Disclosures (Item 11): Reports 2 disclosure items on Form ADV Item 11.

### Item 11 questions answered yes
- 11.D(2): Has another federal regulator, a state regulator, or a foreign financial regulator ever found that the firm or an advisory affiliate was involved in a violation of investment-related regulations or statutes?
- 11.D(4): In the past ten years, has another federal regulator, a state regulator, or a foreign financial regulator entered an order against the firm or an advisory affiliate in connection with investment-related activity?

Each question covers the firm and its advisory affiliates: its current employees other than clerical staff, its officers, partners, and directors, and anyone who controls the firm or is controlled by it. One event can produce yes answers to several questions. SEC-registered advisers and exempt reporting advisers may leave out events more than ten years old, and may answer 11.A(2) and 11.B(2) for pending charges only. The detail of each yes answer is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/297578

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Grayslake, IL
- Jasper, IN
- Marion, VA
- Quincy, IL
- Roanoke, VA

### Websites listed on Form ADV (Item 1.I)
- canwealthmanagement.com
- capitaladvisornetwork.com
- evansfs.com
- lincolnlegacyadvisors.com
- moerdykfinancial.com
- LinkedIn @35428851

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $101,053,540 | 11 | April 26, 2022 |
| October 2023 | $93,598,102 | 11 | March 31, 2023 |
| October 2024 | $95,753,862 | 10 | March 29, 2024 |
| October 2025 | $99,497,162 | 8 | July 31, 2025 |
| October 2026 | $124,476,831 | 18 | March 23, 2026 |

Regulatory assets under management: $101,053,540 in the October 2022 data and $124,476,831 in the October 2026 data, up 23%.
Total employees: 11 in October 2022 and 18 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- No longer lists the business name Captial Advisor Network, LLC.
- Employees performing advisory functions went from 6 to 9.
- Regulatory assets under management went from $99,497,162 to $124,476,831 (+25%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Capital Advisor Network (CRD 297578): Form ADV filing data as of October 2026.