# Capital Bank and Trust Company

> Capital Bank and Trust Company is an SEC-registered investment advisory firm in Irvine, CA, registered since 2014, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated September 25, 2026.

- CRD: 170017
- Filed as: CAPITAL BANK AND TRUST COMPANY
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Irvine, CA
- Filing period: October 2026
- Form ADV filing dated: September 25, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/170017
- AdvisorCensus page: https://advisorcensus.com/firm/capital-bank-and-trust-company-irvine-ca-170017

## Quick answers

**How is Capital Bank and Trust Company compensated?**
On its Form ADV (Item 5.E, October 2026), Capital Bank and Trust Company reports these compensation arrangements: a percentage of assets under its management.

**Where is Capital Bank and Trust Company located?**
Capital Bank and Trust Company's principal office is in Irvine, CA, according to its Form ADV.

**Is Capital Bank and Trust Company registered with the SEC or a state?**
Capital Bank and Trust Company is an SEC-registered investment advisory firm, registered since 2014. Status as filed: Approved. CRD 170017.

**How much does Capital Bank and Trust Company manage?**
Capital Bank and Trust Company reports $250,977,071,306 in regulatory assets under management in its Form ADV filing dated September 25, 2026 (100% discretionary).

**How have Capital Bank and Trust Company's assets and staff changed since 2021?**
In the Form ADV data for Capital Bank and Trust Company: Regulatory assets under management: $38,237,286,245 in the October 2021 data and $250,977,071,306 in the October 2026 data, up 556%. Total employees: 146 in October 2021 and 106 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Capital Bank and Trust Company serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (511); pooled investment vehicles (other than investment companies and business development companies) (56); charitable organizations (14).

**Which custodians does Capital Bank and Trust Company use?**
Capital Bank and Trust Company's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Bank of New York Mellon as a custodian holding 10% or more of its separately managed account assets.

**Does Capital Bank and Trust Company report any disciplinary disclosures?**
Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). 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/170017

**Does Capital Bank and Trust Company state an account minimum?**
Its Form ADV Part 2A brochure dated September 26, 2025 says: "While there is no stated minimum account size, participants in the Commingled Funds who are not clients of Capital Group Private Client Services, Inc. (“CGPCS”), an affiliated investment adviser registered with the SEC, are subject to minimum account sizes to invest in the funds, as outlined in the respective Advisers’ Form ADV and the fund’s governing documents."

**What changed in Capital Bank and Trust Company's recent Form ADV filings?**
In the October 2026 filing data: Regulatory assets under management went from $139,294,588,096 to $250,977,071,306 (+80%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management

### Fees and minimums (Form ADV Part 2A brochure dated September 26, 2025)

- Account minimum: None

> While there is no stated minimum account size, participants in the Commingled Funds who are not clients of Capital Group Private Client Services, Inc. (“CGPCS”), an affiliated investment adviser registered with the SEC, are subject to minimum account sizes to invest in the funds, as outlined in the respective Advisers’ Form ADV and the fund’s governing documents.

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

### Custodians (Schedule D, Section 5.K(3))
- Bank of New York Mellon

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: $250,977,071,306
- Discretionary: $250,977,071,306
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| High net worth individuals | 511 | $4,030,045,583 |
| Pooled investment vehicles (other than investment companies and business development companies) | 56 | $246,319,632,414 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 3 | Not reported |
| Charitable organizations | 14 | $627,393,309 |
| State or municipal government entities (including government pension plans) | 1 | $0 |
| Insurance companies | 2 | $0 |
| Corporations or other businesses not listed above | 1 | $0 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 2014 (12 years)
- Employees: 106 total, 0 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports 1 disclosure item 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?

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/170017

### Websites listed on Form ADV (Item 1.I)
- capitalgroup.com
- open.spotify.com/show/5JOXwp15t5vFIu2OAxkahr
- podcasts.apple.com/us/podcast/capital-ideas-investing-podcast/id1206119204
- Facebook @CapitalGroup
- Instagram @capitalgroup
- Instagram @thecapitalideas
- LinkedIn @capital-group
- Threads @capitalgroup
- X @CapitalGroup
- YouTube @CapitalGroupVideos
- YouTube @lifeatcapitalgroup

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $38,237,286,245 | 146 | September 28, 2021 |
| October 2022 | $34,319,535,389 | 183 | September 28, 2022 |
| October 2023 | $45,425,285,767 | 187 | September 28, 2023 |
| October 2024 | $75,863,757,861 | 151 | September 27, 2024 |
| October 2025 | $75,863,757,861 | 151 | July 1, 2025 |
| October 2026 | $250,977,071,306 | 106 | September 25, 2026 |

Regulatory assets under management: $38,237,286,245 in the October 2021 data and $250,977,071,306 in the October 2026 data, up 556%.
Total employees: 146 in October 2021 and 106 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Regulatory assets under management went from $139,294,588,096 to $250,977,071,306 (+80%).

### June 2026
- Item 11 disclosure answers changed: 1 yes answer, previously 0 (now yes: 11.D(2)).

### December 2025
- Regulatory assets under management went from $75,863,757,861 to $139,294,588,096 (+84%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Capital Bank and Trust Company (CRD 170017): Form ADV filing data as of October 2026.