# Capital Cities, LLC

> Capital Cities, LLC is an SEC-registered investment advisory firm in Indianapolis, IN, registered since 2008, with no regulatory assets under management reported in its Form ADV filing dated March 11, 2026.

- CRD: 122916
- Filed as: CAPITAL CITIES, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Indianapolis, IN
- Filing period: October 2026
- Form ADV filing dated: March 11, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/122916
- AdvisorCensus page: https://advisorcensus.com/firm/capital-cities-llc-indianapolis-in-122916

## Quick answers

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

**Where is Capital Cities, LLC located?**
Capital Cities, LLC's principal office is in Indianapolis, IN, according to its Form ADV.

**Is Capital Cities, LLC registered with the SEC or a state?**
Capital Cities, LLC is an SEC-registered investment advisory firm, registered since 2008. Status as filed: Approved. CRD 122916.

**How have Capital Cities, LLC's assets and staff changed since 2021?**
In the Form ADV data for Capital Cities, LLC: Total employees: 10 in October 2021 and 10 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Capital Cities, LLC serve?**
By number of clients on Form ADV Item 5.D: pension and profit sharing plans (but not the plan participants or government pension plans) (15).

**Does Capital Cities, LLC report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/122916

**Does Capital Cities, LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 11, 2026 says: "In general, we require you to have in excess of $5,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size."

## From the Form ADV filing

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

### Fees and minimums (Form ADV Part 2A brochure dated March 11, 2026)

- Account minimum: $5,000,000 (the brochure says it may be waived or negotiated)

> In general, we require you to have in excess of $5,000,000 to open and maintain an advisory account. At our discretion, we may waive this minimum account size.

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

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 15 | Not reported |

### Advisory services (Item 5.G)
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Other

### Firm details
- Registered since: 2008 (18 years)
- Employees: 10 total, 10 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [capcities.com](https://capcities.com)

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | Not reported | 10 | August 27, 2021 |
| October 2022 | Not reported | 10 | March 30, 2022 |
| October 2023 | Not reported | 10 | February 26, 2023 |
| October 2024 | Not reported | 10 | March 27, 2024 |
| October 2025 | Not reported | 10 | March 6, 2025 |
| October 2026 | Not reported | 10 | March 11, 2026 |

Total employees: 10 in October 2021 and 10 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Capital Cities, LLC (CRD 122916): Form ADV filing data as of October 2026.