# Capital Financial, LLC

> Capital Financial, LLC is an SEC-registered investment advisory firm in Olney, MD, registered since 2025, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 20, 2026.

- CRD: 122844
- Filed as: CAPITAL FINANCIAL, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Olney, MD
- Filing period: October 2026
- Form ADV filing dated: August 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/122844
- AdvisorCensus page: https://advisorcensus.com/firm/capital-financial-llc-olney-md-122844

## Quick answers

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

**Where is Capital Financial, LLC located?**
Capital Financial, LLC's principal office is in Olney, MD, according to its Form ADV.

**Is Capital Financial, LLC registered with the SEC or a state?**
Capital Financial, LLC is an SEC-registered investment advisory firm, registered since 2025. Status as filed: Approved. CRD 122844.

**How much does Capital Financial, LLC manage?**
Capital Financial, LLC reports $159,396,774 in regulatory assets under management in its Form ADV filing dated August 20, 2026 (88% discretionary).

**How have Capital Financial, LLC's assets and staff changed since 2025?**
In the Form ADV data for Capital Financial, LLC: Regulatory assets under management: $140,828,832 in the October 2025 data and $159,396,774 in the October 2026 data, up 13%. Total employees: 1 in October 2025 and 2 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Capital Financial, LLC serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (32); other (25); individuals (other than high net worth individuals) (23).

**Which custodians does Capital Financial, LLC use?**
Capital Financial, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Assetmark Brokerage, LLC, Capital Bank and Trust (american Funds) and Wilmington Trust as custodians holding 10% or more of its separately managed account assets.

**Does Capital Financial, 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/122844

**What changed in Capital Financial, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 1 to 2. Regulatory assets under management went from $140,828,832 to $159,396,774 (+13%). Registered or notice-filed in DC, VA.

## From the Form ADV filing

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

### Custodians (Schedule D, Section 5.K(3))
- Assetmark Brokerage, LLC
- Capital Bank and Trust (american Funds)
- Wilmington Trust

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: $159,396,774
- Discretionary: $139,515,715
- Non-discretionary: $19,881,059

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 23 | $12,156,846 |
| High net worth individuals | 32 | $23,738,924 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 2 | $5,767,220 |
| Charitable organizations | 0 | $0 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 0 | $0 |
| Other | 25 | $117,733,784 |

### Advisory services (Item 5.G)
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients
- Selection of other advisers (including private fund managers)

### Firm details
- Registered since: 2025 (1 year)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: DC, MD, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- capfinllc.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2025 | $140,828,832 | 1 | May 5, 2025 |
| October 2026 | $159,396,774 | 2 | August 20, 2026 |

Regulatory assets under management: $140,828,832 in the October 2025 data and $159,396,774 in the October 2026 data, up 13%.
Total employees: 1 in October 2025 and 2 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 1 to 2.
- Regulatory assets under management went from $140,828,832 to $159,396,774 (+13%).
- Registered or notice-filed in DC, VA.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Capital Financial, LLC (CRD 122844): Form ADV filing data as of October 2026.