{
  "crd_number": 123625,
  "slug": "capital-financial-management-inc-indianapolis-in-123625",
  "primary_business_name": "CAPITAL FINANCIAL MANAGEMENT, INC.",
  "legal_name": "CAPITAL FINANCIAL MANAGEMENT, INC.",
  "dbas": [],
  "city": "Indianapolis",
  "state": "IN",
  "country": "United States",
  "cbsa_code": "26900",
  "metro": {
    "cbsa_code": "26900",
    "common_name": "Indianapolis",
    "msa_name": "Indianapolis-Carmel-Greenwood, IN",
    "path": "/advisors/in/indianapolis"
  },
  "registration_type": "state",
  "registration_status": "APPROVED",
  "registration_date": "2003-03-12",
  "years_registered": 23,
  "period": "2026-10-01",
  "filing_date": "2023-03-29",
  "carried_forward": false,
  "raum_total": null,
  "raum_discretionary": null,
  "raum_non_discretionary": null,
  "raum_band": "not_reported",
  "raum_band_label": "Not reported",
  "total_employees": 1,
  "advisory_employees": 1,
  "client_count_bucket": null,
  "clients_by_type": {
    "individuals": {
      "raum": null,
      "count": 74
    }
  },
  "compensation_types": [
    "commissions",
    "hourly"
  ],
  "advisory_activities": [
    "educational_seminars",
    "financial_planning"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 2,
  "states_registered": [
    "IN"
  ],
  "websites": [],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/123625",
  "disclosure_items": [
    {
      "item": "11.D(2)",
      "question": "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?"
    },
    {
      "item": "11.D(4)",
      "question": "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?"
    }
  ],
  "city_as_filed": "INDIANAPOLIS",
  "url": "https://advisorcensus.com/firm/capital-financial-management-inc-indianapolis-in-123625",
  "display_name": "Capital Financial Management, Inc.",
  "summary": "Capital Financial Management, Inc. is a state-registered investment advisory firm in Indianapolis, IN, registered since 2003, with no regulatory assets under management reported in its Form ADV filing dated March 29, 2023.",
  "citation": "AdvisorCensus. Capital Financial Management, Inc. (CRD 123625): Form ADV filing data as of October 2026.",
  "registration_type_label": "State-registered investment adviser",
  "compensation_labels": [
    "Hourly charges",
    "Commissions"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Educational seminars/workshops"
  ],
  "quick_answers": [
    {
      "q": "How is Capital Financial Management, Inc. compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Capital Financial Management, Inc. reports these compensation arrangements: hourly charges; commissions."
    },
    {
      "q": "Where is Capital Financial Management, Inc. located?",
      "a": "Capital Financial Management, Inc.'s principal office is in Indianapolis, IN, according to its Form ADV."
    },
    {
      "q": "Is Capital Financial Management, Inc. registered with the SEC or a state?",
      "a": "Capital Financial Management, Inc. is a state-registered investment advisory firm, registered since 2003. Status as filed: APPROVED. CRD 123625."
    },
    {
      "q": "What types of clients does Capital Financial Management, Inc. serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (74)."
    },
    {
      "q": "Does Capital Financial Management, Inc. report any disciplinary disclosures?",
      "a": "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 public record on IAPD: https://adviserinfo.sec.gov/firm/summary/123625"
    }
  ],
  "filing_history": [],
  "recent_changes": [],
  "fees_from_brochure": null,
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/capital-financial-management-inc-indianapolis-in-123625.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 74,
      "fewer_than_5": false,
      "raum": null
    }
  ],
  "disclosure_line": "Reports 2 disclosure items on Form ADV Item 11.",
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/123625",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}