# Capital Investment Advisors

> Capital Investment Advisors is an SEC-registered investment advisory firm in Washington D.c., DC, registered since 2017, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 28, 2026.

- CRD: 118269
- Filed as: CAPITAL INVESTMENT ADVISORS
- Legal name: Capital Investment Advisors, Inc.
- Also doing business as: CAPITAL ASSET MANAGEMENT GROUP, INC., INNOVATIVE INVESTING, INSTITUTE FOR FINANCIAL INDEPENDENCE
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Washington D.c., DC
- Filing period: October 2026
- Form ADV filing dated: September 28, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/118269
- AdvisorCensus page: https://advisorcensus.com/firm/capital-investment-advisors-washington-d-c-dc-118269

## Quick answers

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

**How much does Capital Investment Advisors charge?**
Its Form ADV Part 2A brochure dated June 11, 2026 states: Hourly rate: $150 to $500 an hour (unique consultation and analyses services). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Capital Investment Advisors located?**
Capital Investment Advisors' principal office is in Washington D.c., DC, according to its Form ADV.

**Is Capital Investment Advisors registered with the SEC or a state?**
Capital Investment Advisors is an SEC-registered investment advisory firm, registered since 2017. Status as filed: Approved. CRD 118269.

**How much does Capital Investment Advisors manage?**
Capital Investment Advisors reports $373,620,678 in regulatory assets under management in its Form ADV filing dated September 28, 2026 (94% discretionary).

**How have Capital Investment Advisors' assets and staff changed since 2021?**
In the Form ADV data for Capital Investment Advisors: Regulatory assets under management: $311,878,481 in the October 2021 data and $373,620,678 in the October 2026 data, up 20%. Total employees: 15 in October 2021 and 11 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Capital Investment Advisors serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (321); high net worth individuals (107); pension and profit sharing plans (but not the plan participants or government pension plans) (6).

**Which custodians does Capital Investment Advisors use?**
Capital Investment Advisors' most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Assetmark Brokerage, LLC and Pershing Advisor Solutions LLC as custodians holding 10% or more of its separately managed account assets.

**Does Capital Investment Advisors 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/118269

**What changed in Capital Investment Advisors' recent Form ADV filings?**
In the October 2026 filing data: Employees performing advisory functions went from 6 to 5. Regulatory assets under management went from $302,256,086 to $373,620,678 (+24%).

## 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 June 11, 2026)

- Hourly rate: $150 to $500 an hour (unique consultation and analyses services)

> The fees for unique consultation and analyses services are negotiated between the Capital Investment Advisor Representative and the client, but generally range from $500 per hour for a CIA firm principal, $350 per hour for a CIA firm manager, $200 per hour for a CIA firm senior associate, to $150 per hour for a CIA firm associate.

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

### Custodians (Schedule D, Section 5.K(3))
- Assetmark Brokerage, LLC
- Pershing Advisor Solutions LLC

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: $373,620,678
- Discretionary: $350,494,799
- Non-discretionary: $23,125,879

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 321 | $120,296,631 |
| High net worth individuals | 107 | $236,101,191 |
| 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) | 6 | $9,028,737 |
| Charitable organizations | 1 | $7,931,243 |
| 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 | 2 | $262,876 |
| Other | 0 | $0 |

### 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)

### Firm details
- Registered since: 2017 (9 years)
- Employees: 11 total, 5 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, DC, DE, FL, LA, MD, NH, NY, PA, TX, VA
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- [capitalamg.com](https://capitalamg.com)
- Facebook @CapitalAssetManagementGroup
- LinkedIn @capital-asset-management-group

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $311,878,481 | 15 | September 22, 2021 |
| October 2022 | $283,719,362 | 16 | September 30, 2022 |
| October 2023 | $311,979,712 | 14 | September 29, 2023 |
| October 2024 | $378,205,884 | 12 | September 30, 2024 |
| October 2025 | $378,205,884 | 11 | June 18, 2025 |
| October 2026 | $373,620,678 | 11 | September 28, 2026 |

Regulatory assets under management: $311,878,481 in the October 2021 data and $373,620,678 in the October 2026 data, up 20%.
Total employees: 15 in October 2021 and 11 in October 2026.

## Changes in the filing (last 12 months)

### October 2026
- Employees performing advisory functions went from 6 to 5.
- Regulatory assets under management went from $302,256,086 to $373,620,678 (+24%).

### March 2026
- Employees performing advisory functions went from 5 to 6.

### December 2025
- Employees performing advisory functions went from 4 to 5.
- Regulatory assets under management went from $378,205,884 to $302,256,086 (-20%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Capital Investment Advisors (CRD 118269): Form ADV filing data as of October 2026.