# Capital Investment Services of America Inc

> Capital Investment Services of America Inc is an SEC-registered investment advisory firm in Milwaukee, WI, registered since 1980, reporting $1 billion to $5 billion in regulatory assets under management in its Form ADV filing dated December 16, 2025.

- CRD: 110639
- Filed as: CAPITAL INVESTMENT SERVICES OF AMERICA INC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Milwaukee, WI
- Filing period: October 2026
- Form ADV filing dated: December 16, 2025
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/110639
- AdvisorCensus page: https://advisorcensus.com/firm/capital-investment-services-of-america-inc-milwaukee-wi-110639

## Quick answers

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

**Where is Capital Investment Services of America Inc located?**
Capital Investment Services of America Inc's principal office is in Milwaukee, WI, according to its Form ADV.

**Is Capital Investment Services of America Inc registered with the SEC or a state?**
Capital Investment Services of America Inc is an SEC-registered investment advisory firm, registered since 1980. Status as filed: Approved. CRD 110639.

**How much does Capital Investment Services of America Inc manage?**
Capital Investment Services of America Inc reports $1,314,238,097 in regulatory assets under management in its Form ADV filing dated December 16, 2025 (100% discretionary).

**How have Capital Investment Services of America Inc's assets and staff changed since 2021?**
In the Form ADV data for Capital Investment Services of America Inc: Regulatory assets under management: $991,909,691 in the October 2021 data and $1,314,238,097 in the October 2026 data, up 32%. Total employees: 7 in October 2021 and 9 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Capital Investment Services of America Inc serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (642); high net worth individuals (256); charitable organizations (21).

**Which custodians does Capital Investment Services of America Inc use?**
Capital Investment Services of America Inc's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Capital Investment Services of America Inc 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/110639

**Does Capital Investment Services of America Inc state an account minimum?**
Its Form ADV Part 2A brochure dated December 16, 2025 says: "The minimum value of a client relationship is $500,000 ; however, we reserve the right to waive the minimum requirement ."

**What changed in Capital Investment Services of America Inc's recent Form ADV filings?**
In the January 2026 filing data: No longer registered or notice-filed in CT, MO, NC.

## 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 December 16, 2025)

- Account minimum: $500,000 (the brochure says it may be waived or negotiated)

> The minimum value of a client relationship is $500,000 ; however, we reserve the right to waive the minimum requirement .

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

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.

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: $1,314,238,097
- Discretionary: $1,314,238,097
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 642 | $178,798,564 |
| High net worth individuals | 256 | $898,557,735 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 10 | $53,645,451 |
| Charitable organizations | 21 | $123,658,339 |
| Corporations or other businesses not listed above | 8 | $59,578,008 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for businesses (other than small businesses) or institutional clients

### Firm details
- Registered since: 1980 (46 years)
- Employees: 9 total, 9 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: AZ, CA, CO, FL, IA, IL, LA, MI, MN, NY, OH, TX, VA, WA, WI
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- capinv.com
- LinkedIn @capital-investment-services

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $991,909,691 | 7 | January 29, 2021 |
| October 2022 | $1,176,509,129 | 6 | June 27, 2022 |
| October 2023 | $894,453,156 | 8 | October 31, 2022 |
| October 2024 | $1,034,621,184 | 7 | December 20, 2023 |
| October 2025 | $1,228,290,821 | 9 | December 3, 2024 |
| October 2026 | $1,314,238,097 | 9 | December 16, 2025 |

Regulatory assets under management: $991,909,691 in the October 2021 data and $1,314,238,097 in the October 2026 data, up 32%.
Total employees: 7 in October 2021 and 9 in October 2026.

## Changes in the filing (last 12 months)

### January 2026
- No longer registered or notice-filed in CT, MO, NC.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Capital Investment Services of America Inc (CRD 110639): Form ADV filing data as of October 2026.