{
  "crd_number": 110447,
  "slug": "capital-management-advisors-inc-marietta-ga-110447",
  "primary_business_name": "CAPITAL MANAGEMENT ADVISORS INC",
  "legal_name": "CAPITAL MANAGEMENT ADVISORS INC",
  "dbas": [],
  "city": "Marietta",
  "state": "GA",
  "country": "United States",
  "cbsa_code": "12060",
  "metro": {
    "cbsa_code": "12060",
    "common_name": "Atlanta",
    "msa_name": "Atlanta-Sandy Springs-Roswell, GA",
    "path": "/advisors/ga/atlanta"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "1991-11-05",
  "years_registered": 34,
  "period": "2026-10-01",
  "filing_date": "2025-12-12",
  "carried_forward": false,
  "raum_total": 52004472.0,
  "raum_discretionary": 48467658.0,
  "raum_non_discretionary": 3536814.0,
  "raum_band": "25m_100m",
  "raum_band_label": "$25 million to $100 million",
  "total_employees": 4,
  "advisory_employees": 3,
  "client_count_bucket": "fewer_than_5_in_some_types",
  "clients_by_type": {
    "charitable": {
      "raum": 4383386.0,
      "count": null,
      "fewer_than_5": true
    },
    "individuals": {
      "raum": 32169592.0,
      "count": 115
    },
    "pension_profit_sharing": {
      "raum": 2866194.0,
      "count": null,
      "fewer_than_5": true
    },
    "high_net_worth_individuals": {
      "raum": 9852455.0,
      "count": null,
      "fewer_than_5": true
    },
    "corporations_other_businesses": {
      "raum": 2732845.0,
      "count": null,
      "fewer_than_5": true
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum"
  ],
  "advisory_activities": [
    "financial_planning",
    "pension_consulting",
    "portfolio_management_businesses_institutional",
    "portfolio_management_individuals"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 1,
  "states_registered": [],
  "websites": [
    "https://ccmcma.com"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/110447",
  "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?"
    }
  ],
  "city_as_filed": "MARIETTA",
  "url": "https://advisorcensus.com/firm/capital-management-advisors-inc-marietta-ga-110447",
  "display_name": "Capital Management Advisors Inc",
  "summary": "Capital Management Advisors Inc is an SEC-registered investment advisory firm in Marietta, GA, registered since 1991, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated December 12, 2025.",
  "citation": "AdvisorCensus. Capital Management Advisors Inc (CRD 110447): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Hourly charges",
    "Fixed fees (other than subscription fees)"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for businesses (other than small businesses) or institutional clients",
    "Pension consulting services"
  ],
  "quick_answers": [
    {
      "q": "How is Capital Management Advisors Inc compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Capital Management Advisors Inc reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees)."
    },
    {
      "q": "How much does Capital Management Advisors Inc charge?",
      "a": "Its Form ADV Part 2A brochure dated December 12, 2025 states: Hourly rate: $275 an hour (Financial Planning Services — Senior Advisor); Hourly rate: $175 an hour (Financial Planning Services — Junior Associate); Hourly rate: $125 an hour (Financial Planning Services — Staff Professional). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Capital Management Advisors Inc located?",
      "a": "Capital Management Advisors Inc's principal office is in Marietta, GA, according to its Form ADV."
    },
    {
      "q": "Is Capital Management Advisors Inc registered with the SEC or a state?",
      "a": "Capital Management Advisors Inc is an SEC-registered investment advisory firm, registered since 1991. Status as filed: Approved. CRD 110447."
    },
    {
      "q": "How much does Capital Management Advisors Inc manage?",
      "a": "Capital Management Advisors Inc reports $52,004,472 in regulatory assets under management in its Form ADV filing dated December 12, 2025 (93% discretionary)."
    },
    {
      "q": "How have Capital Management Advisors Inc's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Capital Management Advisors Inc: Regulatory assets under management: $122,097,523 in the October 2021 data and $52,004,472 in the October 2026 data, down 57%. Total employees: 5 in October 2021 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Capital Management Advisors Inc serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (115)."
    },
    {
      "q": "Does Capital Management Advisors Inc report any disciplinary disclosures?",
      "a": "Reports 1 disclosure item on Form ADV Item 11: yes answers to 11.D(2) (another regulator's finding of a violation). 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 SEC record: https://adviserinfo.sec.gov/firm/summary/110447"
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 122097523.0,
      "total_employees": 5,
      "filing_date": "2021-06-25"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 121804848.0,
      "total_employees": 5,
      "filing_date": "2022-06-28"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 50771619.0,
      "total_employees": 4,
      "filing_date": "2023-06-29"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 52004472.0,
      "total_employees": 4,
      "filing_date": "2024-07-30"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 52004472.0,
      "total_employees": 4,
      "filing_date": "2024-07-30"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 52004472.0,
      "total_employees": 4,
      "filing_date": "2025-12-12"
    }
  ],
  "recent_changes": [],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated December 12, 2025",
    "provided_by_the_firm": false,
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": null,
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "planning_fees": [
      "Hourly rate: $275 an hour (Financial Planning Services — Senior Advisor)",
      "Hourly rate: $175 an hour (Financial Planning Services — Junior Associate)",
      "Hourly rate: $125 an hour (Financial Planning Services — Staff Professional)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $275 an hour (Financial Planning Services — Senior Advisor)"
        ],
        "quotes": [
          "Hourly Charges o Senior Advisor: $275 per hour o Junior Associate: $175 per hour o Staff Professional: $125 per hour"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $175 an hour (Financial Planning Services — Junior Associate)"
        ],
        "quotes": [
          "Hourly Charges o Senior Advisor: $275 per hour o Junior Associate: $175 per hour o Staff Professional: $125 per hour"
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $125 an hour (Financial Planning Services — Staff Professional)"
        ],
        "quotes": [
          "Hourly Charges o Senior Advisor: $275 per hour o Junior Associate: $175 per hour o Staff Professional: $125 per hour"
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 275.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "Financial Planning Services — Senior Advisor"
        },
        {
          "kind": "hourly",
          "amount": 175.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "Financial Planning Services — Junior Associate"
        },
        {
          "kind": "hourly",
          "amount": 125.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "Financial Planning Services — Staff Professional"
        }
      ]
    },
    "quotes": [
      "Hourly Charges o Senior Advisor: $275 per hour o Junior Associate: $175 per hour o Staff Professional: $125 per hour",
      "Hourly Charges o Senior Advisor: $275 per hour o Junior Associate: $175 per hour o Staff Professional: $125 per hour",
      "Hourly Charges o Senior Advisor: $275 per hour o Junior Associate: $175 per hour o Staff Professional: $125 per hour"
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/capital-management-advisors-inc-marietta-ga-110447.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 115,
      "fewer_than_5": false,
      "raum": 32169592.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": null,
      "fewer_than_5": true,
      "raum": 9852455.0
    },
    {
      "type": "pension_profit_sharing",
      "label": "Pension and profit sharing plans (but not the plan participants or government pension plans)",
      "count": null,
      "fewer_than_5": true,
      "raum": 2866194.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": null,
      "fewer_than_5": true,
      "raum": 4383386.0
    },
    {
      "type": "corporations_other_businesses",
      "label": "Corporations or other businesses not listed above",
      "count": null,
      "fewer_than_5": true,
      "raum": 2732845.0
    }
  ],
  "disclosure_line": "Reports 1 disclosure item 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/110447",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}