# Capital Management Consultants

> Capital Management Consultants is a state-registered investment advisory firm in Northbrook, IL, registered since 2023, reporting $25 million to $100 million in regulatory assets under management in its Form ADV filing dated February 17, 2026.

- CRD: 19935
- Filed as: CAPITAL MANAGEMENT CONSULTANTS
- Legal name: Capital Management Consultants, Inc.
- Registration: State-registered investment adviser (status as filed: APPROVED)
- Location: Northbrook, IL
- Filing period: October 2026
- Form ADV filing dated: February 17, 2026
- Public record (IAPD): https://adviserinfo.sec.gov/firm/summary/19935
- AdvisorCensus page: https://advisorcensus.com/firm/capital-management-consultants-northbrook-il-19935

## Quick answers

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

**Where is Capital Management Consultants located?**
Capital Management Consultants' principal office is in Northbrook, IL, according to its Form ADV.

**Is Capital Management Consultants registered with the SEC or a state?**
Capital Management Consultants is a state-registered investment advisory firm, registered since 2023. Status as filed: APPROVED. CRD 19935.

**How much does Capital Management Consultants manage?**
Capital Management Consultants reports $76,178,616 in regulatory assets under management in its Form ADV filing dated February 17, 2026 (99% discretionary).

**How have Capital Management Consultants' assets and staff changed since 2021?**
In the Form ADV data for Capital Management Consultants: Regulatory assets under management: $102,883,059 in the October 2021 data and $76,178,616 in the October 2026 data, down 26%. Total employees: 7 in October 2021 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 Management Consultants serve?**
By number of clients on Form ADV Item 5.D: high net worth individuals (41); individuals (other than high net worth individuals) (20).

**Does Capital Management Consultants report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's public record on IAPD: https://adviserinfo.sec.gov/firm/summary/19935

## From the Form ADV filing

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

### Regulatory assets under management (Item 5.F)
- Total: $76,178,616
- Discretionary: $75,410,696
- Non-discretionary: $767,920

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 20 | $4,247,604 |
| High net worth individuals | 41 | $71,931,012 |

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

### Firm details
- Registered since: 2023 (3 years)
- Employees: 2 total, 2 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: IL, IN
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- capitalmanagementconsultants.net

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $102,883,059 | 7 | March 30, 2021 |
| October 2022 | $100,573,807 | 7 | March 28, 2022 |
| October 2026 | $76,178,616 | 2 | February 17, 2026 |

Regulatory assets under management: $102,883,059 in the October 2021 data and $76,178,616 in the October 2026 data, down 26%.
Total employees: 7 in October 2021 and 2 in October 2026.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Capital Management Consultants (CRD 19935): Form ADV filing data as of October 2026.