AdvisorCensus / Financial advisors / Tennessee / Capital Square, LLC
Capital Square, LLC is an SEC-registered investment advisory firm in Athens, TN, registered since 2016, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated August 15, 2026.
Quick answers
From the filingHow is Capital Square, LLC compensated?
On its Form ADV (Item 5.E, October 2026), Capital Square, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees).
How much does Capital Square, LLC charge?
Its Form ADV Part 2A brochure dated March 23, 2026 states: Asset-based fee: up to 2% of assets a year (the maximum the brochure states). Fees can differ by service and may be negotiable; the brochure is the complete statement.
Where is Capital Square, LLC located?
Capital Square, LLC's principal office is in Athens, TN, according to its Form ADV; the September 2026 filing also lists 6 other offices (Schedule D, Section 1.F).
Is Capital Square, LLC registered with the SEC or a state?
Capital Square, LLC is an SEC-registered investment advisory firm, registered since 2016. Status as filed: Approved. CRD 286098.
How much does Capital Square, LLC manage?
Capital Square, LLC reports $449,867,352 in regulatory assets under management in its Form ADV filing dated August 15, 2026 (100% discretionary).
How have Capital Square, LLC's assets and staff changed since 2021?
In the Form ADV data for Capital Square, LLC: Regulatory assets under management: $261,265,885 in the October 2021 data and $449,867,352 in the October 2026 data, up 72%. Total employees: 8 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 Square, LLC serve?
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (587); high net worth individuals (117); pension and profit sharing plans (but not the plan participants or government pension plans) (8).
Does Capital Square, LLC 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/286098
Does Capital Square, LLC state an account minimum?
Its Form ADV Part 2A brochure dated March 23, 2026 says: "At this time , Capital Square does not have a minimum account value to open or maintain an agreement."
What changed in Capital Square, LLC's recent Form ADV filings?
In the September 2026 filing data: Added an office in Orange Beach, AL.
From the Form ADV filing
Every figure below is as the firm filed it with regulators, as of October 2026.
How the firm is compensated
Item 5.E- A percentage of assets under your management
- Hourly charges
- Fixed fees (other than subscription fees)
Item 5.E lists how the firm is compensated for its advice; Items 5.B, 6.A, and 7.A show whether its people or related companies can also earn commissions. Percentage of assets, fixed, hourly, subscription, and performance-based fees come from clients (a performance-based fee depends on investment results); commissions come with a sale or a trade, often from the company behind the product. How fees, commissions, and other arrangements differ
Fees and minimums
Form ADV Part 2AAsset-based fee: up to 2% of assets a year (the maximum the brochure states)
The brochure's wording
Capital Square bases its fees on a percentage of assets under management. Capital Square’s fees are negotiable. The maximum annual fee will be 2% of assets under management.
Account minimum: None
The brochure's wording
At this time , Capital Square does not have a minimum account value to open or maintain an agreement.
Minimum annual fee: None
The brochure's wording
In addition, Capital Square does not have a minimum fee to open or maintain an agreement.
As stated in the firm's Form ADV Part 2A brochure dated March 23, 2026. Fees can differ by service and may be negotiable; the brochure is the complete statement. Read the brochure on the SEC's IAPD site
Regulatory assets under management
Item 5.F$449,867,352 as of October 2026, filing dated August 15, 2026.
A measure of scale, not skill or returns. Discretionary means the firm decides trades; non-discretionary means clients approve each one. What assets under management means
Who the firm serves
Item 5.DA firm with no individual clients is an institutional manager even if it manages billions; the mix tells you whom the practice is built around.
Advisory services
Item 5.G- Financial planning services
- Portfolio management for individuals and/or small businesses
- Educational seminars/workshops
Registration and firm details
Items 1, 2, 5- Also doing business as
- TOWN SQUARE WEALTH MANAGEMENT AND CONSULTING
- Registration
- SEC-registered investment adviser. Status as filed: Approved.
- Registered since
- 2016 (9 years)
- Employees
- Total: 11. Performing investment advisory functions: 11.
- Wrap fee program participation
- No.
- Other offices (Schedule D, Section 1.F)
-
6 other offices, as of the September 2026 filing
- States registered or notice-filed
-
11 states or jurisdictions
SEC-registered investment advisers are examined by the SEC. SEC, state, and exempt registration
Disclosures
Item 11None Reports no disclosure items on Form ADV Item 11. View on IAPD.
Item 11 asks about criminal, regulatory, and civil events involving the firm and its advisory personnel. The detail of each yes answer is on the IAPD record. Reading a firm's disclosures
Assets and staff over time
Items 5.A, 5.F| Data period | Assets under management | Employees | Filing dated |
|---|---|---|---|
| October 2026 | $449,867,352 | 11 | August 15, 2026 |
| October 2025 | $393,648,522 | 10 | March 10, 2025 |
| October 2024 | $301,855,262 | 9 | March 20, 2024 |
| October 2023 | $301,390,454 | 10 | March 16, 2023 |
| October 2022 | $305,314,646 | 9 | April 26, 2022 |
| October 2021 | $261,265,885 | 8 | March 30, 2021 |
Regulatory assets under management: $261,265,885 in the October 2021 data and $449,867,352 in the October 2026 data, up 72%.
Total employees: 8 in October 2021 and 11 in October 2026.
As filed in each year's data for the same month. Assets under management move with markets as well as with clients coming and going; they measure scale, not skill or returns. Most firms update these figures once a year.
Changes in the filing
Last 12 months- September 2026
- Added an office in Orange Beach, AL.
- June 2026
- Added the business name Town Square Wealth Management and Consulting.
- April 2026
- Regulatory assets under management went from $393,648,522 to $449,867,352 (+14%).
- Employees performing advisory functions went from 10 to 11.
Compared month to month from the SEC's monthly adviser data and the state compilation feed. Owners and control persons are summarized, never named.
Websites listed on Form ADV
Item 1.ISource: Form ADV, as of October 2026. Values appear as filed; a value the firm did not report is shown as "Not reported."
Cite this page
AdvisorCensus. Capital Square, LLC (CRD 286098): Form ADV filing data as of October 2026. https://advisorcensus.com/firm/capital-square-llc-athens-tn-286098