# Capital Wealth Planning, LLC

> Capital Wealth Planning, LLC is an SEC-registered investment advisory firm in Naples, FL, registered since 2009, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 20, 2026.

- CRD: 150764
- Filed as: CAPITAL WEALTH PLANNING, LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Naples, FL
- Filing period: October 2026
- Form ADV filing dated: March 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/150764
- AdvisorCensus page: https://advisorcensus.com/firm/capital-wealth-planning-llc-naples-fl-150764

## Quick answers

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

**How much does Capital Wealth Planning, LLC charge?**
Its Form ADV Part 2A brochure dated March 20, 2026 states: Asset-based fee: up to 1.75% 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 Wealth Planning, LLC located?**
Capital Wealth Planning, LLC's principal office is in Naples, FL, according to its Form ADV; the April 2026 filing also lists 1 other office (Schedule D, Section 1.F).

**Is Capital Wealth Planning, LLC registered with the SEC or a state?**
Capital Wealth Planning, LLC is an SEC-registered investment advisory firm, registered since 2009. Status as filed: Approved. CRD 150764.

**How much does Capital Wealth Planning, LLC manage?**
Capital Wealth Planning, LLC reports $17,247,323,339 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (100% discretionary).

**How have Capital Wealth Planning, LLC's assets and staff changed since 2021?**
In the Form ADV data for Capital Wealth Planning, LLC: Regulatory assets under management: $2,610,572,453 in the October 2021 data and $17,247,323,339 in the October 2026 data, up 561%. Total employees: 18 in October 2021 and 30 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Capital Wealth Planning, LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (11,151); high net worth individuals (1,066); corporations or other businesses not listed above (271).

**Which custodians does Capital Wealth Planning, LLC use?**
Capital Wealth Planning, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Raymond James & Associates, Inc. as a custodian holding 10% or more of its separately managed account assets.

**Does Capital Wealth Planning, 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/150764

**What changed in Capital Wealth Planning, LLC's recent Form ADV filings?**
In the April 2026 filing data: Employees performing advisory functions went from 4 to 6. Regulatory assets under management went from $11,419,152,238 to $17,247,323,339 (+51%). Added an office in Naples, FL.

## 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 March 20, 2026)

- Asset-based fee: up to 1.75% of assets a year (the maximum the brochure states)

> The annual fee charged by CWP for the Investment Management Services is a percentage of assets under management and will not exceed 1.75% of the market value of the client’s portfolio including cash and cash equivalents.

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

### Custodians (Schedule D, Section 5.K(3))
- Raymond James & Associates, 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: $17,247,323,339
- Discretionary: $17,247,323,339
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 11,151 | $6,974,439,561 |
| High net worth individuals | 1,066 | $2,608,515,388 |
| Investment companies | 3 | $7,034,321,533 |
| Charitable organizations | 89 | $221,164,065 |
| Corporations or other businesses not listed above | 271 | $408,882,792 |

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

### Firm details
- Registered since: 2009 (17 years)
- Employees: 30 total, 6 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: CA, CT, FL, NH, PA, RI, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Naples, FL

### Websites listed on Form ADV (Item 1.I)
- capitalwealthplanning.com
- kevinsimpson.com
- walktowardwealth.com
- Facebook @capital.plan.50
- Facebook @capitalwealthplanning
- Instagram @capitalwealthplanning
- Instagram @covered.calls
- LinkedIn @capital-wealth-planning
- LinkedIn @kevin-simpson-9646611a6
- X @coveredcalls
- X @cwp_advisor
- YouTube @UCM_nxMfOfUogcdZQvu0k2mQ

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $2,610,572,453 | 18 | July 28, 2021 |
| October 2022 | $4,971,271,938 | 19 | April 22, 2022 |
| October 2023 | $7,577,626,251 | 28 | March 22, 2023 |
| October 2024 | $9,242,682,912 | 29 | September 26, 2024 |
| October 2025 | $11,419,152,238 | 32 | February 21, 2025 |
| October 2026 | $17,247,323,339 | 30 | March 20, 2026 |

Regulatory assets under management: $2,610,572,453 in the October 2021 data and $17,247,323,339 in the October 2026 data, up 561%.
Total employees: 18 in October 2021 and 30 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Employees performing advisory functions went from 4 to 6.
- Regulatory assets under management went from $11,419,152,238 to $17,247,323,339 (+51%).
- Added an office in Naples, FL.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Capital Wealth Planning, LLC (CRD 150764): Form ADV filing data as of October 2026.