# Capstar Financial Services LLC

> Capstar Financial Services LLC is an SEC-registered investment advisory firm in Austin, TX, registered since 2022, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated March 20, 2026.

- CRD: 300349
- Filed as: CAPSTAR FINANCIAL SERVICES LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Austin, TX
- Filing period: October 2026
- Form ADV filing dated: March 20, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/300349
- AdvisorCensus page: https://advisorcensus.com/firm/capstar-financial-services-llc-austin-tx-300349

## Quick answers

**How is Capstar Financial Services LLC compensated?**
On its Form ADV (Item 5.E, October 2026), Capstar Financial Services LLC reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees).

**Where is Capstar Financial Services LLC located?**
Capstar Financial Services LLC's principal office is in Austin, TX, according to its Form ADV.

**Is Capstar Financial Services LLC registered with the SEC or a state?**
Capstar Financial Services LLC is an SEC-registered investment advisory firm, registered since 2022. Status as filed: Approved. CRD 300349.

**How much does Capstar Financial Services LLC manage?**
Capstar Financial Services LLC reports $207,804,471 in regulatory assets under management in its Form ADV filing dated March 20, 2026 (100% discretionary).

**How have Capstar Financial Services LLC's assets and staff changed since 2022?**
In the Form ADV data for Capstar Financial Services LLC: Regulatory assets under management: $146,110,647 in the October 2022 data and $207,804,471 in the October 2026 data, up 42%. Total employees: 5 in October 2022 and 4 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Capstar Financial Services LLC serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (329); high net worth individuals (47); corporations or other businesses not listed above (2).

**Which custodians does Capstar Financial Services LLC use?**
Capstar Financial Services LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Fidelity Brokerage Services LLC as a custodian holding 10% or more of its separately managed account assets.

**Does Capstar Financial Services 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/300349

**Does Capstar Financial Services LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 20, 2026 says: "There is an account minimum of $500,000, which may be waived by Capstar Financial in its discretion."

**What changed in Capstar Financial Services LLC's recent Form ADV filings?**
In the April 2026 filing data: Regulatory assets under management went from $172,968,189 to $207,804,471 (+20%).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)

### Fees and minimums (Form ADV Part 2A brochure dated March 20, 2026)

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

> There is an account minimum of $500,000, which may be waived by Capstar Financial in its discretion.

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

### Custodians (Schedule D, Section 5.K(3))
- Fidelity Brokerage Services LLC

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: $207,804,471
- Discretionary: $207,196,803
- Non-discretionary: $607,668

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 329 | $102,631,159 |
| High net worth individuals | 47 | $95,127,999 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 0 | $0 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 1 | $3,709,226 |
| Charitable organizations | 1 | $1,715,003 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 2 | $4,621,084 |
| Other | 0 | $0 |

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

### Firm details
- Registered since: 2022 (4 years)
- Employees: 4 total, 3 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: LA, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Websites listed on Form ADV (Item 1.I)
- capstarfinancial.com

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2022 | $146,110,647 | 5 | July 6, 2022 |
| October 2023 | $126,331,476 | 6 | March 29, 2023 |
| October 2024 | $148,223,487 | 6 | March 19, 2024 |
| October 2025 | $172,968,189 | 5 | March 28, 2025 |
| October 2026 | $207,804,471 | 4 | March 20, 2026 |

Regulatory assets under management: $146,110,647 in the October 2022 data and $207,804,471 in the October 2026 data, up 42%.
Total employees: 5 in October 2022 and 4 in October 2026.

## Changes in the filing (last 12 months)

### April 2026
- Regulatory assets under management went from $172,968,189 to $207,804,471 (+20%).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Capstar Financial Services LLC (CRD 300349): Form ADV filing data as of October 2026.