{
  "crd_number": 122575,
  "slug": "capstone-investment-financial-group-llc-webster-ny-122575",
  "primary_business_name": "CAPSTONE INVESTMENT FINANCIAL GROUP, LLC",
  "legal_name": "CAPSTONE INVESTMENT FINANCIAL GROUP, LLC",
  "dbas": [],
  "city": "Webster",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "40380",
  "metro": {
    "cbsa_code": "40380",
    "common_name": "Rochester",
    "msa_name": "Rochester, NY",
    "path": "/advisors/ny/rochester"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2007-04-17",
  "years_registered": 19,
  "period": "2026-10-01",
  "filing_date": "2026-09-24",
  "carried_forward": false,
  "raum_total": 174626885.0,
  "raum_discretionary": 170063697.0,
  "raum_non_discretionary": 4563188.0,
  "raum_band": "100m_500m",
  "raum_band_label": "$100 million to $500 million",
  "total_employees": 6,
  "advisory_employees": 3,
  "client_count_bucket": null,
  "clients_by_type": {
    "charitable": {
      "raum": 1416441.0,
      "count": 4
    },
    "individuals": {
      "raum": 90832248.0,
      "count": 357
    },
    "high_net_worth_individuals": {
      "raum": 78950501.0,
      "count": 30
    },
    "pooled_investment_vehicles": {
      "raum": 3427695.0,
      "count": 1
    }
  },
  "compensation_types": [
    "fixed",
    "hourly",
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "financial_planning",
    "portfolio_management_individuals",
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": true,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "CO",
    "FL",
    "NC",
    "NJ",
    "NY",
    "TX"
  ],
  "websites": [
    "https://capstoneinvest.com",
    "https://facebook.com/people/Capstone-Investment-Financial-Group/100064277972630",
    "https://linkedin.com/company/capstone-investment-financial-group"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/122575",
  "city_as_filed": "WEBSTER",
  "url": "https://advisorcensus.com/firm/capstone-investment-financial-group-llc-webster-ny-122575",
  "display_name": "Capstone Investment Financial Group, LLC",
  "summary": "Capstone Investment Financial Group, LLC is an SEC-registered investment advisory firm in Webster, NY, registered since 2007, reporting $100 million to $500 million in regulatory assets under management in its Form ADV filing dated September 24, 2026.",
  "citation": "AdvisorCensus. Capstone Investment Financial Group, LLC (CRD 122575): 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)",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Financial planning services",
    "Portfolio management for individuals and/or small businesses",
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is Capstone Investment Financial Group, LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), Capstone Investment Financial Group, LLC reports these compensation arrangements: a percentage of assets under its management; hourly charges; fixed fees (other than subscription fees); performance-based fees."
    },
    {
      "q": "How much does Capstone Investment Financial Group, LLC charge?",
      "a": "Its Form ADV Part 2A brochure dated February 23, 2026 states: Hourly rate: $250 an hour (Financial planning); Flat fee: $300 to $3,000 (an initial financial plan). Fees can differ by service and may be negotiable; the brochure is the complete statement."
    },
    {
      "q": "Where is Capstone Investment Financial Group, LLC located?",
      "a": "Capstone Investment Financial Group, LLC's principal office is in Webster, NY, according to its Form ADV; the October 2026 filing also lists 2 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is Capstone Investment Financial Group, LLC registered with the SEC or a state?",
      "a": "Capstone Investment Financial Group, LLC is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 122575."
    },
    {
      "q": "How much does Capstone Investment Financial Group, LLC manage?",
      "a": "Capstone Investment Financial Group, LLC reports $174,626,885 in regulatory assets under management in its Form ADV filing dated September 24, 2026 (97% discretionary)."
    },
    {
      "q": "How have Capstone Investment Financial Group, LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for Capstone Investment Financial Group, LLC: Regulatory assets under management: $102,758,873 in the October 2021 data and $174,626,885 in the October 2026 data, up 70%. Total employees: 5 in October 2021 and 6 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does Capstone Investment Financial Group, LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (357); high net worth individuals (30); charitable organizations (4)."
    },
    {
      "q": "Which custodians does Capstone Investment Financial Group, LLC use?",
      "a": "Capstone Investment Financial Group, LLC's most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. as a custodian holding 10% or more of its separately managed account assets."
    },
    {
      "q": "Does Capstone Investment Financial Group, LLC report any disciplinary disclosures?",
      "a": "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/122575"
    },
    {
      "q": "What changed in Capstone Investment Financial Group, LLC's recent Form ADV filings?",
      "a": "In the October 2026 filing data: Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 102758873.0,
      "total_employees": 5,
      "filing_date": "2021-04-19"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 119195847.0,
      "total_employees": 5,
      "filing_date": "2022-09-22"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 108593816.0,
      "total_employees": 6,
      "filing_date": "2023-09-01"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 136995368.0,
      "total_employees": 6,
      "filing_date": "2024-05-08"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 136583840.0,
      "total_employees": 5,
      "filing_date": "2025-03-03"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 174626885.0,
      "total_employees": 6,
      "filing_date": "2026-09-24"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-10-01",
      "period_label": "October 2026",
      "notes": [
        "Updated its list of owners and control persons (Schedule A)."
      ]
    },
    {
      "period": "2026-03-01",
      "period_label": "March 2026",
      "notes": [
        "Regulatory assets under management went from $136,583,840 to $174,626,885 (+28%).",
        "Changed its office addresses in Greenwood Village, CO."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated February 23, 2026",
    "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: $250 an hour (Financial planning)",
      "Flat fee: $300 to $3,000 (an initial financial plan)"
    ],
    "figures": [
      {
        "label": "Planning fee",
        "statements": [
          "Hourly rate: $250 an hour (Financial planning)"
        ],
        "quotes": [
          "Our hourly charge is $250 per hour."
        ]
      },
      {
        "label": "Planning fee",
        "statements": [
          "Flat fee: $300 to $3,000 (an initial financial plan)"
        ],
        "quotes": [
          "fixed fee rates vary from $300 to $3,000 for an initial financial plan."
        ]
      }
    ],
    "values": {
      "tiers": [],
      "range_pct": null,
      "max_pct": null,
      "account_minimum": null,
      "minimum_annual_fee": null,
      "planning": [
        {
          "kind": "hourly",
          "amount": 250.0,
          "min": null,
          "max": null,
          "period": "hour",
          "service": "Financial planning"
        },
        {
          "kind": "flat",
          "amount": null,
          "min": 300.0,
          "max": 3000.0,
          "period": "one_time",
          "service": "an initial financial plan"
        }
      ]
    },
    "quotes": [
      "Our hourly charge is $250 per hour.",
      "fixed fee rates vary from $300 to $3,000 for an initial financial plan."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [
    {
      "name": "Charles Schwab & Co., Inc.",
      "name_as_filed": "CHARLES SCHWAB & CO., INC.",
      "affiliated": false
    }
  ],
  "custodians_note": "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.",
  "markdown_url": "https://advisorcensus.com/firm/capstone-investment-financial-group-llc-webster-ny-122575.md",
  "clients": [
    {
      "type": "individuals",
      "label": "Individuals (other than high net worth individuals)",
      "count": 357,
      "fewer_than_5": false,
      "raum": 90832248.0
    },
    {
      "type": "high_net_worth_individuals",
      "label": "High net worth individuals",
      "count": 30,
      "fewer_than_5": false,
      "raum": 78950501.0
    },
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 1,
      "fewer_than_5": false,
      "raum": 3427695.0
    },
    {
      "type": "charitable",
      "label": "Charitable organizations",
      "count": 4,
      "fewer_than_5": false,
      "raum": 1416441.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "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/122575",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}