Capita Financial Network provides financial planning, portfolio management for individuals and small businesses, selecting other managers, educational seminars, divorce planning, and insurance. Financial planning was provided to 3,000 clients last fiscal year.
Capita Financial Network reports 2,888 clients. They include 2,289 individual clients and 599 high-net-worth individuals. Of its assets, 100.0% ($2.32B across 7,042 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 79% | 43% |
| High-net-worth individuals | 21% | 57% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 2,289 | $1.01B | 43.2% | $439K |
| High-net-worth individuals | 599 | $1.32B | 56.8% | $2.2M |
| Total | 2,888 | $2.32B | 100% | $805K |
- Clients
- 2,289
- Regulatory AUM
- $1.01B
- AUM share
- 43.2%
- Avg. per client
- $439K
- Clients
- 599
- Regulatory AUM
- $1.32B
- AUM share
- 56.8%
- Avg. per client
- $2.2M
Total
- Clients
- 2,888
- Regulatory AUM
- $2.32B
- AUM share
- 100%
- Avg. per client
- $805K
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 3000
Capita Financial Network charges 1.00%–1.75% a year for its Investment Management. The fee is billed in advance and is negotiable.
Fee details and sources
Capita Holdings, LLC owns 75% or more of Capita Financial Network and is in turn owned by MBL Financial LLC (50–75%). Michael Littledike is CEO; the leadership team includes President Zaccary Call and Chief Compliance Officer Scott Watko. It has 59 employees, 22 of them in advisory roles.
Staff
- 59 employees
- 22 in advisory functions
- 22 state-registered reps
- 18 insurance agents
- 6 soliciting firms
- Owns 75% or more of Capita Financial Network, LLC
Capita Holdings, LLC
Control person · since October 2017
- Owns 50% to 75% of Capita Holdings, LLC
MBL Financial LLC
Control person · since October 2017
- Owns 50% to 75% of MBL Financial LLC
Michael Littledike
Control person · since September 2006
- Owns 50% to 75% of MBL Financial LLC
Britney Littledike
Control person · since September 2006
Capita Financial Network’s regulatory assets grew 2.8× from $822M (May 2021) to $2.32B (September 2026); clients rose from 1,414 to 2,888 and employees from 19 to 59.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $2.32B | 2,888 | 59 | 2 |
| Jun 2025June 2025 | $1.85B | 2,561 | 52 | 2 |
| Apr 2024April 2024 | $1.46B | 2,255 | 40 | 2 |
| Mar 2023March 2023 | $1.16B | 1,997 | 31 | 2 |
| Jul 2022July 2022 | $1.25B | 1,750 | 28 | 1 |
| May 2021May 2021 | $822M | 1,414 | 19 | 1 |
Besides its headquarters, Capita Financial Network has 1 office (1 private residence, listed without an address), with 1 listed address in 1 state.
Utah · 1 listed address
- 14658 S. Bangerter Pkwy, Ste 300, DraperHQ
Contact and registration details
- Legal name
- Capita Financial Network, LLC
- Headquarters
- 14658 S. Bangerter Pkwy, Ste 300, Draper, UT 84020
- Website
- capitafinancialnetwork.com
- Phone
- 801-566-5058
- @capita-financial-network
- SEC file
- 801-112411
- Founded
- 2018
- Structure
- Utah LLC
- Fiscal year end
- December
Capita Financial Network’s named custodians for separately managed accounts are Charles Schwab ($1.83B, 99%) and Fidelity ($23.1M, 1%). Capita Financial Network has custody of $948M for 1,450 clients.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $1.83B99%
- FidelityFidelity Management & Research Company LLC · Boston, MA · $23.1M1%
At year end, Capita Financial Network’s separately managed accounts were mostly in funds (71%) and stocks (24%).
What the accounts hold
- Stocks24%
- Funds71%
- Bonds3%
- U.S. government and agency bonds1%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash2%
How many clients does Capita Financial Network have?
Capita Financial Network has 2,888 clients and manages $2.32 billion for them, as of September 2026. They include 2,289 individual clients and 599 high-net-worth individuals.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 September 2026
What services does Capita Financial Network offer?
Capita Financial Network provides financial planning, portfolio management for individuals and small businesses, selecting other managers, educational seminars, divorce planning, and insurance.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Capita Financial Network charge?
Capita Financial Network charges 1.00%–1.75% a year for its Investment Management. The fee is billed in advance and is negotiable.
Which custodians does Capita Financial Network use?
Capita Financial Network’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $1.83B and Fidelity Management & Research Company LLC (Boston, MA), with $23.1M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 September 2026
How many financial advisors does Capita Financial Network have?
Capita Financial Network has 22 investment adviser representatives registered with state securities authorities, out of 59 employees, and 22 perform investment advisory functions. 0 employees are registered representatives of a broker-dealer and 18 employees are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Capita Financial Network invest in?
At the end of its last fiscal year, Capita Financial Network’s separately managed accounts held 71% registered funds (mutual funds, ETFs, BDCs), 24% exchange-traded equities, 2% cash and equivalents, 1% U.S. government and agency bonds, 1% state and local bonds and 1% investment grade corporate bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Capita Financial Network?
Capita Financial Network is owned through a chain of holding companies by Michael and Britney Littledike. Its direct owner is Capita Holdings, LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 25 September 2026
How does Capita Financial Network get paid?
Capita Financial Network is paid through a percentage of assets under management. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file
How do I contact Capita Financial Network?
Capita Financial Network’s main office is at 14658 S. Bangerter Pkwy, Ste 300, Draper, UT 84020. Its phone number is 801-566-5058. Its website is capitafinancialnetwork.com.