Capital Asset Advisory Services provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars. Financial planning was provided to 51–100 clients last fiscal year.
Capital Asset Advisory Services reports 5,614 clients. They include 4,218 individual clients, 680 high-net-worth individuals, and 409 pension and profit-sharing plans. Of its assets, 100.0% ($4.64B across 18,187 accounts) are managed with discretion.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 75% | 24% |
| High-net-worth individuals | 12% | 37% |
| Pension and profit-sharing plans | 7% | 11% |
| Charitable organizations | <1% | <1% |
| Corporations and other businesses | 5% | 28% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 4,218 | $1.11B | 24.0% | $264K |
| High-net-worth individuals | 680 | $1.73B | 37.4% | $2.55M |
| Pension and profit-sharing plans | 409 | $496M | 10.7% | $1.21M |
| Charitable organizations | 31 | $4.71M | 0.1% | $152K |
| Corporations and other businesses | 276 | $1.29B | 27.8% | $4.68M |
| Total | 5,614 | $4.64B | 100% | $827K |
- Clients
- 4,218
- Regulatory AUM
- $1.11B
- AUM share
- 24.0%
- Avg. per client
- $264K
- Clients
- 680
- Regulatory AUM
- $1.73B
- AUM share
- 37.4%
- Avg. per client
- $2.55M
- Clients
- 409
- Regulatory AUM
- $496M
- AUM share
- 10.7%
- Avg. per client
- $1.21M
- Clients
- 31
- Regulatory AUM
- $4.71M
- AUM share
- 0.1%
- Avg. per client
- $152K
- Clients
- 276
- Regulatory AUM
- $1.29B
- AUM share
- 27.8%
- Avg. per client
- $4.68M
Total
- Clients
- 5,614
- Regulatory AUM
- $4.64B
- AUM share
- 100%
- Avg. per client
- $827K
- 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
- 51–100
Capital Asset Advisory Services is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and commissions. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices 3 other services, listed under fee details.
Fee details and sources
Other fees
- Engagement fee
- A one-time engagement fee of up to $3,500, or an ongoing engagement fee of up to $10,000 a year where the relationship requires it.
- Financial planning
- Financial planning is billed at up to $300 an hour, or as a negotiable fixed fee that generally ranges from $400 to $5,000 by net worth.
- General consulting
- Consulting is billed at up to $300 an hour, or as an annual fee of up to 1.00% of advised assets, charged quarterly in advance.
Anthony Mazzali owns 50% to 75% of Capital Asset Advisory Services. The leadership team of Capital Asset Advisory Services includes Chief Compliance Officer Kenneth Evangelista. It has 136 employees, 69 of them in advisory roles.
Staff
- 136 employees
- 69 in advisory functions
- 17 state-registered reps
- 17 broker-dealer reps
- 35 insurance agents
- 9 soliciting firms
- Owns 50% to 75% of Capital Asset Advisory Services, LLC.
Anthony Mazzali
Control person · since April 1999
- Owns 10% to 25% of Capital Asset Advisory Services, LLC.
Jeffrey Casey
Control person · since September 1999
- Owns 5% to 10% of Capital Asset Advisory Services, LLC.
Kenneth Evangelista
Control person · since June 2007
Capital Asset Advisory Services’ regulatory assets grew 1.8× from $2.58B (March 2021) to $4.64B (March 2026); clients fell from 9,636 to 5,614 and employees rose from 70 to 136.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $4.64B | 5,614 | 136 | 26 |
| Mar 2025March 2025 | $4.02B | 17,945 | 136 | 32 |
| Mar 2024March 2024 | $3.22B | 17,241 | 130 | 26 |
| Jul 2023July 2023 | $2.7B | 16,610 | 80 | 44 |
| Mar 2022March 2022 | $2.88B | 8,752 | 80 | 44 |
| Mar 2021March 2021 | $2.58B | 9,636 | 70 | 56 |
Besides its headquarters, Capital Asset Advisory Services has 25 offices (1 private residence, listed without an address), with 25 listed addresses across 8 states.
Michigan · 14 listed addresses
- 148 E Grand River Ave., WilliamstonHQ
- 3005 Boardwalk, Ann Arbor
- 2723 S. State St., Ann Arbor
- 1510 W Washington Street, Marquette
- 148 E. Grand River Avenue, Williamston
- 715 E. Frank Street, Caro
- 915 North Michigan Avenue, Howell
- 2855 Coolidge Hwy, Troy
- 15744 South Peacock Road, Haslett
- 113 West Superior St, Munising
- 1525 County Road 633, Travese City
- 715 Columbia Ave, St Joseph
- 100 West Big Beaver RD, Troy
- 2378 Woodlake DR, Okemos
North Carolina · 3 listed addresses
- 7422 Carmel Executive Park DR., Charlotte
- 219 Station RD., Wilmington
- 1927 S. Tryon Street, Charlotte
Illinois · 2 listed addresses
- 250 E Main Street, Galesburg
- 39w849 Kellar Square, Geneva
Texas · 2 listed addresses
- 406 Magrill St, Longview
- 1 Cowboys Way, Frisco
Idaho · 1 listed address
- 2240 Saratoga DR, Idaho Falls
Minnesota · 1 listed address
- 350 W. Burnsville Parkway, Burnsville
Oklahoma · 1 listed address
- 7315 S Lewis Ave, Tulsa
Virginia · 1 listed address
- 9100 Arboretum Pkwy., Richmond
Other business names
Capital Asset Advisory Services has reported 26 other business names to the SEC.
- Advanced Wealth Strategies
- Advancement Financial Services
- All Things Financial
- Austin Tax
- CG Advisory Services
- CG Financial Services
- CG Financial Services of Caro
- CG Financial Services of Charlotte
- CG Financial Services of Haslett
- CG Financial Services of Marquette
- CG Financial Services of Munising
- CG Financial Services of Traverse City
Show all 26 names
- CG Financial Services of Williamston
- CG Financial Services of Wilmington
- Capital Asset Advisory Services LLC
- Capitalwise Advisors, LLC
- Carr Capital, LLC
- Elevate Life Wealth
- Evangelista and Associates
- Lumos Wealth Advisors
- O'Neil Wealth
- Preservation Wealth Management
- Roman Capital Strategies
- Strategic Wealth Concepts
- The Prizant Group
- Wisdom Financial Advisors
Contact and registration details
- Legal name
- Capital Asset Advisory Services, LLC.
- Headquarters
- 148 E Grand River Ave., Williamston, MI 48895
- Website
- cgadvisornetwork.com
- Phone
- 517-339-7662
- SEC file
- 801-67082
- Structure
- Michigan LLC
- Fiscal year end
- December
Capital Asset Advisory Services’ named custodians for separately managed accounts include LPL Financial ($2.23B, 88%), Charles Schwab ($205M, 8%) and Axos Invest ($99.9M, 4%). Capital Asset Advisory Services does not have custody of client assets.
- LPL FinancialLPL Financial LLC · Boston, MA · $2.23B88%
- Axos InvestAxos Invest LLC · Las Vegas, NV · $99.9M4%
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $205M8%
At year end, Capital Asset Advisory Services’ separately managed accounts were mostly in funds (77%) and stocks (14%). Its reported 13F holdings for the quarter ended 30 June 2026 total $2.76B across 375 positions; the largest are Vanguard Index Fds (12.7%), iShares TR (5.9%) and iShares TR (4.1%).
What the accounts hold
- Stocks14%
- Funds77%
- Bonds1%
- Cash2%
- Other6%
- Annuities6%
How many clients does Capital Asset Advisory Services have?
Capital Asset Advisory Services has 5,614 clients and manages $4.64 billion for them, as of March 2026. They include 4,218 individual clients, 680 high-net-worth individuals, and 409 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 26 March 2026
What services does Capital Asset Advisory Services offer?
Capital Asset Advisory Services provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, and educational seminars.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Capital Asset Advisory Services use?
Capital Asset Advisory Services’ separately managed account assets are held at LPL Financial LLC (Boston, MA), with $2.23B, Charles Schwab & Co., Inc. (San Francisco, CA), with $205M and Axos Invest LLC (Las Vegas, NV), with $99.9M. The filing also lists Trade-PMR Inc. and Altruist Financial LLC with no separately managed account assets.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 26 March 2026
How many financial advisors does Capital Asset Advisory Services have?
Capital Asset Advisory Services has 17 investment adviser representatives registered with state securities authorities, out of 136 employees, and 69 perform investment advisory functions. 17 employees are registered representatives of a broker-dealer and 35 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 Capital Asset Advisory Services invest in?
At the end of its last fiscal year, Capital Asset Advisory Services’ separately managed accounts held 77% registered funds (mutual funds, ETFs, BDCs), 14% exchange-traded equities, 6% other, 2% cash and equivalents and 1% U.S. government and agency bonds. The 6% other category is described as: Annuities.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Capital Asset Advisory Services?
Capital Asset Advisory Services’ direct owners are Anthony Mazzali (50% to 75%), Jeffrey Casey (10% to 25%) and Kenneth Evangelista (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 26 March 2026
How does Capital Asset Advisory Services get paid?
Capital Asset Advisory Services is paid through a percentage of assets under management, hourly charges, fixed fees and commissions. Its Form ADV lists no 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 Capital Asset Advisory Services?
Capital Asset Advisory Services’ main office is at 148 E Grand River Ave., Williamston, MI 48895. Its phone number is 517-339-7662. Its website is cgadvisornetwork.com.