Capital Investment Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers. Financial planning was provided to 101–250 clients last fiscal year.
Capital Investment Advisors reports 437 clients. They include 321 individual clients, 107 high-net-worth individuals, and 6 pension and profit-sharing plans. Of its assets, 93.8% ($350M across 1,567 accounts) are managed with discretion; $23.1M across 73 accounts are not.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 73% | 32% |
| High-net-worth individuals | 24% | 63% |
| Pension and profit-sharing plans | 1% | 2% |
| Charitable organizations | <1% | 2% |
| Corporations and other businesses | <1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 321 | $120M | 32.2% | $375K |
| High-net-worth individuals | 107 | $236M | 63.2% | $2.21M |
| Pension and profit-sharing plans | 6 | $9.03M | 2.4% | $1.5M |
| Charitable organizations | 1 | $7.93M | 2.1% | $7.93M |
| Corporations and other businesses | 2 | $263K | 0.1% | $131K |
| Total | 437 | $374M | 100% | $855K |
- Clients
- 321
- Regulatory AUM
- $120M
- AUM share
- 32.2%
- Avg. per client
- $375K
- Clients
- 107
- Regulatory AUM
- $236M
- AUM share
- 63.2%
- Avg. per client
- $2.21M
- Clients
- 6
- Regulatory AUM
- $9.03M
- AUM share
- 2.4%
- Avg. per client
- $1.5M
- Clients
- 1
- Regulatory AUM
- $7.93M
- AUM share
- 2.1%
- Avg. per client
- $7.93M
- Clients
- 2
- Regulatory AUM
- $263K
- AUM share
- 0.1%
- Avg. per client
- $131K
Total
- Clients
- 437
- Regulatory AUM
- $374M
- AUM share
- 100%
- Avg. per client
- $855K
- 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
- 101–250
Capital Investment Advisors is paid through a percentage of assets under management, hourly charges and fixed fees (other than subscription fees). 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
- Consultation and analyses
- Negotiated, generally $500 an hour for a firm principal, $350 for a firm manager, $200 for a senior associate and $150 for an associate.
- Financial planning (Early, Mid and Established Career)
- Early Career: initial plan 1% of salary and annual review 0.5% of salary, each capped at $1,500 with a $500 minimum. Mid Career: $1,500 to $2,500 initial, $500 to $1,750 review. Established: $3,500 to $5,000 initial.
- Standalone financial planning
- A one-time standalone financial planning program is charged between $500 and $5,000 depending on the complexity of the plan.
Capital Asset Management Group, Inc. owns 75% or more of Capital Investment Advisors and is in turn owned by John Girouard (75% or more). The leadership team of Capital Investment Advisors includes President John Girouard. It has 11 employees, 5 of them in advisory roles.
Leadership
- John GirouardPresident, CEO, CCO
- Colleen GirouardSecretary & Treasurer
- Richard WeinbergEVP and Financial Transition Advisor
Investment adviser representatives
6 representatives listed in the SEC register as of 9 October 2026.
- Robert Joseph Brinkman
- John Edward Girouard
- Patrick Johnson
- Marjorie Ann Opalski
- Michael Jozef Opalski
- Dionne Cornelius Thompson
Staff
- 11 employees
- 5 in advisory functions
- 4 state-registered reps
- 4 broker-dealer reps
- 4 insurance agents
- Owns 75% or more of Capital Investment Advisors, Inc.
Capital Asset Management Group, Inc.
Control person · since May 2018
- Owns 75% or more of Capital Asset Management Group, Inc.
John Girouard
Control person · since March 1998
Capital Investment Advisors’ regulatory assets grew 1.6× from $232M (June 2021) to $374M (September 2026); clients fell from 485 to 437 and employees from 14 to 11.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| September 2026 | $374M | 437 | 11 | 2 |
| June 2026 | $302M | 427 | 11 | 2 |
| June 2025 | $378M | 594 | 11 | 2 |
| April 2024 | $312M | 627 | 13 | 2 |
| September 2022 | $284M | 615 | 16 | 2 |
| March 2022 | $312M | 602 | 12 | 2 |
| June 2021 | $232M | 485 | 14 | 2 |
Besides its headquarters, Capital Investment Advisors has 1 office (1 private residence, listed without an address), with 1 listed address in District of Columbia.
District of Columbia · 1 listed address
- 1028 33rd Street NW, Ste 220, Washington D.C.HQ
Other business names
Capital Investment Advisors has reported 3 other business names to the SEC.
- Capital Asset Management Group, Inc.
- Innovative Investing
- Institute for Financial Independence
Contact and registration details
- Legal name
- Capital Investment Advisors, Inc.
- Headquarters
- 1028 33rd Street NW, Ste 220, Washington D.C., DC 20007
- Website
- yourwealth.com
- Phone
- 240-482-4000
- SEC file
- 801-110008
- Structure
- District of Columbia corporation
- Fiscal year end
- June
Capital Investment Advisors uses Assetmark Brokerage ($242M, 66%) and Pershing ($125M, 34%) as custodians for its separately managed accounts. Capital Investment Advisors does not have custody of client assets.
- PershingPershing Advisor Solutions LLC · Jersey City, NJ · $125M34%
- Assetmark BrokerageAssetmark Brokerage, LLC · Lynchburg, VA · $242M66%
At year end, Capital Investment Advisors’ separately managed accounts were mostly in stocks (55%) and funds (37%).
What the accounts hold
- Stocks55%
- Funds37%
- Bonds5%
- Investment grade corporate bonds3%
- U.S. government and agency bonds1%
- State and local bonds1%
- Cash3%
How many clients does Capital Investment Advisors have?
Capital Investment Advisors has 437 clients and manages $374 million for them, as of September 2026. They include 321 individual clients, 107 high-net-worth individuals, and 6 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 28 September 2026
What services does Capital Investment Advisors offer?
Capital Investment Advisors provides financial planning, portfolio management for individuals and small businesses, pension consulting, and selecting other managers.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Capital Investment Advisors use?
Capital Investment Advisors’ separately managed account assets are held at Assetmark Brokerage, LLC (Lynchburg, VA), with $242M and Pershing Advisor Solutions LLC (Jersey City, NJ), with $125M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 28 September 2026
How many financial advisors does Capital Investment Advisors have?
Capital Investment Advisors has 4 investment adviser representatives registered with state securities authorities, out of 11 employees, and 5 perform investment advisory functions. 4 employees are registered representatives of a broker-dealer and 4 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 Investment Advisors invest in?
At the end of its last fiscal year, Capital Investment Advisors’ separately managed accounts held 55% exchange-traded equities, 37% registered funds (mutual funds, ETFs, BDCs), 3% investment grade corporate bonds, 3% cash and equivalents, 1% U.S. government and agency bonds and 1% state and local bonds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Capital Investment Advisors?
Capital Investment Advisors is owned through a holding company by John Girouard. Its direct owner is Capital Asset Management Group, Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 28 September 2026
How does Capital Investment Advisors get paid?
Capital Investment Advisors is paid through a percentage of assets under management, hourly charges and fixed fees. 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
Is Capital Investment Advisors registered with the SEC?
Yes, Capital Investment Advisors has been registered with the SEC as an investment adviser since 27 February 2017. Its CRD number is 118269 and its SEC file number is 801-110008.
Source: Form ADV Part 1A, Item 1, filed 28 September 2026; IAPD firm record
How do I contact Capital Investment Advisors?
Capital Investment Advisors’ main office is at 1028 33rd Street NW, Ste 220, Washington D.C., DC 20007. Its phone number is 240-482-4000. Its website is yourwealth.com.