{"url":"https://nivawealth.com/firms/capital-investment-advisors-118269","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/118269","regulatoryAum":373620678,"crd":"118269","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"6253300","suffix":null,"lastName":"BRINKMAN","firstName":"ROBERT","middleName":"JOSEPH"},{"crd":"1150948","suffix":null,"lastName":"GIROUARD","firstName":"JOHN","middleName":"EDWARD"},{"crd":"6664178","suffix":null,"lastName":"Johnson","firstName":"Patrick","middleName":null},{"crd":"2861149","suffix":null,"lastName":"OPALSKI","firstName":"MARJORIE","middleName":"ANN"},{"crd":"4743109","suffix":null,"lastName":"OPALSKI","firstName":"MICHAEL","middleName":"JOZEF"},{"crd":"3182378","suffix":null,"lastName":"Thompson","firstName":"Dionne","middleName":"Cornelius"}],"total":6,"loadedAt":"2026-10-10T00:20:19.761928+00:00","sourceUrl":"https://reports.adviserinfo.sec.gov/reports/CompilationReports/IA_INDVL_Feed_10_09_2026.xml.zip"},"history":[{"filedOn":"2021-06-23","regulatoryAum":232380671,"clients":485,"employees":14,"offices":2},{"filedOn":"2022-03-18","regulatoryAum":311878481,"clients":602,"employees":12,"offices":2},{"filedOn":"2022-09-30","regulatoryAum":283719362,"clients":615,"employees":16,"offices":2},{"filedOn":"2024-04-02","regulatoryAum":311979712,"clients":627,"employees":13,"offices":2},{"filedOn":"2025-06-18","regulatoryAum":378205884,"clients":594,"employees":11,"offices":2},{"filedOn":"2026-06-11","regulatoryAum":302256086,"clients":427,"employees":11,"offices":2},{"filedOn":"2026-09-28","regulatoryAum":373620678,"clients":437,"employees":11,"offices":2}],"secFileNumber":"801-110008","legalName":"Capital Investment Advisors, Inc.","displayName":"Capital Investment Advisors","slug":"capital-investment-advisors-118269","website":"https://yourwealth.com/","classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"District of Columbia corporation","fiscalYearEnd":"June","headquarters":{"street":"1028 33rd Street NW, Ste 220","city":"Washington D.C.","state":"DC","stateName":"District of Columbia","country":"United States","postalCode":"20007"},"tradeNames":["Capital Asset Management Group, Inc.","Innovative Investing","Institute for Financial Independence"],"registration":{"secApproved":"27 February 2017","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":832705.191588785,"staff":{"employees":11,"advisory":5,"brokerDealerReps":4,"insuranceAgents":4,"promoters":0},"aum":{"regulatory":373620678,"discretionary":350494799,"discretionaryAccounts":1567,"nonDiscretionary":23125879,"nonDiscretionaryAccounts":73,"wrapProgram":0,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":321,"regulatoryAum":120296631},{"label":"High-net-worth individuals","clients":107,"regulatoryAum":236101191},{"label":"Pension and profit-sharing plans","clients":6,"regulatoryAum":9028737},{"label":"Charitable organizations","clients":1,"regulatoryAum":7931243},{"label":"Corporations and other businesses","clients":2,"regulatoryAum":262876}],"feePrograms":[{"role":"other","program":"Consultation and analyses","summary":"Negotiated, generally $500 an hour for a firm principal, $350 for a firm manager, $200 for a senior associate and $150 for an associate.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1059275","versionId":1059275,"submittedOn":"2026-09-28","documentName":"CIA FORM ADV 2A FIRM BROCHURE"},{"role":"other","program":"Financial planning (Early, Mid and Established Career)","summary":"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.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1059275","versionId":1059275,"submittedOn":"2026-09-28","documentName":"CIA FORM ADV 2A FIRM BROCHURE"},{"role":"other","program":"Standalone financial planning","summary":"A one-time standalone financial planning program is charged between $500 and $5,000 depending on the complexity of the plan.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1059275","versionId":1059275,"submittedOn":"2026-09-28","documentName":"CIA FORM ADV 2A FIRM BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed_no_numerical_schedule","checkedAt":"2026-10-22T08:42:07.069829+00:00","documents":[{"name":"CIA FORM ADV 2A FIRM BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1059275","versionId":1059275,"submittedOn":"2026-09-28"}]},"custodians":[{"name":"Pershing Advisor Solutions LLC","shortName":"Pershing","location":"Jersey City, NJ","smaAssets":124670000},{"name":"Assetmark Brokerage, LLC","shortName":"Assetmark Brokerage","location":"Lynchburg, VA","smaAssets":242390000}],"custodyNote":"Capital Investment Advisors does not have custody of client assets.","leadership":[{"name":"John Girouard","title":"President, CEO, CCO","crd":"1150948"},{"name":"Colleen Girouard","title":"Secretary & Treasurer","crd":"4487545"},{"name":"Richard Weinberg","title":"EVP and Financial Transition Advisor","crd":"4487549"}],"ownership":[{"label":"Capital Asset Management Group, Inc.","detail":"Owner in the 75% or more ownership band and a control person, since May 2018."},{"label":"John Girouard","detail":"Indirect owner: a owner of Capital Asset Management Group, Inc. in the 75% or more band and a control person, since March 1998.","parent":"Capital Asset Management Group, Inc."}],"filedOffices":{"otherThanPrincipal":1,"privateResidences":1},"listedOfficeAddresses":1,"foreignOffices":[],"officesByState":[{"state":"District of Columbia","offices":1,"addresses":[{"street":"1028 33rd Street NW, Ste 220","city":"Washington D.C.","headquarters":true}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"240-482-4000","stateRegisteredReps":4,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)"],"activities":["Financial planning services","Portfolio management for individuals and/or small businesses","Pension consulting services","Selection of other advisers (including private fund managers)"],"financialPlanningClients":"101-250","assetMix":[{"label":"Exchange-traded equity securities","percent":55},{"label":"U.S. government/agency bonds","percent":1},{"label":"U.S. state and local bonds","percent":1},{"label":"Investment grade corporate bonds","percent":3},{"label":"Securities issued by registered investment companies or business development companies","percent":37},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"28 September 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/118269/PDF/118269.pdf","brochureDate":"28 September 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1059275","iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","updatedOn":"2026-10-22","holdingsUpdatedOn":"2026-10-21","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Capital Investment Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Capital Investment Advisors offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Capital Investment Advisors use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Capital Investment Advisors have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Capital Investment Advisors invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Capital Investment Advisors?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Capital Investment Advisors get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Is Capital Investment Advisors registered with the SEC?","answer":"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","sourceRef":{"doc":"adv1","section":"identity"}},{"question":"How do I contact Capital Investment Advisors?","answer":"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.","source":"Form ADV Part 1A, Item 1.F, filed 28 September 2026","sourceRef":{"doc":"adv1","section":"offices"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}