Capital Squared Financial provides financial planning and portfolio management for individuals and small businesses. Financial planning was provided to 11–25 clients last fiscal year.
Capital Squared Financial reports 87 clients. They include 53 high-net-worth individuals and 34 individual clients. Of its assets, 100.0% ($199M across 279 accounts) are managed with discretion. It advised 34 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 39% | 92% |
| High-net-worth individuals | 61% | 8% |
| Charitable organizations | Fewer than 5 | <1% |
Client shares use reported counts. Client types without a reported count are excluded from that total.
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 34 | $183M | 92.3% | $5.39M |
| High-net-worth individuals | 53 | $14.9M | 7.5% | $281K |
| Charitable organizations | Fewer than 5 | $437K | 0.2% | — |
| Total | 87 | $199M | 100% | — |
- Clients
- 34
- Regulatory AUM
- $183M
- AUM share
- 92.3%
- Avg. per client
- $5.39M
- Clients
- 53
- Regulatory AUM
- $14.9M
- AUM share
- 7.5%
- Avg. per client
- $281K
- Clients
- Fewer than 5
- Regulatory AUM
- $437K
- AUM share
- 0.2%
- Avg. per client
- —
Total
- Clients
- 87
- Regulatory AUM
- $199M
- AUM share
- 100%
- Avg. per client
- —
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 34
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 11–25
Capital Squared Financial charges 0.55%–0.75% a year for its Wealth Management Services. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable. The brochure also prices one other service, listed under fee details.
| Asset band | Annual rate |
|---|---|
| $2M–$5M | 0.75% |
| $5M–$10M | 0.65% |
| $10M and above | 0.55% |
Fee details and sources
Other fees
- Project-Based Financial Planning
- Project-based financial planning is a fixed fee of $750 to $6,000 or an hourly fee of $250 to $395, negotiable and set in the advisory agreement.
Aleksandr Seleznev owns 75% or more of Capital Squared Financial. The leadership team of Capital Squared Financial includes President Aleksandr Seleznev and Chief Investment Officer Asitha De Silva. It has 3 employees, 2 of them in advisory roles.
Leadership
Aleksandr SeleznevPresident and Chief Compliance Officer- Asitha De SilvaChief Investment Officer
Investment adviser representatives
2 representatives listed in the SEC register as of 9 October 2026.
Staff
- 3 employees
- 2 in advisory functions
- 2 state-registered reps
- Owns 75% or more of Capital Squared Financial LLC
Aleksandr Seleznev
Control person · since May 2023
- Owns 5% to 10% of Capital Squared Financial LLC
Asitha De Silva
Control person · since April 2024
Capital Squared Financial’s regulatory assets grew 1.6× from $122M (March 2025) to $199M (February 2026); clients rose from 69 to 87 and employees were 3 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | Employees | Offices |
|---|---|---|---|---|
| February 2026 | $199M | 87 | 3 | 1 |
| March 2025 | $122M | 69 | 3 | 1 |
Besides its headquarters, Capital Squared Financial has 0 offices, with 1 listed address in Maryland.
Maryland · 1 listed address
- 1451 Rockville Pike, Suite 250, RockvilleHQ
Contact and registration details
- Legal name
- Capital Squared Financial LLC
- Headquarters
- 1451 Rockville Pike, Suite 250, Rockville, MD 20852
- Website
- Not reported
- Phone
- 240-600-1678
- SEC file
- 801-131530
- Structure
- Maryland LLC
- Fiscal year end
- December
Capital Squared Financial uses Charles Schwab ($198M, 100%) and Interactive Brokers ($937K, 0%) as custodians for its separately managed accounts. Capital Squared Financial does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $198M100%
- Interactive BrokersInteractive Brokers LLC · Greenwich, CT · $937K0%
At year end, Capital Squared Financial’s separately managed accounts were mostly in funds (76%) and stocks (14%). Its reported 13F holdings for the quarter ended 30 June 2026 total $153M across 87 positions; the largest are Schwab Strategic TR (7.5%), Schwab Strategic TR (7.2%) and Schwab Strategic TR (7.0%).
What the accounts hold
- Stocks14%
- Funds76%
- Bonds4%
- Other6%
- Residual holdings including limited cash and cash equivalents, u.s. municipal bonds, and non-exchange-traded equity positions.6%
Reported 13F holdings
- $153M
- Reported 13F value
- 87
- Positions
- 43.2%
- In the 10 largest
- +16.8%
- Value vs. prior quarter
- Schwab Strategic TR · US Lcap VA ETF7.5%
- Schwab Strategic TR · US Lrg Cap ETF7.2%
- Schwab Strategic TR · US Lcap GR ETF7.0%
- Invesco Qqq TR · Unit Ser 16.3%
- Vanguard Index Fds · Growth ETF2.8%
- Apple Inc.2.7%
- Vanguard Index Fds · Large Cap ETF2.7%
- iShares TR · Core S&P Mcp ETF2.6%
- Vanguard Intl Equity Index F · FTSE Europe ETF2.3%
- iShares TR · Core S&P Scp ETF2.1%
Together, the ten largest are 43.2% of reported value.
How many clients does Capital Squared Financial have?
Capital Squared Financial has 87 clients and manages $199 million for them, as of February 2026. They include 53 high-net-worth individuals and 34 individual clients.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 10 February 2026
What services does Capital Squared Financial offer?
Capital Squared Financial provides financial planning and portfolio management for individuals and small businesses.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
How much does Capital Squared Financial charge?
Capital Squared Financial charges 0.55%–0.75% a year for its Wealth Management Services. The whole portfolio is charged at the rate of its band. The fee is billed in advance and is negotiable.
Which custodians does Capital Squared Financial use?
Capital Squared Financial’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $198M and Interactive Brokers LLC (Greenwich, CT), with $937K. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 10 February 2026
How many financial advisors does Capital Squared Financial have?
Capital Squared Financial has 2 investment adviser representatives registered with state securities authorities, out of 3 employees, and 2 perform investment advisory functions. None are registered representatives of a broker-dealer or 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 Squared Financial invest in?
At the end of its last fiscal year, Capital Squared Financial’s separately managed accounts held 76% registered funds (mutual funds, ETFs, BDCs), 14% exchange-traded equities, 6% other and 4% U.S. government and agency bonds. The 6% other category is described as: Residual Holdings Including Limited Cash and Cash Equivalents, U.S. Municipal Bonds, and Non-Exchange-Traded Equity Positions.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Capital Squared Financial?
Capital Squared Financial’s direct owners are Aleksandr Seleznev (75% or more) and Asitha De Silva (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 10 February 2026
How does Capital Squared Financial get paid?
Capital Squared Financial is paid through a percentage of assets under management 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 Squared Financial registered with the SEC?
Yes, Capital Squared Financial has been registered with the SEC as an investment adviser since 27 November 2024. Its CRD number is 326861 and its SEC file number is 801-131530.
Source: Form ADV Part 1A, Item 1, filed 10 February 2026; IAPD firm record
How do I contact Capital Squared Financial?
Capital Squared Financial’s main office is at 1451 Rockville Pike, Suite 250, Rockville, MD 20852. Its phone number is 240-600-1678.