{"url":"https://nivawealth.com/firms/capital-wealth-management-157959","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/157959","regulatoryAum":1137135987,"crd":"157959","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"2274434","suffix":null,"lastName":"ALOFSIN","firstName":"PETER","middleName":"JAMES"},{"crd":"2709324","suffix":null,"lastName":"CASERTA","firstName":"CURT","middleName":"A"},{"crd":"2376082","suffix":"JR.","lastName":"DOOLEY","firstName":"LAWRENCE","middleName":"FRANCIS"},{"crd":"7161505","suffix":null,"lastName":"DUCKWORTH","firstName":"JAMESON","middleName":"CHARLES"},{"crd":"2097591","suffix":null,"lastName":"DUCKWORTH","firstName":"LEE","middleName":"ALAN"},{"crd":"7661401","suffix":null,"lastName":"DUCKWORTH","firstName":"TYLER","middleName":"CURRIE"},{"crd":"2785407","suffix":null,"lastName":"GLATZ","firstName":"BRIAN","middleName":"ANDREW"},{"crd":"8136356","suffix":null,"lastName":"JEDSON","firstName":"SHANE","middleName":"M"},{"crd":"8084151","suffix":null,"lastName":"MARCOUX","firstName":"GARRETT","middleName":"JOSEPH"},{"crd":"6692618","suffix":null,"lastName":"PERREAULT","firstName":"MICHAEL","middleName":"G."},{"crd":"4844757","suffix":null,"lastName":"POIRIER","firstName":"BERNARD","middleName":"ALLAN"},{"crd":"1362050","suffix":null,"lastName":"SPEIGHTS","firstName":"JAMES","middleName":"BOYD"}],"total":12,"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":"2021-03-18","regulatoryAum":649672606,"clients":548,"employees":20,"offices":3},{"filedOn":"2022-03-27","regulatoryAum":764545042,"clients":533,"employees":16,"offices":2},{"filedOn":"2023-04-06","regulatoryAum":772494203,"clients":549,"employees":17,"offices":2},{"filedOn":"2024-03-18","regulatoryAum":858037632,"clients":599,"employees":17,"offices":2},{"filedOn":"2025-07-24","regulatoryAum":1001028285,"clients":628,"employees":17,"offices":1},{"filedOn":"2026-07-08","regulatoryAum":1137135987,"clients":655,"employees":16,"offices":1}],"secFileNumber":"801-76539","legalName":"Capital 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a year, or a fixed annual fee typically $20,000, negotiable.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051016","versionId":1051016,"submittedOn":"2026-07-08","documentName":"07 08 2026 CWM FORM ADV PART 2A AND 2B FINAL"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T04:55:34.333464+00:00","documents":[{"name":"07 08 2026 CWM FORM ADV PART 2A AND 2B FINAL","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1051016","versionId":1051016,"submittedOn":"2026-07-08"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"San Francisco, CA","smaAssets":846092018},{"name":"Ascensus Trust Company","shortName":"Ascensus Trust","location":"Dresher, PA","smaAssets":139036007}],"custodyNote":"Capital Wealth Management has custody of $200M for 219 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They include 423 high-net-worth individuals, 180 individual clients, and 52 pension and profit-sharing plans.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 8 July 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Capital Wealth Management offer?","answer":"Capital Wealth Management provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, selecting other managers, and educational seminars.","source":"Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Capital Wealth Management charge?","answer":"Capital Wealth Management charges 0.50%–1.25% a year for its Asset Management Services. The fee is billed in advance, is negotiable and requires an account of at least $750,000.","source":"07 08 2026 CWM FORM ADV PART 2A AND 2B FINAL, filed 8 July 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Capital Wealth Management use?","answer":"Capital Wealth Management’s separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $846M and Ascensus Trust Company (Dresher, PA), with $139M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 8 July 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Capital Wealth Management have?","answer":"Capital Wealth Management has 9 investment adviser representatives registered with state securities authorities, out of 16 employees, and 9 perform investment advisory functions. 6 employees are registered representatives of a broker-dealer and 5 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 Wealth Management invest in?","answer":"At the end of its last fiscal year, Capital Wealth Management’s separately managed accounts held 87% registered funds (mutual funds, ETFs, BDCs), 7% exchange-traded equities, 3% investment grade corporate bonds, 2% cash and equivalents 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":"Does Capital Wealth Management have a minimum investment?","answer":"Yes, Capital Wealth Management’s minimum account size for its Asset Management Services is $750K.","source":"07 08 2026 CWM FORM ADV PART 2A AND 2B FINAL, filed 8 July 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Who owns Capital Wealth Management?","answer":"Capital Wealth Management is owned through a chain of holding companies by Lee Duckworth. Its direct owner is Capital Wealth Holdings, LLC (75% or more).","source":"Form ADV Part 1A, Schedules A and B, filed 8 July 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Capital Wealth Management get paid?","answer":"Capital Wealth Management 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How do I contact Capital Wealth Management?","answer":"Capital Wealth Management’s main office is at 1300 Division Road, Suite 203, West Warwick, RI 02893. Its phone number is 401-885-1060. 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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."}