CapSouth Partners 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 101–250 clients last fiscal year.
CapSouth Partners reports 373 clients. They include 209 individual clients, 121 high-net-worth individuals, and 31 pension and profit-sharing plans. Of its assets, 43.7% ($437M across 1,199 accounts) are managed with discretion; $564M across 221 accounts are not. It advised 11 clients without assets under management last fiscal year.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 56% | 8% |
| High-net-worth individuals | 32% | 35% |
| Pension and profit-sharing plans | 8% | 54% |
| Charitable organizations | 1% | <1% |
| Corporations and other businesses | 2% | 3% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 209 | $83.5M | 8.3% | $399K |
| High-net-worth individuals | 121 | $354M | 35.3% | $2.92M |
| Pension and profit-sharing plans | 31 | $537M | 53.6% | $17.3M |
| Charitable organizations | 5 | $2.23M | 0.2% | $446K |
| Corporations and other businesses | 7 | $25.3M | 2.5% | $3.61M |
| Total | 373 | $1B | 100% | $2.68M |
- Clients
- 209
- Regulatory AUM
- $83.5M
- AUM share
- 8.3%
- Avg. per client
- $399K
- Clients
- 121
- Regulatory AUM
- $354M
- AUM share
- 35.3%
- Avg. per client
- $2.92M
- Clients
- 31
- Regulatory AUM
- $537M
- AUM share
- 53.6%
- Avg. per client
- $17.3M
- Clients
- 5
- Regulatory AUM
- $2.23M
- AUM share
- 0.2%
- Avg. per client
- $446K
- Clients
- 7
- Regulatory AUM
- $25.3M
- AUM share
- 2.5%
- Avg. per client
- $3.61M
Total
- Clients
- 373
- Regulatory AUM
- $1B
- AUM share
- 100%
- Avg. per client
- $2.68M
- Clients outside the U.S.
- 0%
- Clients advised without assets under management last fiscal year
- 11
- Private funds advised
- 0
- Financial planning clients last fiscal year
- 101–250
CapSouth Partners is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and other compensation; its fees and minimums are set out in its brochures on the SEC website.
Donald Bolden owns 50% to 75% of CapSouth Partners. The leadership team of CapSouth Partners includes President Jennifer Fensley. It has 22 employees, 13 of them in advisory roles.
Staff
- 22 employees
- 13 in advisory functions
- 13 state-registered reps
- 5 insurance agents
- Owns 50% to 75% of Capsouth Partners, Inc.
Donald Bolden
Control person · since March 2002
- Owns 10% to 25% of Capsouth Partners, Inc.
Marshall Bolden
Control person · since January 2025
- Owns 5% to 10% of Capsouth Partners, Inc.
Anthony McCallister
since October 2019
- Owns 5% to 10% of Capsouth Partners, Inc.
Jennifer Fensley
Control person · since January 2025
CapSouth Partners’ regulatory assets grew 1.6× from $644M (March 2021) to $1B (March 2026); clients were 373 in both filings and employees were 22 in both filings.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Mar 2026March 2026 | $1B | 373 | 22 | 5 |
| Mar 2025March 2025 | $884M | 383 | 21 | 6 |
| Mar 2024March 2024 | $763M | 401 | 21 | 6 |
| Jun 2023June 2023 | $661M | 421 | 22 | 6 |
| Mar 2022March 2022 | $759M | 416 | 22 | 5 |
| Mar 2021March 2021 | $644M | 392 | 21 | 5 |
Besides its headquarters, CapSouth Partners has 4 offices, with 5 listed addresses across 3 states.
Alabama · 2 listed addresses
- 2216 W. Main Street, DothanHQ
- 1750 West Main Street, Dothan
Georgia · 2 listed addresses
- 1200 Keys Ferry Court, McDonough
- 1100 Peachtree St Ne, Atlanta
North Carolina · 1 listed address
- 8936 Northpointe Executive Park DR, Huntersville
Contact and registration details
- Legal name
- Capsouth Partners, Inc.
- Headquarters
- 2216 W. Main Street, Dothan, AL 36301
- Website
- capsouthwm.com
- Phone
- 334-673-8600
- @capsouth-partners
- SEC file
- 801-63509
- Structure
- Alabama corporation
- Fiscal year end
- December
CapSouth Partners’ named custodians for separately managed accounts are Charles Schwab ($480M, 51%), Principal Trust ($269M, 28%) and Empower ($200M, 21%). CapSouth Partners does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · San Francisco, CA · $480M51%
- Principal TrustPrincipal Trust Company · Wilmington, DE · $269M28%
- EmpowerEmpower Trust Company LLC · Greenwood Village, CO · $200M21%
At year end, CapSouth Partners’ separately managed accounts were mostly in funds (85%) and stocks (11%).
What the accounts hold
- Stocks11%
- Funds85%
- Registered funds83%
- Pooled vehicles2%
- Bonds1%
- Cash2%
- Other1%
- Derivatives1%
How many clients does CapSouth Partners have?
CapSouth Partners has 373 clients and manages $1 billion for them, as of March 2026. They include 209 individual clients, 121 high-net-worth individuals, and 31 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 25 March 2026
What services does CapSouth Partners offer?
CapSouth Partners 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 CapSouth Partners use?
CapSouth Partners’ separately managed account assets are held at Charles Schwab & Co., Inc. (San Francisco, CA), with $480M, Principal Trust Company (Wilmington, DE), with $269M and Empower Trust Company LLC (Greenwood Village, CO), with $200M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 25 March 2026
How many financial advisors does CapSouth Partners have?
CapSouth Partners has 13 investment adviser representatives registered with state securities authorities, out of 22 employees, and 13 perform investment advisory functions. 0 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
What does CapSouth Partners invest in?
At the end of its last fiscal year, CapSouth Partners’ separately managed accounts held 83% registered funds (mutual funds, ETFs, BDCs), 11% exchange-traded equities, 2% pooled vehicles (private funds and similar), 2% cash and equivalents, 1% U.S. government and agency bonds and 1% derivatives.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns CapSouth Partners?
CapSouth Partners’ direct owners are Donald Bolden (50% to 75%), Marshall Bolden (10% to 25%), Anthony McCallister (5% to 10%) and Jennifer Fensley (5% to 10%).
Source: Form ADV Part 1A, Schedules A and B, filed 25 March 2026
How does CapSouth Partners get paid?
CapSouth Partners is paid through a percentage of assets under management, hourly charges, fixed fees and other compensation. 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
How do I contact CapSouth Partners?
CapSouth Partners’ main office is at 2216 W. Main Street, Dothan, AL 36301. Its phone number is 334-673-8600. Its website is capsouthwm.com.