Capstone Investment Financial Group provides financial planning, portfolio management for individuals and small businesses, and portfolio management for pooled vehicles. Financial planning was provided to 26–50 clients last fiscal year. The firm advises 1 private fund.
Capstone Investment Financial Group reports 392 clients. They include 357 individual clients, 30 high-net-worth individuals and 4 charitable organizations. Of its assets, 97.4% ($170M across 1,009 accounts) are managed with discretion; $4.56M across 6 accounts are not. A wrap fee program the firm both sponsors and manages holds $140M. Of its clients, 1% are outside the U.S.
| Client type | Clients | Assets |
|---|---|---|
| Individuals (other than HNW) | 91% | 52% |
| High-net-worth individuals | 8% | 45% |
| Pooled investment vehicles | <1% | 2% |
| Charitable organizations | 1% | <1% |
Client breakdown and activity details
| Client type | Clients | Regulatory AUM | AUM share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 357 | $90.8M | 52.0% | $254K |
| High-net-worth individuals | 30 | $79M | 45.2% | $2.63M |
| Pooled investment vehicles | 1 | $3.43M | 2.0% | $3.43M |
| Charitable organizations | 4 | $1.42M | 0.8% | $354K |
| Total | 392 | $175M | 100% | $445K |
- Clients
- 357
- Regulatory AUM
- $90.8M
- AUM share
- 52.0%
- Avg. per client
- $254K
- Clients
- 30
- Regulatory AUM
- $79M
- AUM share
- 45.2%
- Avg. per client
- $2.63M
- Clients
- 1
- Regulatory AUM
- $3.43M
- AUM share
- 2.0%
- Avg. per client
- $3.43M
- Clients
- 4
- Regulatory AUM
- $1.42M
- AUM share
- 0.8%
- Avg. per client
- $354K
Total
- Clients
- 392
- Regulatory AUM
- $175M
- AUM share
- 100%
- Avg. per client
- $445K
- Clients outside the U.S.
- 1%
- Clients advised without assets under management last fiscal year
- 0
- Private funds advised
- 1
- Financial planning clients last fiscal year
- 26–50
Capstone Investment Financial Group is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees) and performance-based fees. The reviewed brochures do not disclose an asset-based fee rate. Read the SEC-filed brochure. The brochure also prices one other service, listed under fee details.
Fee details and sources
Other fees
- Financial planning
- Financial planning is billed hourly at $250 an hour, or on a fixed fee: $300 to $3,000 for an initial plan and $99 to $550 a month for ongoing planning.
James Cornehlsen owns 50% to 75% of Capstone Investment Financial Group. James Cornehlsen is CEO; the leadership team includes Chief Compliance Officer Ann Zemann. It has 6 employees, 3 of them in advisory roles.
Staff
- 6 employees
- 3 in advisory functions
- 3 state-registered reps
- 2 soliciting firms
- Owns 50% to 75% of Capstone Investment Financial Group, LLC
James Cornehlsen
Control person · since September 2022
- Owns 10% to 25% of Capstone Investment Financial Group, LLC
Elizabeth Cornehlsen
Control person · since December 2009
- Owns 10% to 25% of Capstone Investment Financial Group, LLC
Ryan Turbyfill
Control person · since September 2022
Capstone Investment Financial Group’s regulatory assets grew 1.7× from $103M (April 2021) to $175M (September 2026); clients rose from 361 to 392 and employees from 5 to 6.
Figures from each annual filing
| Filed | Regulatory AUM | Clients | StaffEmployees | Offices |
|---|---|---|---|---|
| Sep 2026September 2026 | $175M | 392 | 6 | 3 |
| Mar 2025March 2025 | $137M | 387 | 5 | 3 |
| May 2024May 2024 | $137M | 396 | 6 | 4 |
| Mar 2023March 2023 | $109M | 388 | 6 | 4 |
| Jun 2022June 2022 | $119M | 363 | 5 | 4 |
| Apr 2021April 2021 | $103M | 361 | 5 | 4 |
Besides its headquarters, Capstone Investment Financial Group has 2 offices, with 3 listed addresses across 2 states.
Colorado · 2 listed addresses
- 5300 DTC Parkway, Greenwood Village
- 620 N Tejon St., Colorado Springs
New York · 1 listed address
- 115 West Salori Court, WebsterHQ
Contact and registration details
- Legal name
- Capstone Investment Financial Group, LLC
- Headquarters
- 115 West Salori Court, Webster, NY 14580
- Website
- capstoneinvest.com
- Phone
- 719-477-9883
- SEC file
- 801-67699
- Structure
- Colorado LLC
- Fiscal year end
- December
Capstone Investment Financial Group’s named custodian for separately managed accounts is Charles Schwab ($119M). Capstone Investment Financial Group does not have custody of client assets.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $119M100%
At year end, Capstone Investment Financial Group’s separately managed accounts were mostly in stocks (65%) and funds (16%).
What the accounts hold
- Stocks65%
- Exchange-traded equities64%
- Non-exchange-traded equities1%
- Funds16%
- Registered funds14%
- Pooled vehicles2%
- Bonds12%
- U.S. government and agency bonds10%
- State and local bonds1%
- Investment grade corporate bonds1%
- Cash3%
- Other4%
- Longer term cds3%
- Derivatives1%
How many clients does Capstone Investment Financial Group have?
Capstone Investment Financial Group has 392 clients and manages $175 million for them, as of September 2026. They include 357 individual clients, 30 high-net-worth individuals and 4 charitable organizations.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 24 September 2026
What services does Capstone Investment Financial Group offer?
Capstone Investment Financial Group provides financial planning, portfolio management for individuals and small businesses, and portfolio management for pooled vehicles.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Capstone Investment Financial Group use?
Capstone Investment Financial Group’s separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $119M. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 24 September 2026
How many financial advisors does Capstone Investment Financial Group have?
Capstone Investment Financial Group has 3 investment adviser representatives registered with state securities authorities, out of 6 employees, and 3 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 Capstone Investment Financial Group invest in?
At the end of its last fiscal year, Capstone Investment Financial Group’s separately managed accounts held 64% exchange-traded equities, 14% registered funds (mutual funds, ETFs, BDCs), 10% U.S. government and agency bonds, 3% cash and equivalents, 3% other, 2% pooled vehicles (private funds and similar), 1% non-exchange-traded equities, 1% state and local bonds, 1% investment grade corporate bonds and 1% derivatives. The 3% other category is described as: Longer Term CDS. It advises 1 private fund.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Capstone Investment Financial Group?
Capstone Investment Financial Group’s direct owners are James Cornehlsen (50% to 75%), Elizabeth Cornehlsen (10% to 25%) and Ryan Turbyfill (10% to 25%).
Source: Form ADV Part 1A, Schedules A and B, filed 24 September 2026
How does Capstone Investment Financial Group get paid?
Capstone Investment Financial Group is paid through a percentage of assets under management, hourly charges, fixed fees and performance-based fees. Its Form ADV lists no commissions 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 Capstone Investment Financial Group?
Capstone Investment Financial Group’s main office is at 115 West Salori Court, Webster, NY 14580. Its phone number is 719-477-9883. Its website is capstoneinvest.com.
