{"url":"https://nivawealth.com/firms/capstone-wealth-advisors-287670","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/287670","regulatoryAum":102375746,"crd":"287670","adviserRoster":{"asOf":"2026-10-09","items":[{"crd":"4169694","suffix":null,"lastName":"NORTON","firstName":"ROBERT","middleName":"TELFORD"},{"crd":"8148445","suffix":null,"lastName":"Wihtol","firstName":"Jacob","middleName":"Arrowsmith"}],"total":2,"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":"2021-03-26","regulatoryAum":568057190,"clients":1212,"employees":9,"offices":3},{"filedOn":"2022-03-30","regulatoryAum":672225746,"clients":1359,"employees":9,"offices":4},{"filedOn":"2023-05-24","regulatoryAum":652418704,"clients":1380,"employees":11,"offices":4},{"filedOn":"2024-03-11","regulatoryAum":720909582,"clients":1409,"employees":11,"offices":4},{"filedOn":"2025-07-29","regulatoryAum":230420266,"clients":321,"employees":4,"offices":2},{"filedOn":"2026-03-31","regulatoryAum":102375746,"clients":125,"employees":3,"offices":2}],"secFileNumber":"801-110036","legalName":"Capstone Wealth Advisors, LLC","displayName":"Capstone Wealth Advisors","slug":"capstone-wealth-advisors-287670","website":"https://capstonewealthadvisors.com/","logo":{"src":"https://rmkhnxnbeclogprvkfyl.supabase.co/storage/v1/object/public/firm-logos/287670/eb9e33d683229fd3-r1.webp","tone":"light","width":1084,"height":200,"sourceUrl":"https://www.capstonewealthadvisors.com/","sourceLabel":"Capstone Wealth Advisors, LLC, website"},"classification":{"segment":"individuals","segmentLabel":"Wealth management","type":"independent_wealth_manager","typeLabel":"RIA","feeDisclosure":"full"},"founded":null,"organization":"Oregon limited liability company","fiscalYearEnd":"December","headquarters":{"street":"388 State Street, Suite 700","city":"Salem","state":"OR","stateName":"Oregon","country":"United States","postalCode":"97301"},"tradeNames":[],"registration":{"secApproved":"27 February 2017","noticeFilings":null,"latestNoticeFiling":null},"wealthAumPerClient":819005.968,"staff":{"employees":3,"advisory":2,"brokerDealerReps":0,"insuranceAgents":0,"promoters":0},"aum":{"regulatory":102375746,"discretionary":102375746,"discretionaryAccounts":422,"nonDiscretionary":0,"nonDiscretionaryAccounts":0,"wrapProgram":null,"nonUsClientsPct":0,"nonAumClients":0},"clientTypes":[{"label":"Individuals (other than HNW)","clients":93,"regulatoryAum":27387097},{"label":"High-net-worth individuals","clients":32,"regulatoryAum":74988649}],"feePrograms":[{"role":"main","program":"Portfolio management fee","feeBasis":"range","fee_tiers":null,"sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036473","versionId":1036473,"ratePeriod":"annual","fee_billing":"advance","submittedOn":"2026-03-31","documentName":"FORM ADV 2A BROCHURE","fee_rate_low":0.1,"fee_rate_high":1.5,"fee_negotiable":null,"minimum_account":null,"feeMinimumPeriod":null,"fee_minimum_annual":null},{"role":"other","program":"Financial planning and consulting","summary":"Hourly consulting or financial planning rates range from $100 to $750 per hour; fixed fee projects are estimated at $500 to $10,000.","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036473","versionId":1036473,"submittedOn":"2026-03-31","documentName":"FORM ADV 2A BROCHURE"}],"brochureCoverage":{"scope":"sec_inventory","status":"reviewed","checkedAt":"2026-10-22T15:42:35.042927+00:00","documents":[{"name":"FORM ADV 2A BROCHURE","status":"read","sourceUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036473","versionId":1036473,"submittedOn":"2026-03-31"}]},"custodians":[{"name":"Charles Schwab & Co., Inc.","shortName":"Charles Schwab","location":"Westlake, TX","smaAssets":12702156},{"name":"Altruist Financial LLC","shortName":"Altruist","location":"Dallas, TX","smaAssets":77148276},{"name":"Bluerock Real Estate Holdings, LLC","shortName":"Bluerock Real Estate Holdings","location":"New York, NY","smaAssets":12525314}],"custodyNote":"Capstone Wealth Advisors does not have custody of client assets.","otherCustodians":[],"leadership":[{"name":"Robert Norton","title":"Chief Compliance Officer","crd":"4169694"}],"ownership":[{"label":"Robert Norton","detail":"Chief compliance officer in the 50% to 75% ownership band and a control person, since February 2017."}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":1,"privateResidences":0},"listedOfficeAddresses":2,"foreignOffices":[],"officesByState":[{"state":"Oregon","offices":1,"addresses":[{"street":"388 State Street, Suite 700","city":"Salem","headquarters":true}]},{"state":"Washington","offices":1,"addresses":[{"street":"950 Broadway","city":"Tacoma"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"503-967-1980","stateRegisteredReps":2,"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"],"financialPlanningClients":"0","assetMix":[{"label":"Exchange-traded equity securities","percent":2},{"label":"Securities issued by registered investment companies or business development companies","percent":87},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":8},{"label":"Cash and cash equivalents","percent":3}],"privateFunds":0},"sources":{"adv1FilingDate":"31 March 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/287670/PDF/287670.pdf","brochureDate":"31 March 2026","brochureUrl":"https://files.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=1036473","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 Capstone Wealth Advisors have?","answer":"Capstone Wealth Advisors has 125 clients and manages $102 million for them, as of March 2026. They include 93 individual clients and 32 high-net-worth individuals.","source":"Form ADV Part 1A, Items 5.D and 5.F, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Capstone Wealth Advisors offer?","answer":"Capstone Wealth Advisors 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"How much does Capstone Wealth Advisors charge?","answer":"Capstone Wealth Advisors charges 0.10%–1.50% a year for its Portfolio management fee. The fee is billed in advance.","source":"FORM ADV 2A BROCHURE, filed 31 March 2026","sourceRef":{"doc":"brochure","section":"fees"}},{"question":"Which custodians does Capstone Wealth Advisors use?","answer":"Capstone Wealth Advisors’ separately managed account assets are held at Altruist Financial LLC (Dallas, TX), with $77.1M, Charles Schwab & Co., Inc. (Westlake, TX), with $12.7M and Bluerock Real Estate Holdings, LLC (New York, NY), with $12.5M. Only custodians holding at least a tenth of those assets are named.","source":"Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 31 March 2026","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Capstone Wealth Advisors have?","answer":"Capstone Wealth Advisors 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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Capstone Wealth Advisors invest in?","answer":"At the end of its last fiscal year, Capstone Wealth Advisors’ separately managed accounts held 87% registered funds (mutual funds, ETFs, BDCs), 8% pooled vehicles (private funds and similar), 3% cash and equivalents and 2% exchange-traded equities.","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 Capstone Wealth Advisors?","answer":"Capstone Wealth Advisors’ direct owner is Robert Norton (50% to 75%).","source":"Form ADV Part 1A, Schedules A and B, filed 31 March 2026","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Capstone Wealth Advisors get paid?","answer":"Capstone Wealth 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":"How do I contact Capstone Wealth Advisors?","answer":"Capstone Wealth Advisors’ main office is at 388 State Street, Suite 700, Salem, OR 97301. Its phone number is 503-967-1980. Its website is capstonewealthadvisors.com.","source":"Form ADV Part 1A, Item 1.F, filed 31 March 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."}