Capital Investment Advisory Services, LLC (Raleigh)

Name: Capital Investment Advisory Services, LLC
Address: 100 E. Six Forks Road, Raleigh, NC, 27609
Telephone: 919-831-2370

Capital Investment Advisory Services, LLC is a large advisory firm based in Raleigh. It manages $639.14 million of regulatory assets for 4,361 client accounts. It has been registered with the SEC as an adviser since 2008 and has operated in the jurisdictions of Alabama, California, Colorado, and 20 other states.

Capital Investment Advisory Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Capital Investment Advisory Services: assets under management

The assets under management (AUM) of Capital Investment Advisory Services, LLC is $639.14 million. The firm's AUM has grown by 659% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $605.8 million in discretionary accounts and $33.34 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $139.78 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.23 million.

Investments

The firm invests in investment and business development companies the most. They account for 42% of the total AUM. The second-largest asset type is non-exchange traded securities, which make up 22% of the firm’s portfolio. Investments in exchange traded securities form 21% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Capital Investment Advisory Services, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Richard King Bryant serves?

The firm provides services to individuals, insurance companies, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Richard King Bryant is individuals with 2,867 clients and $378.96 million of assets under management. Among the 9 most similar advisory firms, Capital Investment Advisory Services has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $639.14 million for 3,109 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Capital Investment Advisory Services doesn't advise any private funds.

Careers at Capital Investment Advisory Services, LLC

The company employs 105 people that are either part- or full-time employees. 57 percent of the employees work as investment advisers or researchers. 103 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Richard King Bryant has been acting as President since 1 Nov 2008. Ryan Anthony Mumy has served as the Chief Investment Officer since 1 Mar 2016. Ltd R. Bryant Family Partners joined the executive team most recently as the Owner.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Ronald Lee King	Chief compliance officer	1 Nov 2008	Other	2530489
Richard King Bryant	President	1 Nov 2008	75% - 100%	1069685
Richard King Bryant	President and treasurer	1 Mar 2014	Other	1069685
Ltd R. Bryant Family Partners	Owner	1 Mar 2014	75% - 100%	56-2006264
Ryan Anthony Mumy	Chief investment officer	1 Mar 2016	Other	4673615

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
R.B.S.B. Family Trust	Owner in r. bryant family partners, ltd	1 Dec 1996	75% - 100%	56-1750124
Richard King Bryant	Partner of r. bryant family partners, ltd.	1 Dec 1996	Other	1069685
Susanne Sadler	Trustee of r.b.s.b. family trust	1 Mar 2014	Other	6313854

Based in Raleigh

The principal office where Capital Investment Advisory Services, LLC performs its advisory services is located at 100 E. Six Forks Road, Raleigh, NC 27609 The mailing address of the firm is P.O. Box 32249, Raleigh, NC 27622. An additional office of the firm is in Syosset, NY. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 919-831-2370 or by fax 919-832-7928. The normal business hours are 9:00 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at capital-invest.com.