The Capital Advisory Group Advisory Services, LLC

CRD#140551
Investment Advisor Firm

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Overview

The Capital Advisory Group Advisory Services, LLC operates as an advisory firm located in Minneapolis, Minnesota. The firm controls $379.6 million in assets over 1,812 customer accounts, placing it among the larger firms in the country by assets under management (AUM). The firm has a small team of eight employees, all of whom are financial advisors. The Capital Advisory Group Advisory Services, LLC does not act as a registered broker-dealer, meaning the firm cannot buy and sell securities for its customers' and own accounts and instead is required to go through a broker-dealer firm to do so. Securities are defined as exchangable financial assets like equities, bonds and options.

The Capital Advisory Group Advisory Services, LLC manages the majority of its accounts in a discretionary manner. Discretionary management means that transaction decisions for the client's account are made by an investment advisor without requiring the client's approval. It also oversees 37 non-discretionary accounts totaling $105.7 million in assets under management. The firm manages an average of $209,489 for each client account. An average financial advisor at The Capital Advisory Group Advisory Services, LLC manages around 227 client accounts.

The company's main office is located at 5270 West 84Th Street, Minneapolis, Minnesota 55437. The firm is legally permitted to provide services to investors across 13 U.S. states and territories.

Number of Advisors

8

Disclosures

No

Office Location

5270 West 84Th Street
Minneapolis, MN 55437

The Capital Advisory Group Advisory Services, LLC by the Numbers

Total Number of Employees

8

National Average: 4,943
Total Number of Accounts

1,812

National Average: 2,522
Average Account Size

$209.5 thousand

National Average: $1.3 million

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Products and Services

The Capital Advisory Group Advisory Services, LLC provides multiple financial services, which can consist of financial planning services, portfolio management for individuals and small businesses, portfolio management for institutional clients and pension consulting services. In the past fiscal year, the company provided financial planning services to 823 of its accounts. The Capital Advisory Group Advisory Services, LLC is not engaged in selling products or offering services other than investment advice to its investment advisory clients. The Capital Advisory Group Advisory Services, LLC is affiliated with one or more other companies in the financial services industry, including with an accountant or accounting firm and insurance company or agency.

Core Advisor Services

  • Offered by 45% of firms

    Financial Planning Services

    This is the process of planning for your financial future, including for events such as retirement, your child's college education or estate succession.

  • Offered by 63% of firms

    Portfolio Management

    This is the selection and management of an investment mix and portfolio strategy for individuals and small businesses.

  • Find a firm that offers this service

    Market Timing Services

    This is the practice of attempting to make short-term profits on investments by buying low and selling high.

Other Services

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Fee Structure

Financial management fees largely vary depending on the type of financial services offered. However, fee types billed by the company can consist of some combination of the following fee structures: asset-based, hourly or fixed. The company does not participate in a wrap fee program, in which the firm offers a service bundle for a comprehensive fee.

Available

  • Offered by 75% of firms

    Percentage of Assets

    Show Explanation

    This fee, which is the most common fee type charged by advisors for portfolio management, is based on the amount of assets you have under management. Also referred to as an asset-based fee, this fee typically ranges from 0.50%-2.00% of AUM annually. You'll typically pay a lower rate the more assets you have under management.

  • Offered by 37% of firms

    Hourly

    Show Explanation

    Like a lawyer, a financial advisor may charge you by the hour. This can be helpful if you are only looking for short-term or one-time advice. Rates typically range from $100-$300 per hour, depending on the complexity and level of services needed.

  • Offered by 40% of firms

    Fixed

    Show Explanation

    Fixed fees are a one-time, lump sum charged for a specific service, like the creation of a financial plan without subsequent implementation. This can be useful if you only need advice for one specific purpose, rather than a long-term advisor. Fixed fees usually range from $1,000 to $3,000.

Unavailable

  • Find one of the 3% of firms that offer this fee type

    Commissions

    Show Explanation

    Occasionally, advisors earn commissions from selling financial products, such as securities or insurance policies, or making certain referrals or transactions. Advisors who earn commissions may be incentivized to make certain recommendations to clients in order to make a commission. Fee-only advisors do not earn commissions, while fee-based advisors may.

  • Find one of the 17% of firms that offer this fee type

    Performance-based

    Show Explanation

    Advisors only earn performance-based fees if a portfolio outperforms a defined benchmark. This fee may be calculated in a number of ways but most commonly is charged as a percentage of investment profits. Performance-based fees may incentivize advisors to make riskier decisions in order to generate higher returns.

  • Find one of the 1% of firms that offer this fee type

    Subscription

    Show Explanation

    Firms generally charge this fee for educational materials provided, such as a monthly magazine. This can be useful if you want to learn about investing or financial management on your own.

  • Find one of the 12% of firms that offer this fee type

    Other

    Show Explanation

    Firms can sometimes charge customers using non-traditional fee structures. See this firm's Form ADV for more details.

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Types of Clients

The Capital Advisory Group Advisory Services, LLC works with retail investors, high net worth investors and pension plans. Out of its 1,812 customers, The Capital Advisory Group Advisory Services, LLC's largest client by number of accounts is retail investors, though it also serves 63 high-net-worth individuals. A high-net-worth individual is defined by the SEC as an individual who has at least $750,000 under management or a net worth of at least $1.50 million or who is deemed a "qualified purchaser" (a standard met by having at least $5 million in investments). None of the company's customers are represented by people from outside of the U.S.

  • High-Net-Worth Individuals* - 7.33%
  • Other Individuals - 88.37%
  • Corporations - 4.3%
  • Charitable Organizations - 0%

* The U.S. Securities and Exchange Commission (SEC) defines a high-net-worth individual as someone who has at least $750,000 under management.

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Disclosures

The Capital Advisory Group Advisory Services, LLC does not have any disclosures.

Please visit its Form ADV for more details.

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Financial Advisors at The Capital Advisory Group Advisory Services, LLC

Roger Anderson
Minneapolis, MN
Richard Cella
Danvers, MA

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This content was compiled from the SEC and FINRA