Capitol Financial Consultants, Inc. (Mclean)

Name: Capitol Financial Consultants, Inc.
Address: 8180 Greensboro Drive, Mclean, VA, 22102
Telephone: 703-821-2000

Capitol Financial Consultants, Inc. is a large advisory firm based in Mclean. It manages $106.86 million of regulatory assets for 260 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Maryland and Virginia.

Capitol Financial Consultants provides financial planning services and portfolio management for individuals and small businesses. It prepares financial plans for more than 25 clients. On top of advisory services, the firm doesn't engage in other business activities.

Capitol Financial Consultants: assets under management

The assets under management (AUM) of Capitol Financial Consultants, Inc. is $106.86 million. The firm's AUM has grown by 146% since the beginning of its operation, and $284.55 thousand of the total AUM is attributable to clients outside of the United States.

The firm manages $101.71 million in discretionary accounts and $5.15 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $462.31 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $128.77 thousand.

Investments

The firm invests in investment and business development companies the most. They account for 82% of the total AUM. The second-largest asset type is exchange traded securities, which make up 13% of the firm’s portfolio. Investments in cash and cash equivalents form 4% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Capitol Financial Consultants, Inc. for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Joel Elliott Stillman serves?

The firm provides services to individuals and high net worth individuals. The largest group of clients of Joel Elliott Stillman is high net worth individuals with 43 clients and $101.98 million of assets under management. Among the 9 most similar advisory firms, Capitol Financial Consultants has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $106.86 million for 83 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 2% of the firm’s clients are foreign persons or businesses.

Capitol Financial Consultants doesn't advise any private funds.

Careers at Capitol Financial Consultants, Inc.

The company employs 3 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone 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 don’t receive compensation from other entities for client referrals.

Joel Elliott Stillman has been acting as President since 1 Dec 1987. Stephen Rehm Nohowel joined the executive team most recently as the Director/Treasurer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Joel Elliott Stillman	Director/president/chief compliance officer	1 Dec 1987	50% - 75%	1066690
Timothy Edward Strait	Director/v.p./secretary	1 Jan 1991	25% - 50%	1442335
Stephen Rehm Nohowel	Director/treasurer	1 Jan 1992	25% - 50%	1491082

Based in Mclean

The principal office where Capitol Financial Consultants, Inc. performs its advisory services is located at 8180 Greensboro Drive, Mclean, VA 22102, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 703-821-2000 or by fax 703-821-2007. The normal business hours are 9:00am to 5:00pm on Monday - Friday. You can find more information about the New York firm at capfin.net/.