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Capital Bank and Trust Company Review

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This review was produced by SmartAsset based on publicly available information. The named firm and its financial professionals have not reviewed, approved, or endorsed this review and are not responsible for its accuracy. Review content is produced by SmartAsset independently of any business relationships that might exist between SmartAsset and the named firm and its financial professionals, and firms and financial professionals having business relationships with SmartAsset receive no special treatment or consideration in SmartAsset’s reviews. This page contains links to SmartAsset’s financial advisor matching tool, which may or may not match you with the firm mentioned in this review or its financial professionals.

One distinctive feature of Capital Bank and Trust Company (CB&T) is that it only offers a limited selection of services to institutional accounts. This Irvine, California-based firm doesn’t currently advise any individual accounts. If you're in search of a firm that does, our free financial advisor matching tool can help.

CB&T currently has billions in assets under management (AUM) for a fairly large client base. Pooled investment vehicles, pensions and profit-sharing plans comprise the vast majority of client assets the firm manages. 

Capital Bank and Trust Company Background

CB&T was established in 2000 as a wholly owned subsidiary of The Capital Group Companies, Inc. The firm was formed as a federal savings bank, but it mainly operates as a registered investment advisor (RIA).

CB&T specializes in an array of advisory services for institutional investors and retail investors.

Capital Bank and Trust Company Client Types and Minimum Account Sizes 

CB&T advises employer-sponsored retirement plans and individual retirement accounts invested in registered investment companies. 

While the firm does not impose a minimum account size, clients invested in CB&T’s Commingled Funds may be subject to account minimums if they don’t have an account with Capital Group Private Client Services. 

Services Offered by Capital Bank and Trust Company

CB&T mainly offers directed trustee services and custodial services to employer-sponsored retirement plans and individual retirement accounts invested in registered investment companies. The firm also provides investment management and related services to other institutional clients.

Capital Bank and Trust Company Investment Philosophy 

CB&T says on its firm brochure that its investment approach consists of rigorous fundamental research and market analysis. The firm also believes that investment decisions should’t be made lightly and that long-term investing generates better investment results. 

CB&T offers equity, fixed-income, balanced and other customized investment strategies that utilize companies both in and outside of the U.S.

Capital Bank and Trust Company Fees

CB&T does not disclose its fee structure in its firm brochure. 

What to Watch Out For

Capital Bank doesn’t have any disclosures or disciplinary actions listed on its Form ADV. This means that the firm’s record is completely clear of any criminal, regulatory or civil judicial action disclosures. 

However, it should be noted that sales and marketing officials may earn direct or indirect compensation from the services the firm provides. Another caveat is that, in some instances, Capital Bank and its affiliates may receive performance-based fees.

Both of these fee arrangements can create a conflict of interest if advisors favor products that neglect a client’s best interest. But Capital Bank says it abides by a fiduciary duty.

Opening an Account with Capital Bank and Trust Company 

You can set up an appointment with a CB&T advisor by visiting any of the firm’s offices or by contacting the firm at (949) 975-5000.

All information was accurate as of the writing of this article.

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How Long $1 Million Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
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Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We weighed potential expenditures for a prospective retiree with a  $1 million nest egg to assess how many years that fund would cover in retirement in America’s largest cities.

We applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in metro areas across the U.S.

We assumed the $1 million would grow at a net annual return of 2% after inflation. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.