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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