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Capital Financial Advisory Group 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.

Capital Financial Advisory Group is a wealth management firm headquartered in Apex, North Carolina. This financial advisor doesn’t offer portfolio management services, but it provides financial planning, wealth management and money management services. If you're looking for a firm that offers portfolio management services, consider using SmartAsset's free financial advisor matching tool.

Capital Financial currently has a small team of on-staff advisors. The firm gears its services specifically towards individuals both with and without a high net worth.

Capital Financial Advisory Group Background

Capital Financial was formed in 1992 by founder Peter D’Arruda. Today, the firm is still owned by D'Arruda, who is also the firm's managing member, president, lead advisor and chief compliance officer (CCO). The independent firm specializes in financial planning topics like investing, retirement, insurance, taxes and estate planning.

Capital Financial’s team includes one master registered financial consultant (MRFC), one retirement income certified professional (RICP), one chartered financial consultant (ChFC) and one registered financial consultant (RFC).

Capital Financial Advisory Group Client Types and Minimum Account Sizes 

Capital Financial says on its website that it serves high-net-worth individuals and families. The firm has a minimum account size requirement of $100,000.

Services Offered by Capital Financial Advisory Group

The firm provides the following services:

  • Financial planning
    • Retirement planning
    • Financial goal planning
    • Holistic financial planning
    • Tax minimization
    • Estate planning
    • Custom investment planning
  • Selection of other advisors

Capital Financial Advisory Group Investment Philosophy 

Capital Financial says its priority is to protect what clients have spent a lifetime accumulating. The firm also strives to provide financial clarity to those preparing for or already in their retirement, according to its website. In its effort to limit risk, Capital Financial provides structured income plans, as well as estate growth and protection services. 

The firm utilizes corporate rating services, financial newspapers, standard deviation charts and other methods when providing financial planning advice. 

Fees Under Capital Financial Advisory Group

There are two separate components to Capital Financial’s financial planning fees. The firm charges hourly fees that can range up to $299, while fixed fees range from $500 to $1,499, depending on the complexity of a client’s financial situation.

What to Watch Out For

Capital Financial Advisory Group doesn’t have any disclosures listed on its SEC-filed Form ADV. The firm is, however, only registered as an investment advisor in North Carolina, meaning it can't accept clients outside of that state.

Capital Financial doesn’t offer portfolio management services. If you’re looking for a firm that does, try using our free financial advisor matching service to connect with up to three advisors in your area.

Opening an Account With Capital Financial Advisory Group

The best way to get in touch with Capital Financial Advisory Group is to call (919) 657-4201 or visit one of its office locations in either Apex or Wilmington, North Carolina.

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

Tips for Saving for Retirement

  • Finding a financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three vetted financial advisors who serve your area, and you can have a free introductory call with your advisor matches to decide which one you feel is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
  • If you decide to sell any of your investments, keep in mind that any profits earned are subject to what’s called capital gains tax. Our capital gains tax calculator can help.

How Long $1mm 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.

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

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then 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 the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. 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.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research