Capital Investment Advisors is a fee-only advisory firm based in Atlanta. Capital not only appears on SmartAsset's list of the top advisors in Atlanta, it is also ranked among the top 10 firms in the state. With more than $5 billion in assets under management (AUM), the firm primarily works with individual clients.
Capital Investment Advisors Background
Capital Investment Advisors first opened in 1996. Today, it’s based in Atlanta, Georgia. It also manages offices in Florida, Colorado, Texas and Arizona. Mitchell Reiner, Matthew Reiner and Wesley Moss own the firm through trusts they control.
The firm’s team features Certified Financial Planners™ (CFPs®), chartered financial analysts (CFAs), chartered retirement planning counselors (CRPCs) and other professionals with industry designations.
Capital Investment Advisors Client Types and Investment Minimums
Capital Investment Advisors works with a variety of clients including both non-high-net-worth and high-net-worth individuals, as well as pension and profit-sharing plans.
Unless they were referred by the Fidelity Wealth Advisor Solutions Program, new clients generally need a minimum account size of $500,000.
Services Offered by Capital Investment Advisors
Capital Investment Advisors aims to provide holistic financial planning and investment management services to its clients. So it begins by engaging in a meeting with potential clients to determine their needs and whether their services can help the client meet those objectives.
Depending on the client's needs, a typical financial plan may touch upon such topics as:
- Retirement planning
- Growth and income investing
- Private investments
- 401(k) advice
In addition, the firm can take what it learns from your initial consultation to construct a diversified investment portfolio on behalf of the client. Its asset allocation would be based on several different factors such as risk tolerance, investment goals and time horizon.
Capital Investment Advisors Investment Philosophy
Capital Investment Advisors generally creates growth and income portfolios. It builds growth vehicles primarily with exchange-traded funds (ETFs) and individual securities such as stocks.
Its income portfolios are mainly built with bond funds, including mutual funds and ETFs, along with closed-end funds and individual fixed income securities that provide global exposure. In addition, the firm may utilize limited partnerships, real estate investment trusts (REITs) and royalty trusts.
Ultimately, a portfolio asset allocation depends on what the advisors deem appropriate to the client's goals and other variables.
Fees Under Capital Investment Advisors LLC
Capital Investment Advisors typically charges fees based on a percentage of assets under management that adhere to the following schedule:
| Household Account Size | Annual Fee |
| First $1,000,000 | 1.00% |
| Next $2,000,000 | 0.90% |
| Next $2,000,000 | 0.80% |
| Next $5,000,000 | 0.70% |
| Assets over $10,000,000 | 0.50% |
This chart shows what you'll pay in fees at various investment levels:
| *Estimated investment management fees do not include brokerage, custodial, third-party manager or other fees, which can vary in amount. | |
| Estimated Investment Management Fees at Capital Investment Advisors* | |
| Your Assets | Capital Investment Advisors Fee Amounts |
| $1MM | $10,000 |
| $2MM | $19,000 |
| $5MM | $44,000 |
| $10MM | $79,000 |
What to Watch Out For
While advisors on staff do not receive commissions for recommending certain products and services, keep in mind that the firm is affiliated with Altera Private Access, LLC, a registered investment adviser that manages private investment funds. This firm offers Capital clients the opportunity to invest in alternative assets. However, key staff and employees from CIA are involved in the day-to-day operations of Altera Private Access, LLC, and some of them also hold an ownership stake in the company. This is a conflict of interest because of the shared ownership.
At the time of this writing, the firm had no disciplinary action to disclose that is material to a potential client’s evaluation of its business. Review Capital Investment Advisors’ Form ADV for the latest details.
Opening an Account With Capital Investment Advisor
To contact the firm, send a message via its site at https://www.yourwealth.com/contact/ or call (404) 531-0018.
All information was accurate as of the writing of this article.
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