Capitol Securities Management, Inc. is a large advisory firm based in Glen Allen. It manages $671.52 million of regulatory assets for 2,111 client accounts. It has been registered with the SEC as an adviser since 2001 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 49 other states.
Capitol Securities Management provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, selection of other advisers, and educational seminars and workshops. It prepares financial plans for more than 50 clients. On top of advisory services, the firm doesn't engage in other business activities.
The assets under management (AUM) of Capitol Securities Management, Inc. is $671.52 million. The firm's AUM has grown by 461% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Capitol Securities Management, 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.
The firm provides services to individuals, charitable organizations, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of George Mark Hamby is individuals with 1,940 clients and $504.41 million of assets under management. Among the 11 most similar advisory firms, Capitol Securities Management has the 2nd highest percentage of individuals out of all clients.
The amount of regulatory assets under management is $671.52 million for 2,110 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. 1% of the firm’s clients are foreign persons or businesses.
Capitol Securities Management doesn't advise any private funds.
The company employs 200 people that are either part- or full-time employees. 51 percent of the employees work as investment advisers or researchers. 25 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 compensates employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.
George Mark Hamby has been acting as President since 1 Nov 2006. Katherine Rose Hallberg joined the executive team most recently as the Chief Compliance Officer.
The principal office where Capitol Securities Management, Inc. performs its advisory services is located at 100 Concourse Blvd, Glen Allen, VA 23059 The mailing address of the firm is 100 Concourse Blvd, Glen Allen, VA 23059. An additional office of the firm is in Reston, VA. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 888-612-1484 or by fax 804-249-2330. The normal business hours are 8:30 am to 5:00 pm on Monday - Friday. You can find more information about the New York firm at capitolsecurities.com and its LinkedIn profile.