Capstone Financial Solutions, LLC (Houston)

Capstone Financial Solutions, LLC is a large advisory firm based in Houston. It manages $437.64 million of regulatory assets for 954 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Alabama, Arizona, Arkansas, and 29 other states.

Capstone Financial Solutions provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Capstone Financial Solutions: assets under management

The assets under management (AUM) of Capstone Financial Solutions, LLC is $437.64 million. The firm's AUM has grown by 5% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $437.62 million in discretionary accounts and $19.5 thousand in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $459.2 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $19.5 thousand.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Capstone Financial Solutions, LLC for their services and products based on a percentage of assets under management. Compensation based on assets under management promotes a long-term relationship between a client and the adviser and helps align mutual interests. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

Careers at Capstone Financial Solutions, LLC

Edward Leonard Jaroski has been acting as President since 1 Oct 2008. Joel Kennedy joined the executive team most recently as the Chief Financial Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Inc. Capstone Financial Services	Owner/managing member	1 Oct 2008	50% - 75%	76-0228360
Edward Leonard Jaroski	President/ceo/member	1 Oct 2008	Other	843498
Scott Howard Wynant	Senior vice president/member	1 Oct 2008	Other	1037373
Patrick Neil Garboden	Vice president/member	1 Oct 2008	Other	1249312
Carla Diane Homer	Treasurer/cfo/member	1 Oct 2008	Other	2015330
Richard Andrew Nunn	Senior vice president/chief compliance officer/secretary/member	1 Oct 2008	Other	1016528
Douglas Eugene Willingham	Vice president/member	1 Nov 2008	Other	4127296
Shelley Anne Severson	Chief operating officer/sr. vice president	1 Mar 2010	Other	1998984
Melville Lockett Cody	Director/sr. vice present	1 Mar 2010	Other	2384654
Claude Carr Cody	Director/sr. vice president	1 Mar 2010	Other	1313322
Joel Kennedy	Chief financial officer	1 Dec 2010	Other	5873096

Indirect Owners

The SEC currently registers 3 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Edward Leonard Jaroski	Shareholder	1 Sep 1987	25% - 50%	843498
Dan Edward Watson	Shareholder	1 Sep 1987	25% - 50%	1230463
Inc. Steward Financial Holdings	Shareholder	1 Oct 2008	25% - 50%	06-1672964

Based in Houston

The principal office where Capstone Financial Solutions, LLC performs its advisory services is located at 3700 West Sam Houston Parkway South, Houston, TX 77042, which is also the mailing address of the firm. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 713-260-9000 or by fax 713-260-9050. The normal business hours are 8:00am - 5:00pm on Monday - Friday.