Capital Financial Planning, LLC (Albany)


Capital Financial Planning, LLC is a large advisory firm based in Albany. It manages $287.44 million of regulatory assets for 1,342 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of California, Connecticut, Florida, and 9 other states.

Capital Financial Planning provides financial planning services, portfolio management for individuals and small businesses, pension consulting services, and selection of other advisers. It prepares financial plans for more than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Capital Financial Planning: assets under management

The assets under management (AUM) of Capital Financial Planning, LLC is $287.44 million. The firm's AUM has grown by 13% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $280.2 million in discretionary accounts and $7.25 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $209.88 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $1.04 million.

Investments

The firm invests in investment and business development companies the most. They account for 72% of the total AUM. The second-largest asset type is exchange traded securities, which make up 19% of the firm’s portfolio. Investments in cash and cash equivalents form 7% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Capital Financial Planning, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. 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.

What kind of clients Capital Financial Planning serves?

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 Capital Financial Planning is individuals with 924 clients and $155.86 million of assets under management. Among the 6 most similar advisory firms, Capital Financial Planning has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $287.44 million for 1,117 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Capital Financial Planning doesn't advise any private funds.

Careers at Capital Financial Planning, LLC

The company employs 20 people that are either part- or full-time employees. 75 percent of the employees work as investment advisers or researchers. 14 employees are registered as investment adviser representatives with the state securities authorities.

There are 2 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Direct owners and executive officers


Name Entity Date acquired Ownership Employer ID
Todd Arthur Slingerland President, ceo and cco 1 Aug 2016 75% - 100% 1924692

Based in Albany

The principal office where Capital Financial Planning, LLC performs its advisory services is located at 6 Tower Place, Albany, NY 12203, which is also the mailing address of the firm. An additional office of the firm is in Summertown, TN. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number (518) 867-4000 or by fax (518) 694-4196. The normal business hours are 9:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at capitalfinancialplanning.net.