Capital Investment Advisory Services, LLC

Registered investment adviser · Raleigh, NC · CRD #149124

Form ADV data as of 2026-09-01

Regulatory assets

$2.39 billion

Total accounts

9,862

Employees

Disclosure events

Firm details

Website: http://www.capital-invest.com
Telephone: 919-831-2370
SEC file number: 801-69846
Most recent Form ADV filing: 2026-03-12
SEC record: View this firm on the SEC's IAPD site

Disciplinary disclosures

This firm reports 2 disclosure questions answered Yes, covering 2 reported events. Form ADV Item 11 covers charges and pending proceedings as well as findings, so a Yes answer is not itself a finding of wrongdoing. The underlying detail is filed with the SEC.

Another regulator found a false statement, omission, or dishonest, unfair, or unethical conduct
Another regulator entered an order in connection with investment-related activity (past 10 years)

Assets and accounts

Provides continuous and regular supervisory or management services	Yes
Discretionary regulatory assets under management	$2.39 billion
Non-discretionary regulatory assets under management	$8.4 million
Total regulatory assets under management	$2.39 billion
Discretionary accounts	9,836
Non-discretionary accounts	26
Total accounts	9,862
Regulatory assets under management attributable to non-U.S. persons	$0

People

Total employees (excluding clerical)	91
Employees performing investment advisory functions (including research)	87
Employees who are registered representatives of a broker-dealer	80
Employees registered as investment adviser representatives with a state	86
Employees registered as IARs for another investment adviser	3
Employees who are licensed insurance agents	76
Firms or persons who solicit advisory clients on the firm's behalf	2

Custody

Has custody of client cash or bank accounts	Yes
Has custody of client securities	Yes
Client funds and securities held in the firm's custody	$2.37 billion
Clients for whom the firm has custody	5,983
A related person has custody of client cash or bank accounts	No
A related person has custody of client securities	No
The firm acts as a qualified custodian	No
A related person acts as a qualified custodian	No
Number of persons acting as qualified custodians for the firm's clients	2

How the firm is compensated

A percentage of assets under managementHourly chargesFixed fees (other than subscription fees)

Advisory services offered

Financial planning servicesPortfolio management for individuals and/or small businessesPortfolio management for businesses or institutional clientsPension consulting servicesSelection of other advisers (including private fund managers)

Affiliated related persons

Broker-dealer, municipal securities dealer, or government securities broker or dealerOther investment adviser (including financial planners)Insurance company or agency

Reported conflicts of interest

Form ADV Items 8 asks advisers to disclose arrangements that may create a conflict with client interests. This firm answered Yes to:

Buys or sells for itself securities it also recommends to clients
Recommends brokers or dealers to clients
Brokers or dealers recommended under 8.E. are related persons
Compensates a non-employee for client referrals
Receives compensation from others for client referrals

Client types

Type of client	Clients	Assets
Individuals (other than high net worth individuals)	5,406	$971.7 million
High net worth individuals	766	$1.33 billion
Pension and profit sharing plans (not the participants or government plans)	41	$28.0 million
Charitable organizations	15	$21.9 million
Corporations or other businesses not listed above	48	$38.9 million