The Capital Advisory Group Advisory Services, LLC (Bloomington)

Name: The Capital Advisory Group Advisory Services, LLC
Address: 5270 West 84 Th Street, Bloomington, MN, 55437
Telephone: 952-831-8243

The Capital Advisory Group Advisory Services, LLC is a large advisory firm based in Bloomington. It manages $379.59 million of regulatory assets for 1,812 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of California, Florida, Georgia, and 10 other states.

The Capital Advisory Group Advisory Services provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and pension consulting services. It prepares financial plans for approximately 823 clients. On top of advisory services, the firm doesn't engage in other business activities.

The Capital Advisory Group Advisory Services: assets under management

The assets under management (AUM) of The Capital Advisory Group Advisory Services, LLC is $379.59 million. The firm's AUM has grown by 1379% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $273.91 million in discretionary accounts and $105.68 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $154.32 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $2.86 million.

Investments

The firm invests in investment and business development companies the most. They account for 68% of the total AUM. The second-largest asset type is exchange traded securities, which make up 23% of the firm’s portfolio. Investments in cash and cash equivalents form 8% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay The Capital Advisory Group Advisory Services, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients The Capital Advisory Group Advisory Services serves?

The firm provides services to individuals, high net worth individuals, and pension and profit sharing plans. The largest group of clients of The Capital Advisory Group Advisory Services is individuals with 760 clients and $179.42 million of assets under management. Among the 11 most similar advisory firms, The Capital Advisory Group Advisory Services has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $379.59 million for 860 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.

The Capital Advisory Group Advisory Services doesn't advise any private funds.

Careers at The Capital Advisory Group Advisory Services, LLC

The company employs 8 people that are either part- or full-time employees. 100 percent of the employees work as investment advisers or researchers. 7 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 compensates 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
Brett Allen Machtig	Managing member/chief compliance officer	1 Jul 2008	50% - 75%	1420080
Richard Carmine Cella	Managing member	1 Jan 2011	Other	1225988
Hayden Clifford Watkin	Member	1 Jan 2011	Other	4404235
Thomas Ralph Hokr	Member	1 Jan 2011	Other	1194034
Dennis Patrick Lynch	Member	1 Jan 2011	Other	1053136

Based in Bloomington

The principal office where The Capital Advisory Group Advisory Services, LLC performs its advisory services is located at 5270 West 84 Th Street, Bloomington, MN 55437, which is also the mailing address of the firm. An additional office of the firm is in Destin, FL. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 952-831-8243 or by fax 952-831-5563. The normal business hours are 8:00 a.m.-4:00 p.m. on Monday - Friday. You can find more information about the New York firm at thecapitaladvisorygroupllc.com.