Capital Financial Consultants Group, Inc. (Poway)

Name: Capital Financial Consultants Group, Inc.
Address: 14259 Danielson Street, Poway, CA, 92064
Telephone: 858-513-8445

Capital Financial Consultants Group, Inc. is a large advisory firm based in Poway. It manages $133.88 million of regulatory assets for 604 client accounts. It has been registered with the SEC as an adviser since 2018 and has operated in the jurisdictions of Arizona, California, Florida, Idaho, and Oregon.

Capital Financial Consultants Group provides financial planning services, portfolio management for individuals and small businesses, and pension consulting services. 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 Consultants Group: assets under management

The assets under management (AUM) of Capital Financial Consultants Group, Inc. is $133.88 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 15% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $133.88 million in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $221.66 thousand each.

Capital Financial Consultants Group has custody of $119.37 million in cash and securities for 447 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 78% of the total AUM. The second-largest asset type is investment and business development companies, which make up 18% of the firm’s portfolio. Investments in cash and cash equivalents form 2% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Capital Financial Consultants Group, Inc. 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 Larry Jerome Steckler 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 Larry Jerome Steckler is individuals with 335 clients and $70.13 million of assets under management. Among the 6 most similar advisory firms, Capital Financial Consultants Group has the 2nd highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $133.88 million for 430 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 Consultants Group doesn't advise any private funds.

Careers at Capital Financial Consultants Group, Inc.

The company employs 18 people that are either part- or full-time employees. 56 percent of the employees work as investment advisers or researchers. 10 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 doesn’t compensate employees in addition to the salary for bringing in new clients. Employees receive compensation from other entities for client referrals.

Larry Jerome Steckler has been acting as President since 1 Jan 2001. Jeff Dean Fisher joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Larry Jerome Steckler	President	1 Jan 2001	25% - 50%	2621508
Michael Shawn Wynns	Chief financial officer	1 Jan 2001	25% - 50%	3072203
Jeff Dean Fisher	Chief compliance officer	1 Feb 2014	25% - 50%	4950246

Based in Poway

The principal office where Capital Financial Consultants Group, Inc. performs its advisory services is located at 14259 Danielson Street, Poway, CA 92064, which is also the mailing address of the firm. An additional office of the firm is in Sandpoint, ID. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 858-513-8445 or by fax 858-513-9116. The normal business hours are 9:00 a.m. - 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at stecklerandwynns.com and its LinkedIn profile.