Capital Fiduciary Advisors, LLC (Reston)

Name: Capital Fiduciary Advisors, LLC
Address: 1800 Robert Fulton Drive, Reston, VA, 20191
Telephone: 703-871-5969

Capital Fiduciary Advisors, LLC is a large advisory firm based in Reston. It manages $147.23 million of regulatory assets for 358 client accounts. It has been registered with the SEC as an adviser since 2011 and has operated in the jurisdictions of District of Columbia, Maryland, North Carolina, and 4 other states.

Capital Fiduciary Advisors provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, publication of newsletters, and educational seminars and workshops. It prepares financial plans for less than 10 clients. On top of advisory services, the firm doesn't engage in other business activities.

Capital Fiduciary Advisors: assets under management

The assets under management (AUM) of Capital Fiduciary Advisors, LLC is $147.23 million. The firm's AUM has grown by 37% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $130.9 million in discretionary accounts and $16.33 million in non-discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $437.79 thousand each. Non-discretionary accounts, where clients actively manage their portfolios, generally hold around $276.79 thousand.

Investments

The firm invests in state and local bonds the most. They account for 46% of the total AUM. The second-largest asset type is investment grade corporate bonds, which make up 44% of the firm’s portfolio. Investments in sovereign bonds form 5% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Capital Fiduciary Advisors, 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 Capital Fiduciary Advisors serves?

The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Capital Fiduciary Advisors is high net worth individuals with 75 clients and $83.02 million of assets under management. Among the 10 most similar advisory firms, Capital Fiduciary Advisors has the 5th highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $146.84 million for 179 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 Fiduciary Advisors doesn't advise any private funds.

Careers at Capital Fiduciary Advisors, LLC

The company employs 1 person that is either a part- or full-time employee. 100 percent of the employees work as investment advisers or researchers. Only one employee is registered as an investment adviser representative 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 don’t receive compensation from other entities for client referrals.

Bartholomew John Mcdonald joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Access National Bank	Member	1 Feb 2010	75% - 100%	54-1917330
Sothara Nmn Chin	Senior vice president and chief compliance officer	1 Feb 2010	Other	2063804
Jacolyn Helen Wetmore	Director of client strategies	1 Feb 2010	Other	2856221
John Harry Wolff	Chief executive officer/managing director	1 Jun 2011	Other	1846627
Chris Williams	Director of business development	1 Jun 2011	Other	5236046
Melissa Ann Long	Chief compliance officer	1 Jun 2012	Other	2817410
Matthew A Ramos	Director of business development	1 Oct 2012	Other	2078561
John Edward Montgomery	Managing director/cio	1 Feb 2014	Other	808621
Thurston Spaulding	Managing director	1 Feb 2014	Other	4602728
Thurston Spaulding	Chief compliance officer	1 Oct 2014	Other	4602728
Paul Kirsh Jacobson	Managing director	1 Oct 2015	Other	1420515
David Lee Hartley	Acting president	1 May 2017	Other	2107524
Union Bank & Trust	Member	1 Feb 2019	75% - 100%	80-0463989
Bartholomew John Mcdonald	Chief compliance officer	1 May 2019	Other	2820575

Indirect Owners

The SEC currently registers 2 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Access National Corporation	Indirect owner	1 Apr 2002	75% - 100%	82-0545425
Union Bankshares Corporation	Indirect owner	1 Feb 2019	75% - 100%	54-0412820

Based in Reston

The principal office where Capital Fiduciary Advisors, LLC performs its advisory services is located at 1800 Robert Fulton Drive, Reston, VA 20191, 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 703-871-5969 or by fax 703-766-3394. The normal business hours are 9am to 5pm on Monday - Friday. You can find more information about the New York firm at capitalfiduciaryadvisors.com.