Capital Wealth Planning, LLC (Naples)

Name: Capital Wealth Planning, LLC
Address: 1016 Collier Center Way, Naples, FL, 34110
Telephone: 239-593-2100

Capital Wealth Planning, LLC is a large advisory firm based in Naples. It manages $1.21 billion of regulatory assets for 2,766 client accounts. It has been registered with the SEC as an adviser since 2009 and has operated in the jurisdictions of Florida, Michigan, Minnesota, and 6 other states.

Capital Wealth Planning provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, and providing sub-advisory services to other registered investment advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.

Capital Wealth Planning: assets under management

The assets under management (AUM) of Capital Wealth Planning, LLC is $1.21 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 4651% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.21 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $437.98 thousand each.

Investments

The firm invests in exchange traded securities the most. They account for 97% of the total AUM. The second-largest asset type is pooled investment vehicles, which make up 2% of the firm’s portfolio. Investments in cash and cash equivalents form 1% of the total invested assets.

Fees & Commissions

The advisory firm has a single stream of revenue. Clients pay Capital Wealth Planning, LLC for their services and products based on a percentage of assets under management. 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 Wealth Planning serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Capital Wealth Planning is individuals with 2,463 clients and $876.16 million of assets under management. Among the 11 most similar advisory firms, Capital Wealth Planning has the highest percentage of individuals out of all clients.

The amount of regulatory assets under management is $1.21 billion for 2,766 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 Wealth Planning doesn't advise any private funds.

Careers at Capital Wealth Planning, LLC

The company employs 9 people that are either part- or full-time employees. 22 percent of the employees work as investment advisers or researchers. 2 employees are registered as investment adviser representatives with the state securities authorities.

There are 10 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
Kevin Glenn Simpson	President, member	1 Apr 2005	50% - 75%	2250499
Joanna M Irons	Member	1 Apr 2005	50% - 75%	5900677
Kevin Glenn Simpson	President and chief compliance officer	1 Jun 2009	75% - 100%	2250499
Jeffrey Alan Carney	Chief compliance officer	1 Aug 2010	Other	4469411
Brian Joseph Bruneau	Chief compliance officer	1 May 2017	Other	2168870

Based in Naples

The principal office where Capital Wealth Planning, LLC performs its advisory services is located at 1016 Collier Center Way, Naples, FL 34110, 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 239-593-2100 or by fax 239-593-2110. The normal business hours are 9:00 - 4:30 on Monday - Friday. You can find more information about the New York firm at capitalwealthplanning.com.