DFX Intelligence

Data Factory

RIA / WealthRegistered adviserformer SEC adviserleft the SEC rosterRAUM 100m 1b

THE CAPITAL ADVISORY GROUP ADVISORY SERVICES, LLC

CRD 140551

PHOENIX, AZ

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:8f2a3c29-80b5-0ecb-ef5b-19f4131f7dcc

Data as of Mar 16, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 4:59 AM UTC and rebuilt at most every 15 minutes.

Relationships: 26
Dated events: 21
On other graphs: 0
Observed: Apr 2, 2012 to Mar 16, 2026
48 observations

Across DFX

This entity has not been resolved onto another DFX graph by a shared identifier. A name match elsewhere would be a candidate, never an identity, and none is recorded.

Facts

fact = as filed or announced; derived = computed by DFX; estimate = a band, never a point

Firm class: former SEC adviserderivedabsent from the latest SEC roster
Regulatory AUM: $539MItem 5.F on the latest filing (2026-03-16); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $517M
Private client RAUM: $517MderivedItem 5.D individuals plus high net worth individuals
Private client share: 96%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 0
Employees: 7
Advisory employees: 7
Offices: 2Schedule D 1.F, beyond the principal office
Accounts: 1,814
Individual clients: 402
High net worth clients: 1,022
SEC number: 801-69464
CIK: 1803229
CRD: 140551
Filings on the tape: 48
First filed: Apr 2, 2012
Latest filed: Mar 16, 2026
Organised: Limited Liability Company, MN
Website: brettmachtig.com

Owners and control persons

Schedule A and B as filed; ownership codes are the form's bands (NA under 5%, A 5 to 10%, B 10 to 25%, C 25 to 50%, D 50 to 75%, E over 75%); people are listed as filed and never merged by name

Owner	Title	Ownership code	Control person	Acquired	First seen	Last seen
MACHTIG, BRETT, ALLEN	MANAGING MEMBER	E	yes	07/2008	Apr 2, 2012	Feb 14, 2024
RUGGIERI, MICHAEL, JOSEPH	CHIEF COMPLIANCE OFFICER	Na	yes	03/2023	Jul 10, 2023	Feb 14, 2024

Affiliates (Item 7.A)

as filed on Item 7.A; a related person with a CRD on the graph links to its own page

Related person	Type	Class on the graph	Its RAUM	Control	Common control	State
FOREMAN & AIRHART, LTD.	n/a	n/a	n/a	N	yes	n/a
MACHTIG AND ASSOCIATES INSURANCE SERVICES, LLC	n/a	n/a	n/a	N	yes	n/a

Offices

Schedule D 1.F offices beyond the principal office; street addresses are not published

City	State	Country	Employees	Also broker-dealer
Phoenix	Az	United States	1	yes
n/a	n/a	n/a	1	yes

Regulatory AUM by fiscal year

annual amendments (and the roster's annual snapshot) as filed; where a year was amended twice the later filing draws the line

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 16, 2026	$539M	$517M	7	7	2	n/a	n/a
2024	Mar 3, 2025	$403M	$384M	10	7	2	n/a	n/a
2023	Feb 14, 2024	$277M	$277M	6	5	2	n/a	n/a
2022	Mar 20, 2023	$336M	$274M	6	4	1	n/a	n/a
2021	Mar 14, 2022	$362M	$342M	6	5	2	n/a	n/a
2020	Mar 29, 2021	$510M	$403M	9	9	2	n/a	n/a
2019	Apr 1, 2020	$466M	$347M	9	9	2	n/a	n/a
2018	Mar 21, 2019	$380M	$274M	8	8	2	n/a	n/a
2017	Mar 29, 2018	$385M	$273M	8	8	2	n/a	n/a
2016	Mar 13, 2017	$274M	$196M	11	8	n/a	n/a	n/a
2015	Feb 3, 2016	$282M	$188M	6	6	n/a	n/a	n/a
2014	Mar 3, 2015	$400M	$191M	16	10	n/a	n/a	n/a
2013	Feb 26, 2014	$362M	$233M	18	10	n/a	n/a	n/a
2012	Mar 20, 2013	$268M	$195M	20	10	n/a	n/a	n/a
2011	Apr 2, 2012	$128M	$128M	n/a	n/a	n/a	n/a	n/a

Advisor flows

derived: registrations beginning and ending at this CRD on IAPD, bulk corporate re-registrations excluded; the rate is departures over IAPD headcount

Joined, 12m	Left, 12m	Net, 12m	Departure rate, 12m	Joined, 90d	Left, 90d	Left, no destination yet	Joined, 36m	Left, 36m
1	8	-7	n/a	0	1	0	1	10

Growth

derived from consecutive annual filings; RAUM as reported

Latest fiscal year	RAUM	A year earlier	1y change	Three years earlier	3y CAGR	Employees	A year earlier	Offices	A year earlier
2025	$539M	$403M	33.8%	$336M	17.1%	7	10	2	2

Teams out

two or more advisors whose registrations ended here and began at one firm together: a fact of two dates, not a prediction

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
LPL FINANCIAL LLC	2	May 12, 2026	Jan 6, 2026	PHOENIX, AZ	Team lift out	RIA to ibd	40.0%
LPL FINANCIAL LLC	2	May 12, 2026	Jan 6, 2026	BLOOMINGTON, MN	Team lift out	RIA to ibd	40.0%
GREAT VALLEY ADVISOR GROUP, LLC	2	Jan 6, 2026	Jan 5, 2026	PHOENIX, AZ	Team lift out	RIA to RIA	25.0%
MHS ADVISORY SERVICES, LLC	2	Apr 15, 2015	Jan 28, 2015	BLOOMINGTON, MN	Team lift out	Other	25.0%

Teams in

teams that arrived here from one firm together

Other firm	Advisors	First left	Last joined	From	Kind	Move type	Share of firm
INVESTORS CAPITAL ADVISORY	5	Jul 23, 2016	Jan 4, 2016	LYNNFIELD, MA	Team lift out	Other	2.5%
INVESTORS CAPITAL ADVISORY	2	Mar 11, 2015	Jan 15, 2014	LYNNFIELD, MA	Team lift out	Other	0.9%

Relationships

Registered with (18)

← MICHAEL JOSEPH RUGGIERIAdvisorregistration: previous registration
Jul 5, 2023 to Aug 5, 2026factForm ADV
← BRETT ALLEN MACHTIGAdvisorregistration: previous registration
Sep 10, 2008 to May 12, 2026factForm ADV
← MARK ALAN FOREMANAdvisorregistration: previous registration
Jan 13, 2014 to May 12, 2026factForm ADV
← Michael A JungwirthAdvisorregistration: previous registration
Jul 20, 2022 to May 12, 2026factForm ADV
← JOSEPH ALFEO DOMBROAdvisorregistration: previous registration
Apr 30, 2024 to May 12, 2026factForm ADV
← ROGER ALAN ANDERSONAdvisorregistration: previous registration
Jan 13, 2014 to Jan 6, 2026factForm ADV
← TODD JOSEPH MORRISAdvisorregistration: previous registration
Jan 4, 2016 to Jan 6, 2026factForm ADV
← Robert Taylor AndersonAdvisorregistration: previous registration
Nov 11, 2025 to Jan 6, 2026factForm ADV
← DONALD BRODY LEDINGHAMAdvisorregistration: previous registration
Apr 30, 2019 to Mar 6, 2025factForm ADV
← RICHARD CARMINE CELLAAdvisorregistration: previous registration
Mar 18, 2011 to Dec 4, 2023factForm ADV
← DAVID ERVIN DENNISTONAdvisorregistration: previous registration
Sep 11, 2008 to Nov 5, 2021factForm ADV
← BRIAN MICHAEL WOODSAdvisorregistration: previous registration
Feb 24, 2014 to Nov 4, 2015factForm ADV
← THOMAS RALPH HOKRAdvisorregistration: previous registration
Jan 15, 2014 to Apr 15, 2015factForm ADV
← JOHN CHRISTOPHER SHERWINAdvisorregistration: previous registration
Jan 13, 2014 to Apr 15, 2015factForm ADV
← James SwirtzAdvisorregistration: previous registration
Oct 20, 2008 to Jan 25, 2011factForm ADV
← MARK SCOTT PAVWOSKIAdvisorregistration: previous registration
Sep 11, 2008 to Jan 9, 2009factForm ADV
← GARY RUSSELL AIKENAdvisorregistration: previous registration
Oct 21, 2008 to Jan 9, 2009factForm ADV
← JOHN EDWARD HANCEAdvisorregistration: previous registration
Oct 20, 2008 to Jan 9, 2009factForm ADV

Moved with (4)

→ GREAT VALLEY ADVISOR GROUP, LLCRegistered adviser2 advisors, team lift out, same day
Jan 6, 2026 to Jan 8, 2026factForm ADV
→ LPL FINANCIAL LLCRegistered adviser4 advisors, firm absorbed, same day
May 12, 2026 to Jan 6, 2026factForm ADV
← INVESTORS CAPITAL ADVISORYRegistered adviser5 advisors, team lift out
Jul 23, 2016 to Jan 4, 2016factForm ADV
→ MHS ADVISORY SERVICES, LLCRegistered adviser2 advisors, team lift out, same day
Apr 15, 2015 to Jan 28, 2015factForm ADV

Controls (2)

← MACHTIG, BRETT, ALLENOwnerMANAGING MEMBER, ownership code E, individual
Apr 2, 2012 to Feb 14, 2024factForm ADV
← RUGGIERI, MICHAEL, JOSEPHOwnerCHIEF COMPLIANCE OFFICER, ownership code NA, individual
Jul 10, 2023 to Feb 14, 2024factForm ADV

Dated events

1 bookkeeping events (roster, classification and holdings changes) folded below

Occurred
Aug 5, 2026
Advisor changed firm
Michael Joseph Ruggieri left The Capital Advisory Group Advisory Services, Llc for Lpl Financial Llc (registered 2026-01-06)
Form ADVobserved 4 days ago
Occurred
May 12, 2026
Firm absorbed
The Capital Advisory Group Advisory Services, LLC's advisors moved to LPL Financial LLC (Phoenix, AZ): 4 of 5 registered, on the same day
Form ADVobserved 3 days ago
4 advisors
Occurred
May 12, 2026
Team lift-out
2 advisors left The Capital Advisory Group Advisory Services, LLC (Bloomington, MN) for LPL Financial LLC on the same day
Form ADVobserved 2 days ago
2 advisors
Occurred
May 12, 2026
Advisor changed firm
Mark Alan Foreman left The Capital Advisory Group Advisory Services, Llc for Lpl Financial Llc (registered 2026-01-06)
Form ADVobserved 4 days ago
Occurred
May 12, 2026
Advisor changed firm
Michael A Jungwirth left The Capital Advisory Group Advisory Services, Llc for Lpl Financial Llc (registered 2026-01-06)
Form ADVobserved 4 days ago
Occurred
May 12, 2026
Advisor changed firm
Joseph Alfeo Dombro left The Capital Advisory Group Advisory Services, Llc for Lpl Financial Llc (registered 2026-01-06)
Form ADVobserved 4 days ago
Occurred
May 12, 2026
Advisor changed firm
Brett Allen Machtig left The Capital Advisory Group Advisory Services, Llc for Lpl Financial Llc (registered 2026-01-06)
Form ADVobserved 4 days ago
Occurred
Mar 16, 2026
Regulatory AUM changed
The Capital Advisory Group Advisory Services, Llc reported RAUM $538.8M, up 34% from $402.8M (2025-08-06 to 2026-03-16)
Form ADVobserved 4 days ago
$136M
Occurred
Jan 6, 2026
Team lift-out
2 advisors left The Capital Advisory Group Advisory Services, LLC (Phoenix, AZ) for Great Valley Advisor Group, LLC on the same day
Form ADVobserved 3 days ago
2 advisors
Occurred
Jan 6, 2026
Advisor changed firm
Robert Taylor Anderson left The Capital Advisory Group Advisory Services, Llc for Great Valley Advisor Group, Llc (registered 2026-01-05)
Form ADVobserved 4 days ago
Occurred
Jan 6, 2026
Advisor changed firm
Roger Alan Anderson left The Capital Advisory Group Advisory Services, Llc for Great Valley Advisor Group, Llc (registered 2026-01-08)
Form ADVobserved 4 days ago
Occurred
Jan 6, 2026
Advisor changed firm
Todd Joseph Morris left The Capital Advisory Group Advisory Services, Llc for Great Valley Advisor Group, Llc (registered 2026-01-05)
Form ADVobserved 4 days ago
Occurred
Mar 6, 2025
Advisor changed firm
Donald Brody Ledingham left The Capital Advisory Group Advisory Services, Llc for Lpl Financial Llc (registered 2021-11-10)
Form ADVobserved 4 days ago
Occurred
Mar 3, 2025
Regulatory AUM changed
The Capital Advisory Group Advisory Services, Llc reported RAUM $402.8M, up 45% from $277.1M (2024-02-14 to 2025-03-03)
Form ADVobserved 4 days ago
$126M
Occurred
Dec 4, 2023
Advisor changed firm
Richard Carmine Cella left The Capital Advisory Group Advisory Services, Llc for Lpl Financial Llc (registered 2021-11-10)
Form ADVobserved 4 days ago
Occurred
Jul 10, 2023
Control person joined
Joseph Michael Ruggieri (Chief Compliance Officer) appeared on Schedule A of The Capital Advisory Group Advisory Services, Llc
Form ADVobserved 4 days ago
Occurred
Apr 18, 2022
Control person left
Carmine Richard Cella (Managing Member) no longer on Schedule A of The Capital Advisory Group Advisory Services, Llc (listed 2022-03-14, absent 2022-04-18)
Form ADVobserved 4 days ago
Occurred
Mar 14, 2022
Regulatory AUM changed
The Capital Advisory Group Advisory Services, Llc reported RAUM $362.5M, down 29% from $510.3M (2021-11-24 to 2022-03-14)
Form ADVobserved 4 days ago
$-148M
Occurred
Jan 14, 2020
Control person left
Clifford Hayden Watkin (Member) no longer on Schedule A of The Capital Advisory Group Advisory Services, Llc (listed 2019-11-26, absent 2020-01-14)
Form ADVobserved 4 days ago
Occurred
Mar 29, 2018
Regulatory AUM changed
The Capital Advisory Group Advisory Services, Llc reported RAUM $384.8M, up 41% from $273.8M (2017-03-13 to 2018-03-29)
Form ADVobserved 4 days ago
$111M

Show 1 bookkeeping events

Occurred
Sep 1, 2026
The Capital Advisory Group Advisory Services, Llc no longer on the SEC adviser roster (last listed 2026-08-03, RAUM $538.8M)

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:8f2a3c29-80b5-0ecb-ef5b-19f4131f7dcc
First observed: Apr 2, 2012
Last observed: Mar 16, 2026 6 months ago
Source families: Federal regulator filings
3 registered feeds stand behind this record; each fact above carries its own dates and, where the publisher serves one, its document.
Resolution: Identity across graphs by shared identifier (CRD, CIK, EIN, ADV fund id, individual CRD) or citation; a name match is shown as a candidate and never merged.

THE CAPITAL ADVISORY GROUP ADVISORY SERVICES, LLC

CRD 140551

PHOENIX, AZ

This is the graph view. The full profile, with its team, deals and sources, is on RIA / Wealth Management.Open the full profile →

Search this name across graphsid dfx:ria:8f2a3c29-80b5-0ecb-ef5b-19f4131f7dcc

Data as of Mar 16, 2026 (this record's last observation) from federal regulator filings. Page built Sep 19, 2026, 4:59 AM UTC and rebuilt at most every 15 minutes.

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

MACHTIG, BRETT, ALLEN

MANAGING MEMBER

yes

07/2008

Apr 2, 2012

Feb 14, 2024

RUGGIERI, MICHAEL, JOSEPH

CHIEF COMPLIANCE OFFICER

yes

03/2023

Jul 10, 2023

Feb 14, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

FOREMAN & AIRHART, LTD.

n/a

yes

n/a

MACHTIG AND ASSOCIATES INSURANCE SERVICES, LLC

n/a

yes

n/a

City

State

Country

Employees

Also broker-dealer

Phoenix

United States

yes

n/a

yes

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 16, 2026

$539M

$517M

n/a

2024

Mar 3, 2025

$403M

$384M

n/a

2023

Feb 14, 2024

$277M

n/a

2022

Mar 20, 2023

$336M

$274M

n/a

2021

Mar 14, 2022

$362M

$342M

n/a

2020

Mar 29, 2021

$510M

$403M

n/a

2019

Apr 1, 2020

$466M

$347M

n/a

2018

Mar 21, 2019

$380M

$274M

n/a

2017

Mar 29, 2018

$385M

$273M

n/a

2016

Mar 13, 2017

$274M

$196M

n/a

2015

Feb 3, 2016

$282M

$188M

n/a

2014

Mar 3, 2015

$400M

$191M

n/a

2013

Feb 26, 2014

$362M

$233M

n/a

2012

Mar 20, 2013

$268M

$195M

n/a

2011

Apr 2, 2012

$128M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

-7

n/a

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$539M

$403M

33.8%

$336M

17.1%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

LPL FINANCIAL LLC

May 12, 2026

Jan 6, 2026

PHOENIX, AZ

Team lift out

RIA to ibd

40.0%

LPL FINANCIAL LLC

May 12, 2026

Jan 6, 2026

BLOOMINGTON, MN

Team lift out

RIA to ibd

40.0%

GREAT VALLEY ADVISOR GROUP, LLC

Jan 6, 2026

Jan 5, 2026

PHOENIX, AZ

Team lift out

RIA to RIA

25.0%

MHS ADVISORY SERVICES, LLC

Apr 15, 2015

Jan 28, 2015

BLOOMINGTON, MN

Team lift out

Other

25.0%

Other firm

Advisors

First left

Last joined

From

Kind

Move type

Share of firm

INVESTORS CAPITAL ADVISORY

Jul 23, 2016

Jan 4, 2016

LYNNFIELD, MA

Team lift out

Other

2.5%

INVESTORS CAPITAL ADVISORY

Mar 11, 2015

Jan 15, 2014

LYNNFIELD, MA

Team lift out

Other

0.9%