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RIA / WealthRegistered adviserindependent wealth managerSEC registeredRAUM 100m 1b

CAPITAL IDEAS

CAPITAL IDEAS, LLC, CRD 114352

DALLAS, TX

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:b67b46bd-ff02-5eac-ed4e-7b959282adf6

Data as of Mar 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 8:16 AM UTC and rebuilt at most every 15 minutes.

Relationships: 14
Dated events: 5
On other graphs: 0
Observed: Mar 16, 2012 to Mar 30, 2026
31 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: independent wealth managerderivedprivate_client_share=0.78 fund_share=0.07 institutional_share=0.14 related_bd=false related_bank=false bd_reps=2.0
Regulatory AUM: $336MItem 5.F on the latest filing (2026-03-30); as reported, and an affiliate's assets may be counted again on its own filing
Discretionary RAUM: $334M
Private client RAUM: $261MderivedItem 5.D individuals plus high net worth individuals
Private client share: 78%derivedprivate client RAUM over total RAUM
Advisors on IAPD: 5
RAUM per advisor: $67.2Mderivedthe firm's RAUM over its IAPD headcount: a firm average, never a person's book
Employees: 5
Advisory employees: 5
Offices: 2Schedule D 1.F, beyond the principal office
Accounts: 270
Individual clients: 46
High net worth clients: 50
SEC number: 801-66816
CRD: 114352
Filings on the tape: 31
First filed: Mar 16, 2012
Latest filed: Mar 30, 2026
Organised: Limited Liability Company, TX

Advisors on IAPD

current investment adviser representatives on the IAPD individual feed, longest tenure first

Advisor	Designations	Branch	Years here	In industry	Prior firms	Dual registered
KAREN RAYBURN BURNS	n/a	DALLAS, TX	28	31	n/a	yes
CLIFFORD JOHN BROTT	Certified Financial Planner	DALLAS, TX	28	35	n/a	no
Andrew Peter Kerai	Chartered Financial Analyst	AUSTIN, TX \| DALLAS, TX \| Dallas, TX	4	13	1	no
James David Jacobson	n/a	DALLAS, TX \| Naperville, IL	2	15	3	no
John David Edwards	Chartered Financial Analyst	Pocatello, ID \| DALLAS, TX	2	20	2	no

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
ALPHA CAPITAL DALLAS, LLC	Shareholder	E	yes	12/2021	Jan 28, 2022	Dec 12, 2024
BURNS, KAREN, RAYBURN	President	Na	yes	06/2006	Mar 16, 2012	Dec 12, 2024
Jacobson, James	Member	C	yes	12/2021	Jan 28, 2022	Dec 12, 2024
KERAI, ANDREW, PETER	MANAGING PARTNER	C	yes	12/2021	Jan 28, 2022	Dec 12, 2024
KERAI, ANDREW, PETER	CHAIRMAN/CHIEF COMPLIANCE OFFICER	Na	yes	12/2021	Jan 28, 2022	Dec 12, 2024
BROTT, CLIFFORD, JOHN	CHAIRMAN EMERITUS	Na	no	12/2021	Mar 16, 2012	Dec 12, 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
BEARING FINANCIAL ADVISORS, L.L.C.	n/a	State registered	$89.4M	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
n/a	n/a	n/a	1	no

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; showing 15 of 16

Fiscal year	Filed	RAUM	Discretionary	Employees	Advisory staff	Offices	Private funds	Fund GAV
2025	Mar 30, 2026	$336M	$334M	5	5	2	n/a	n/a
2024	Apr 17, 2025	$277M	$277M	7	7	2	n/a	n/a
2023	Mar 12, 2024	$167M	$167M	5	5	1	n/a	n/a
2022	Mar 6, 2023	$230M	$230M	4	4	0	n/a	n/a
2021	Jan 28, 2022	$272M	$272M	4	4	0	n/a	n/a
2020	Mar 18, 2021	$227M	$227M	3	3	0	n/a	n/a
2019	Mar 13, 2020	$168M	$168M	4	3	0	n/a	n/a
2018	Mar 28, 2019	$173M	$173M	4	3	0	n/a	n/a
2017	Mar 28, 2018	$182M	$173M	5	3	0	n/a	n/a
2016	Mar 23, 2017	$130M	$130M	5	4	n/a	n/a	n/a
2015	Mar 30, 2016	$150M	$150M	5	5	n/a	n/a	n/a
2014	Mar 26, 2015	$150M	$150M	4	4	n/a	n/a	n/a
2013	Mar 26, 2014	$125M	$125M	4	4	n/a	n/a	n/a
2012	Mar 26, 2013	$125M	$125M	4	4	n/a	n/a	n/a
2011	Mar 16, 2012	$105M	$105M	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
0	0	0	0.0%	0	0	0	2	1

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	$336M	$277M	21.3%	$230M	13.6%	5	7	2	2

Relationships

Affiliated with (1)

→ BEARING FINANCIAL ADVISORS, LLCRegistered adviserother investment adviser, common control
factForm ADV

Registered with (7)

← John David EdwardsAdvisorregistration: current employment
Apr 22, 2024 to presentfactForm ADV
← James David JacobsonAdvisorregistration: current employment
Nov 9, 2023 to presentfactForm ADV
← Andrew Peter KeraiAdvisorregistration: current employment
Jan 19, 2022 to presentfactForm ADV
← CLIFFORD JOHN BROTTAdvisorregistration: current employment
May 1, 1998 to presentfactForm ADV
← KAREN RAYBURN BURNSAdvisorregistration: current employment
Apr 22, 1998 to presentfactForm ADV
← JULIE CHRISTIENNE MURACOAdvisorregistration: previous registration
Jun 14, 2024 to May 2, 2025factForm ADV
← DEBORAH ANN GOODAdvisorregistration: previous registration
Aug 11, 2010 to Dec 17, 2010factForm ADV

Controls (4)

← BURNS, KAREN, RAYBURNOwnerPRESIDENT, ownership code NA, individual
Mar 16, 2012 to Dec 12, 2024factForm ADV
← KERAI, ANDREW, PETEROwnerMANAGING PARTNER, ownership code C, individual
Jan 28, 2022 to Dec 12, 2024factForm ADV
← Jacobson, JamesOwnerMEMBER, ownership code C, individual
Jan 28, 2022 to Dec 12, 2024factForm ADV
← ALPHA CAPITAL DALLAS, LLCOwnerSHAREHOLDER, ownership code E, domestic entity
Jan 28, 2022 to Dec 12, 2024factForm ADV

Owns (1)

← BROTT, CLIFFORD, JOHNOwnerCHAIRMAN EMERITUS, ownership code NA, individual
Mar 16, 2012 to Dec 12, 2024factForm ADV

Dated events

Occurred
May 2, 2025
Advisor changed firm
Julie Christienne Muraco left Capital Ideas for Suarum Investment Management, Llc (registered 2025-01-20)
Form ADVobserved 5 days ago
Occurred
Mar 12, 2024
Control person left
Peleg Halpern (Member) no longer on Schedule A of Capital Ideas (listed 2023-10-24, absent 2024-03-12)
Form ADVobserved 5 days ago
Occurred
Jan 28, 2022
Control person joined
Peter Andrew Kerai (Chairman) appeared on Schedule A of Capital Ideas
Form ADVobserved 5 days ago
Occurred
Jan 28, 2022
Control person joined
James Jacobson (Member) appeared on Schedule A of Capital Ideas
Form ADVobserved 5 days ago
Occurred
Jan 28, 2022
Control person joined
Peleg Halpern (Member) appeared on Schedule A of Capital Ideas
Form ADVobserved 5 days ago

Provenance

Graph: RIA / Wealth Management
Canonical id: dfx:ria:b67b46bd-ff02-5eac-ed4e-7b959282adf6
First observed: Mar 16, 2012
Last observed: Mar 30, 2026 5 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.

CAPITAL IDEAS

CAPITAL IDEAS, LLC, CRD 114352

DALLAS, TX

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:b67b46bd-ff02-5eac-ed4e-7b959282adf6

Data as of Mar 30, 2026 (this record's last observation) from federal regulator filings. Page built Sep 20, 2026, 8:16 AM UTC and rebuilt at most every 15 minutes.

Advisor

Designations

Branch

Years here

In industry

Prior firms

Dual registered

KAREN RAYBURN BURNS

n/a

DALLAS, TX

n/a

yes

CLIFFORD JOHN BROTT

Certified Financial Planner

DALLAS, TX

n/a

Andrew Peter Kerai

Chartered Financial Analyst

AUSTIN, TX | DALLAS, TX | Dallas, TX

James David Jacobson

n/a

DALLAS, TX | Naperville, IL

John David Edwards

Chartered Financial Analyst

Pocatello, ID | DALLAS, TX

Owner

Title

Ownership code

Control person

Acquired

First seen

Last seen

ALPHA CAPITAL DALLAS, LLC

Shareholder

yes

12/2021

Jan 28, 2022

Dec 12, 2024

BURNS, KAREN, RAYBURN

President

yes

06/2006

Mar 16, 2012

Dec 12, 2024

Jacobson, James

Member

yes

12/2021

Jan 28, 2022

Dec 12, 2024

KERAI, ANDREW, PETER

MANAGING PARTNER

yes

12/2021

Jan 28, 2022

Dec 12, 2024

KERAI, ANDREW, PETER

CHAIRMAN/CHIEF COMPLIANCE OFFICER

yes

12/2021

Jan 28, 2022

Dec 12, 2024

BROTT, CLIFFORD, JOHN

CHAIRMAN EMERITUS

12/2021

Mar 16, 2012

Dec 12, 2024

Related person

Type

Class on the graph

Its RAUM

Control

Common control

State

BEARING FINANCIAL ADVISORS, L.L.C.

n/a

State registered

$89.4M

yes

n/a

City

State

Country

Employees

Also broker-dealer

n/a

Fiscal year

Filed

RAUM

Discretionary

Employees

Advisory staff

Offices

Private funds

Fund GAV

2025

Mar 30, 2026

$336M

$334M

n/a

2024

Apr 17, 2025

$277M

n/a

2023

Mar 12, 2024

$167M

n/a

2022

Mar 6, 2023

$230M

n/a

2021

Jan 28, 2022

$272M

n/a

2020

Mar 18, 2021

$227M

n/a

2019

Mar 13, 2020

$168M

n/a

2018

Mar 28, 2019

$173M

n/a

2017

Mar 28, 2018

$182M

$173M

n/a

2016

Mar 23, 2017

$130M

n/a

2015

Mar 30, 2016

$150M

n/a

2014

Mar 26, 2015

$150M

n/a

2013

Mar 26, 2014

$125M

n/a

2012

Mar 26, 2013

$125M

n/a

2011

Mar 16, 2012

$105M

n/a

Joined, 12m

Left, 12m

Net, 12m

Departure rate, 12m

Joined, 90d

Left, 90d

Left, no destination yet

Joined, 36m

Left, 36m

0.0%

Latest fiscal year

RAUM

A year earlier

1y change

Three years earlier

3y CAGR

Employees

A year earlier

Offices

A year earlier

2025

$336M

$277M

21.3%

$230M

13.6%