DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

Former SEC-registered adviser

Capital Directions LLC

Former SEC-registered adviserAtlanta, GeorgiaCRD 109762SEC 801-57269IAPD
Legal name Capital Directions, LLC
Latest filing Mar 22, 2023
First filing on the tape Apr 9, 2012 · 32 filings
RAUM
$3.9B
reported, Item 5.F
Discretionary
81%
of RAUM
Private clients
79%
$3.0B individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
25
11 advisory (5.B.1)
Offices
1
beyond the principal office
Private funds
0
reported on Schedule D
History
32 filings and snapshots on the tape
RAUM$3.9B as of Mar 22, 2023
Apr 9, 2012$863M then
HNW client RAUM$2.6B as of Mar 22, 2023
Mar 26, 2018$1.2B then
State-registered IARs (5.B.3)11 as of Mar 22, 2023
Jan 24, 20130 then
Employees (5.A)25 as of Mar 22, 2023
Jan 24, 201313 then
Private funds: no history
RAUM +0.6% over the last fiscal year+11% a year over threeIARs 11 to 11
Practice profile
derived from the filing of Mar 22, 2023; every figure names its basis
RAUM per advisor
$351MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
166derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$4.1MderivedHNW RAUM over HNW clients
Average account
$798,929derivedRAUM over accounts (5.F.2.f)
Discretionary
81%derivedof RAUM
Institutional
13%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
2.3derivedItem 5.A over advisors
Advisors per office
5.5derived2 offices incl. principal (1.F.5)
RAUM growth, one year
+0.6%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
+3.4%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, educational seminarsreportedItem 5.G
Custody
$1.9B, 2,258 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$2.6B74%
  • Pension and profit-sharing plans$435M12%
  • Individuals$428M12%
  • Charitable organizations$71.1M2.0%
Individual clients
1,196reported
HNW clients
631reported
Pension plan clients
109reported
Charitable clients
12reported
Accounts
4,832reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
$1.9B for 2,258 clientsreported
Compensation
% of AUM, fixedreported
Class basis
absent from the latest SEC rosterderived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
Teams outTeams in
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Wayne Dennis Covington · Managing Principal/Member, Chief Compliance Officercontrol
    since 11/2004 · owns 50% to 75%
  • Patrick Terrence Hartigan · Prinicpalcontrol
    since 01/2013 · owns 10% to 25%
  • Matthew John Mcmillen · Minority Owner
    since 12/2019 · owns 5% to 10%
  • C. Richard O'Donnell · Minority Owner
    since 12/2019 · owns 5% to 10%
  • Lile John Williams · Minority Owner
    since 10/2018 · owns less than 5%
Related persons
Schedule D 7.A
  • John L. Williams
    real estaten
Offices
Schedule D 1.F, the 25 largest
  • Southport, NC1 employees
What changed
consecutive filings, newest first
  • Accounts · 4,401 to 4,832
    Dec 1, 2022 to Mar 22, 2023
  • Charity clients · 11 to 12
    Dec 1, 2022 to Mar 22, 2023
  • Corporate clients · 7.0 to unset
    Dec 1, 2022 to Mar 22, 2023
  • HNW clients · 633 to 631
    Dec 1, 2022 to Mar 22, 2023
  • Individual clients · 1,134 to 1,196
    Dec 1, 2022 to Mar 22, 2023
  • Pension plan clients · 92 to 109
    Dec 1, 2022 to Mar 22, 2023
  • Assets in custody · $928M to $1.9B
    Dec 1, 2022 to Mar 22, 2023
  • Employees · 24 to 25
    Dec 1, 2022 to Mar 22, 2023
  • Discretionary RAUM · $3.0B to $3.1B
    Dec 1, 2022 to Mar 22, 2023
  • HNW RAUM · $2.9B to $2.6B
    Dec 1, 2022 to Mar 22, 2023
  • Individual RAUM · $441M to $428M
    Dec 1, 2022 to Mar 22, 2023
  • Non-discretionary RAUM · $881M to $743M
    Dec 1, 2022 to Mar 22, 2023
  • Pension RAUM · $410M to $435M
    Dec 1, 2022 to Mar 22, 2023
  • RAUM · $3.8B to $3.9B
    Dec 1, 2022 to Mar 22, 2023
  • Accounts · 2,137 to 4,401
    Dec 10, 2021 to Mar 21, 2022
  • Advisory employees · 10 to 11
    Dec 10, 2021 to Mar 21, 2022
  • Charity clients · unset to 11.0
    Dec 10, 2021 to Mar 21, 2022
  • Corporate clients · 49 to 7
    Dec 10, 2021 to Mar 21, 2022
  • HNW clients · 499 to 633
    Dec 10, 2021 to Mar 21, 2022
  • Individual clients · 1,309 to 1,134
    Dec 10, 2021 to Mar 21, 2022
  • Pension plan clients · 89 to 92
    Dec 10, 2021 to Mar 21, 2022
  • Assets in custody · $1.5B to $928M
    Dec 10, 2021 to Mar 21, 2022
  • Employees · 18 to 24
    Dec 10, 2021 to Mar 21, 2022
  • State-registered IARs · 10 to 11
    Dec 10, 2021 to Mar 21, 2022
  • Discretionary RAUM · $2.5B to $3.0B
    Dec 10, 2021 to Mar 21, 2022
  • HNW RAUM · $1.8B to $2.9B
    Dec 10, 2021 to Mar 21, 2022
  • Individual RAUM · $398M to $441M
    Dec 10, 2021 to Mar 21, 2022
  • Non-discretionary RAUM · $453M to $881M
    Dec 10, 2021 to Mar 21, 2022
  • Pension RAUM · $453M to $410M
    Dec 10, 2021 to Mar 21, 2022
  • RAUM · $2.9B to $3.8B
    Dec 10, 2021 to Mar 21, 2022
  • Accounts · 1,747 to 2,137
    Nov 4, 2020 to Mar 31, 2021
  • Charity clients · 29.0 to unset
    Nov 4, 2020 to Mar 31, 2021
  • Corporate clients · 61 to 49
    Nov 4, 2020 to Mar 31, 2021
  • HNW clients · 393 to 499
    Nov 4, 2020 to Mar 31, 2021
  • Individual clients · 1,123 to 1,309
    Nov 4, 2020 to Mar 31, 2021
  • Pension plan clients · 140 to 89
    Nov 4, 2020 to Mar 31, 2021
  • Assets in custody · $225M to $1.5B
    Nov 4, 2020 to Mar 31, 2021
  • Employees · 19 to 18
    Nov 4, 2020 to Mar 31, 2021
  • Other offices · 0 to 1
    Nov 4, 2020 to Mar 31, 2021
  • Discretionary RAUM · $2.2B to $2.5B
    Nov 4, 2020 to Mar 31, 2021
Signals
19 dated events
  • Patrick Joseph Curran left Capital Directions Llc for Savant Wealth Management (registered 2023-03-09)
    Apr 25, 2023 · Advisor changed firm · fact
  • Michael Wellington Bork left Capital Directions Llc for Savant Wealth Management (registered 2023-03-23)
    Apr 25, 2023 · Advisor changed firm · fact
  • Evan Goldfuss left Capital Directions Llc for Savant Wealth Management (registered 2023-03-23)
    Apr 25, 2023 · Advisor changed firm · fact
  • Terrence Patrick Hartigan left Capital Directions Llc for Savant Wealth Management (registered 2023-03-23)
    Apr 25, 2023 · Advisor changed firm · fact
  • Miriam C Falaki left Capital Directions Llc for Savant Wealth Management (registered 2023-03-23)
    Apr 25, 2023 · Advisor changed firm · fact
  • Joshua John Podczervinski left Capital Directions Llc for Savant Wealth Management (registered 2023-03-09)
    Apr 25, 2023 · Advisor changed firm · fact
  • Michael Hunter Brooks left Capital Directions Llc for Savant Wealth Management (registered 2023-03-23)
    Apr 25, 2023 · Advisor changed firm · fact
  • John Matthew Mcmillen left Capital Directions Llc for Focus Advisor Solutions, Llc (registered 2011-03-18)
    Apr 25, 2023 · Advisor changed firm · fact
  • Evan Landon Kuykendall left Capital Directions Llc for Savant Wealth Management (registered 2023-02-27)
    Apr 25, 2023 · Advisor changed firm · fact
  • John Lile Williams left Capital Directions Llc for Savant Wealth Management (registered 2023-04-20)
    Apr 25, 2023 · Advisor changed firm · fact
  • Dennis Wayne Covington left Capital Directions Llc for Focus Advisor Solutions, Llc (registered 2013-08-30)
    Apr 25, 2023 · Advisor changed firm · fact
  • Richard C. O'Donnell left Capital Directions Llc for Savant Wealth Management (registered 2023-03-23)
    Apr 25, 2023 · Advisor changed firm · fact
  • Nathan Scott Pritchard left Capital Directions Llc for Focus Advisor Solutions, Llc (registered 2011-03-29)
    Apr 25, 2023 · Advisor changed firm · fact
  • 3 advisors left Capital Directions LLC (Atlanta, GA) for Focus Advisor Solutions, LLC on the same day
    Apr 25, 2023 · Team lift-out · derived
  • Capital Directions LLC's advisors moved to Savant Wealth Management (Atlanta, GA): 9 of 13 registered, on the same day
    Apr 25, 2023 · Firm absorbed (people side) · derived
  • Terry Jay Montano left Capital Directions Llc for Facet (registered 2021-03-25)
    Apr 11, 2023 · Advisor changed firm · fact
  • Scott Nathan Pritchard (Principal) no longer on Schedule A of Capital Directions Llc (listed 2022-10-25, absent 2022-12-01)
    Dec 1, 2022 · Control person left · inference
  • Capital Directions Llc reported RAUM $3.8B, up 30% from $2.9B (2021-12-10 to 2022-03-21)
    Mar 21, 2022 · RAUM change · derived
  • Capital Directions Llc reported RAUM $2.8B, up 28% from $2.2B (2019-10-14 to 2020-02-26)
    Feb 26, 2020 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
Provenance
Form ADV
SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
Advisors
IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
Class
Former SEC-registered adviserderiveda rule over Items 5.D and 7.A
RAUM per advisor
n/aderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026