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.
SEC-registered adviser
Capital Investment Services Of America Inc
Latest filing Dec 16, 2025
First filing on the tape Dec 15, 2011 · 38 filings
SEC status approved since Feb 21, 1980
RAUM
$1.3B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
82%
$1.1B individuals and HNW
Advisors
9
registered through the firm on IAPD
RAUM per advisor
$146M
derived; firm RAUM over IAPD count
Employees
9
9 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
38 filings and snapshots on the tape
RAUM$1.3B as of Dec 16, 2025
Dec 15, 2011$424M then
HNW client RAUM$899M as of Dec 16, 2025
Dec 14, 2017$540M then
State-registered IARs (5.B.3)9 as of Dec 16, 2025
Dec 10, 20128 then
Employees (5.A)9 as of Dec 16, 2025
Dec 10, 20128 then
Private funds: no history
RAUM +27% over the last fiscal year+3.8% a year over threeIARs 7 to 9
Practice profile
derived from the filing of Dec 16, 2025; every figure names its basis
Archetypes, each a printed rule
- HNW wealth manager · private-client share of RAUM at least 50 percent and HNW share of private-client RAUM 50 to 90 percent
- Independent boutique · a wealth manager with no broker-dealer, bank or insurance affiliate, 2 to 25 advisors, one to three offices, no public reporting company control
- RAUM per advisor
- $146MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 100derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $3.5MderivedHNW RAUM over HNW clients
- Average account
- $1.4MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 13%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.0derivedItem 5.A over advisors
- Advisors per office
- 9.0derived1 offices incl. principal (1.F.5)
- RAUM growth, one year
- +19%derivedbetween the last two annual amendments
- Advisor growth, one year
- +29%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +2.2%derived
- Compensation
- percentage of assetsreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- 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
- buys or sells securities as principal to or from clients (8.A.2)
- 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)
- compensates persons for client referrals (8.G.1)
- compensates non-employees for client referrals (8.G.2)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$899M68%
- Individuals$179M14%
- Charitable organizations$124M9.4%
- Corporations and businesses$59.6M4.5%
- Pension and profit-sharing plans$53.6M4.1%
- Individual clients
- 642reported
- HNW clients
- 256reported
- Pension plan clients
- 10reported
- Charitable clients
- 21reported
- Accounts
- 937reported
- Financial planning clients
- 11-25reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUMreported
- Class basis
- private_client_share=0.82 fund_share=0.0 institutional_share=0.13 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
9 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Paul Allen MuzzeyChartered Financial Analyst | Milwaukee, Wi | May 25, 1990 | 36 y | 0 |
| Jeffrey Nichols AllsopChartered Financial Analyst | Milwaukee, Wi | Apr 15, 1991 | 42 y | 0 |
| Ameet Laxman Kamath | Milwaukee, Wi | Feb 2, 2005 | 27 y | 1 |
| Ruth Ann Benben | Milwaukee, Wi | Nov 22, 2010 | 37 y | 0 |
| Mitchell Williams CarlsonCertified Financial Planner, Chartered Financial Analyst | Milwaukee, Wi | Sep 15, 2018 | 12 y | 0 |
| Blaine Edward BanckerCertified Financial Planner | Milwaukee, Wi | Oct 23, 2019 | 11 y | 0 |
| Steven Luck MuzzeyCertified Financial Planner | Milwaukee, Wi | Sep 30, 2022 | 12 y | 0 |
| Nicholas Newkirk | Milwaukee, Wi | Jun 4, 2024 | 13 y | 1 |
| Bradley Edward BodusCertified Financial Planner | Milwaukee, Wi | Jun 24, 2024 | 10 y | 0 |
Advisor movement
0 left, 0 joined in 12 months
net 0 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount0 left over 36 months
Left, latest
- Peter Charles Jelacic to Next Generation Wealth Management, Inc.Mar 30, 2009 · Other
Joined, latest
- Nicholas Newkirk from Ameriprise Financial Services, LLCJun 4, 2024 · Affiliated broker-dealer or bank to independent RIA
- Ameet Laxman Kamath from Oarsman Capital, IncFeb 2, 2005 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Nichols Jeffrey Allsop · Chief Investment Officercontrolsince 07/2015 · owns 25% to 50%
- Ann Ruth Benben · Chief Compliance Officercontrolsince 02/1991 · owns 10% to 25%
- Allen Paul Muzzey · Presidentcontrolsince 12/1989 · owns 25% to 50%
- Edward Blaine Bancker · Principalsince 01/2021 · owns less than 5%
- Williams Mitchell Carlson · Principalsince 10/2019 · owns 5% to 10%
- Laxman Ameet Kamath · Principalsince 09/2004 · owns 10% to 25%
- Luck Steven Muzzey · Principalsince 01/2024 · owns less than 5%
- Kim Proft Mia Potter · Principalsince 04/2023 · owns less than 5%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Milwaukee, Wi · principal | 9 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- business activity changedChange between filings · filing Dec 16, 2025financial planning (Item 5.G.1): no on the filing of 2025-09-17, yes on the filing of 2025-12-16peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 888 to 937Sep 17, 2025 to Dec 16, 2025
- Advisory activities · 2 to 3Sep 17, 2025 to Dec 16, 2025
- Charity clients · 18 to 21Sep 17, 2025 to Dec 16, 2025
- HNW clients · 243 to 256Sep 17, 2025 to Dec 16, 2025
- Individual clients · 607 to 642Sep 17, 2025 to Dec 16, 2025
- Pension plan clients · 12 to 10Sep 17, 2025 to Dec 16, 2025
- Financial planning clients · to 11-25Sep 17, 2025 to Dec 16, 2025
- Discretionary RAUM · $1.2B to $1.3BSep 17, 2025 to Dec 16, 2025
- HNW RAUM · $820M to $899MSep 17, 2025 to Dec 16, 2025
- Individual RAUM · $167M to $179MSep 17, 2025 to Dec 16, 2025
- Pension RAUM · $58.1M to $53.6MSep 17, 2025 to Dec 16, 2025
- RAUM · $1.2B to $1.3BSep 17, 2025 to Dec 16, 2025
- Financial planning clients · unset to Dec 3, 2024 to Sep 17, 2025
- Accounts · 870 to 888Dec 20, 2023 to Dec 3, 2024
- Advisory employees · 7 to 9Dec 20, 2023 to Dec 3, 2024
- Charity clients · 17 to 18Dec 20, 2023 to Dec 3, 2024
- HNW clients · 208 to 243Dec 20, 2023 to Dec 3, 2024
- Individual clients · 624 to 607Dec 20, 2023 to Dec 3, 2024
- Pension plan clients · 13 to 12Dec 20, 2023 to Dec 3, 2024
- Employees · 7 to 9Dec 20, 2023 to Dec 3, 2024
- State-registered IARs · 7 to 9Dec 20, 2023 to Dec 3, 2024
- Discretionary RAUM · $1.0B to $1.2BDec 20, 2023 to Dec 3, 2024
- HNW RAUM · $623M to $820MDec 20, 2023 to Dec 3, 2024
- Individual RAUM · $175M to $167MDec 20, 2023 to Dec 3, 2024
- Pension RAUM · $94.6M to $58.1MDec 20, 2023 to Dec 3, 2024
- RAUM · $1.0B to $1.2BDec 20, 2023 to Dec 3, 2024
- Accounts · 839 to 870Oct 31, 2022 to Nov 20, 2023
- Advisory employees · 8 to 7Oct 31, 2022 to Nov 20, 2023
- Charity clients · 16 to 17Oct 31, 2022 to Nov 20, 2023
- HNW clients · 188 to 208Oct 31, 2022 to Nov 20, 2023
- Individual clients · 618 to 624Oct 31, 2022 to Nov 20, 2023
- Pension plan clients · 9 to 13Oct 31, 2022 to Nov 20, 2023
- Employees · 8 to 7Oct 31, 2022 to Nov 20, 2023
- State-registered IARs · 8 to 7Oct 31, 2022 to Nov 20, 2023
- Discretionary RAUM · $894M to $1.0BOct 31, 2022 to Nov 20, 2023
- HNW RAUM · $527M to $623MOct 31, 2022 to Nov 20, 2023
- Individual RAUM · $173M to $175MOct 31, 2022 to Nov 20, 2023
- Pension RAUM · $77.6M to $94.6MOct 31, 2022 to Nov 20, 2023
- RAUM · $894M to $1.0BOct 31, 2022 to Nov 20, 2023
- Accounts · 775 to 839Jun 27, 2022 to Oct 31, 2022
Signals
No event on the tape.
Across DFX
shared identifiers only, never a name match
No identifier-backed link to the venture, private equity, family office or sponsor graphs.
How to reach
public business contact points only, each with its source
- Business email
- bebancker@capinv.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- bebodus@capinv.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- mkpotter@capinv.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- mwcarlson@capinv.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business email
- slmuzzey@capinv.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 800-345-6462reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- linkedin.com/company/capital-investment-servicesreportedpublic record, Form ADV, Sep 17, 2026
- Website
- CAPINV.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 414-278-7744reportedpublic record, Form ADV, Dec 16, 2025
- Contact form
- capinv.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- capinv.com/teamreportedpublished by the firm, firm site, Sep 15, 2026
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
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $146Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026