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

Capstone Capital Wealth Advisors

Independent wealth managerHenderson, NevadaCRD 123764SEC 801-108040websiteIAPD
Legal name Capstone Capital LLC
Latest filing Jul 7, 2026
First filing on the tape Mar 29, 2012 · 39 filings
SEC status approved since Aug 4, 2016
RAUM
$408M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
88%
$358M individuals and HNW
Advisors
5
registered through the firm on IAPD
RAUM per advisor
$81.7M
derived; firm RAUM over IAPD count
Employees
5
3 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
39 filings and snapshots on the tape
RAUM$408M as of Jul 7, 2026
Mar 29, 2012$59.4M then
HNW client RAUM$309M as of Jul 7, 2026
Mar 16, 2018$96.3M then
State-registered IARs (5.B.3)5 as of Jul 7, 2026
Mar 23, 20174 then
Employees (5.A)5 as of Jul 7, 2026
Mar 23, 20175 then
Private funds: no history
RAUM +13% over the last fiscal year+9.2% a year over threeIARs 4 to 5
Practice profile
derived from the filing of Jul 7, 2026; 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
$81.7MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
40derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.4MderivedHNW RAUM over HNW clients
Average account
$741,229derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.5%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
5.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+13%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-0.5%derived
Compensation
percentage of assets, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individualsreportedItem 5.G
Custody
$168M, 131 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
  • 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)
  • 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$309M76%
  • Individuals$49.1M12%
  • Banks and thrifts$48.7M12%
  • Charitable organizations$2.2M0.5%
Individual clients
106reported
HNW clients
92reported
Pension plan clients
n/areported
Charitable clients
1reported
Accounts
551reported
Financial planning clients
11-25reported
Wrap fee programs
noreported
Custody of client assets
$168M for 131 clientsreported
Compensation
% of AUM, fixedreported
Class basis
private_client_share=0.88 fund_share=0.0 institutional_share=0.01 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
5 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Ronald Kay LeavittHenderson, NvApr 8, 200940 y3
Adam Moroni DawsonCertified Financial PlannerHenderson, NvMay 26, 201625 y4
Adam Mcnitt CressHenderson, NvApr 11, 202410 y1
Adam Moisson CorrieHenderson, NvJul 7, 202517 y0
Eric Edgar SorensonHenderson, NvJul 2, 202612 y1
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days1 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
Joined, latest
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
  • Moroni Adam Dawson · Principal / Chief Compliance Officercontrol
    since 12/2021 · owns less than 5%
  • Kay Ronald Leavitt · Principalcontrol
    since 12/2021 · owns less than 5%
  • Moroni Adam Dawson · Managing Membercontrol
    since 12/2021 · owns 75% or more of Dawson Holdings LLC
  • Kay Ronald Leavitt · Managing Membercontrol
    since 12/2021 · owns 75% or more of Leavitt Holdings LLC
Entity owners
  • Dawson Holdings LLC · Owner
    direct · owns 25% to 50%
  • Leavitt Holdings LLC · Owner
    direct · owns 50% to 75%
Related persons
Schedule D 7.A
No related person reported.
Office movement
IAPD branch city; joins and departures in 12 months
OfficeAdvisorsJoinedLeftTeams outForming
Henderson, Nv · principal510
Offices
Schedule D 1.F, the 25 largest
No branch office listed.
What changed
consecutive filings, newest first
  • Advisory employees · 2 to 3
    Feb 24, 2026 to Jul 7, 2026
  • Employees · 4 to 5
    Feb 24, 2026 to Jul 7, 2026
  • State-registered IARs · 4 to 5
    Feb 24, 2026 to Jul 7, 2026
  • Accounts · 537 to 551
    Nov 18, 2025 to Feb 24, 2026
  • Advisory employees · 3 to 2
    Nov 18, 2025 to Feb 24, 2026
  • HNW clients · 90 to 92
    Nov 18, 2025 to Feb 24, 2026
  • Individual clients · 109 to 106
    Nov 18, 2025 to Feb 24, 2026
  • Assets in custody · $144M to $168M
    Nov 18, 2025 to Feb 24, 2026
  • Employees · 6 to 4
    Nov 18, 2025 to Feb 24, 2026
  • Discretionary RAUM · $360M to $408M
    Nov 18, 2025 to Feb 24, 2026
  • HNW RAUM · $269M to $309M
    Nov 18, 2025 to Feb 24, 2026
  • Individual RAUM · $42.4M to $49.1M
    Nov 18, 2025 to Feb 24, 2026
  • RAUM · $360M to $408M
    Nov 18, 2025 to Feb 24, 2026
  • Accounts · 578 to 537
    Jan 3, 2025 to Mar 13, 2025
  • Advisory employees · 4 to 3
    Jan 3, 2025 to Mar 13, 2025
  • Charity clients · 2 to 1
    Jan 3, 2025 to Mar 13, 2025
  • HNW clients · 97 to 90
    Jan 3, 2025 to Mar 13, 2025
  • Individual clients · 153 to 109
    Jan 3, 2025 to Mar 13, 2025
  • Assets in custody · $133M to $144M
    Jan 3, 2025 to Mar 13, 2025
  • Employees · 5 to 6
    Jan 3, 2025 to Mar 13, 2025
  • Financial planning clients · 11-25 to 11-25
    Jan 3, 2025 to Mar 13, 2025
  • State-registered IARs · 5 to 4
    Jan 3, 2025 to Mar 13, 2025
  • Discretionary RAUM · $321M to $360M
    Jan 3, 2025 to Mar 13, 2025
  • HNW RAUM · $233M to $269M
    Jan 3, 2025 to Mar 13, 2025
  • Individual RAUM · $41.5M to $42.4M
    Jan 3, 2025 to Mar 13, 2025
  • RAUM · $321M to $360M
    Jan 3, 2025 to Mar 13, 2025
  • Advisory employees · 2 to 4
    Mar 26, 2024 to Apr 16, 2024
  • Employees · 3 to 5
    Mar 26, 2024 to Apr 16, 2024
  • State-registered IARs · 3 to 5
    Mar 26, 2024 to Apr 16, 2024
  • Accounts · 732 to 578
    Sep 29, 2023 to Mar 26, 2024
  • Advisory activities · 3 to 2
    Sep 29, 2023 to Mar 26, 2024
  • HNW clients · 86 to 97
    Sep 29, 2023 to Mar 26, 2024
  • Individual clients · 235 to 153
    Sep 29, 2023 to Mar 26, 2024
  • Assets in custody · $153M to $133M
    Sep 29, 2023 to Mar 26, 2024
  • Employees · 5 to 3
    Sep 29, 2023 to Mar 26, 2024
  • Discretionary RAUM · $314M to $321M
    Sep 29, 2023 to Mar 26, 2024
  • HNW RAUM · $221M to $233M
    Sep 29, 2023 to Mar 26, 2024
  • Individual RAUM · $52.2M to $41.5M
    Sep 29, 2023 to Mar 26, 2024
  • RAUM · $314M to $321M
    Sep 29, 2023 to Mar 26, 2024
  • Advisory employees · 3 to 2
    May 17, 2023 to Jul 11, 2023
Signals
10 dated events
  • Ryan Patrick Mack left Capstone Capital Wealth Advisors for Clark Asset Management, Llc (registered 2025-04-22)
    Mar 6, 2025 · Advisor changed firm · fact
  • Leigh Jennifer Johns (Chief Compliance Officer) no longer on Schedule A of Capstone Capital Wealth Advisors (listed 2024-04-16, absent 2024-09-03)
    Sep 3, 2024 · Control person left · inference
  • Kyle Wade Price left Capstone Capital Wealth Advisors for Cambridge Investment Research Advisors, Inc. (registered 2023-08-30)
    Jul 11, 2023 · Advisor changed firm · fact
  • Leigh Jennifer Johns (Chief Compliance Officer) appeared on Schedule A of Capstone Capital Wealth Advisors
    May 17, 2023 · Control person joined · fact
  • S Jacqueline Benjamin (Chief Compliance Officer) no longer on Schedule A of Capstone Capital Wealth Advisors (listed 2022-09-28, absent 2022-11-28)
    Nov 28, 2022 · Control person left · inference
  • Jacqueline S Benjamin Hatherley left Capstone Capital Wealth Advisors for The Retirement Solutions Group (registered 2022-12-01)
    Oct 31, 2022 · Advisor changed firm · fact
  • Alexi Howie left Capstone Capital Wealth Advisors for Cambridge Investment Research Advisors, Inc. (registered 2022-08-22)
    Aug 23, 2022 · Advisor changed firm · fact
  • Lynn Jeffrey Burr (Co-Founder) no longer on Schedule A of Capstone Capital Wealth Advisors (listed 2022-01-05, absent 2022-02-01)
    Feb 1, 2022 · Control person left · inference
  • S Jacqueline Benjamin (Chief Compliance Officer) appeared on Schedule A of Capstone Capital Wealth Advisors
    Feb 1, 2022 · Control person joined · fact
  • Capstone Capital Group filed its initial SEC registration (Form ADV)
    Jun 22, 2016 · First SEC registration · fact
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 phone
702-433-7588reportedpublished by the firm, firm site, Sep 15, 2026
Firm profile
LINKEDIN.COM/COMPANY/2829845reportedpublic record, Form ADV, Sep 17, 2026
Website
CAPSTONECAP.COMreportedpublic record, Form ADV, Sep 17, 2026
Principal office phone
702-433-7588reportedpublic record, Form ADV, Jul 7, 2026
Contact form
capstonecap.com/contactreportedpublished by the firm, firm site, Sep 15, 2026
Team page
capstonecap.com/who-we-arereportedpublished 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
$81.7Mderivedfirm RAUM over the IAPD count; not a book size
Loaded
Sep 14, 2026