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 Wealth Management Group, LLC

Independent wealth managerBend, OregonCRD 128097SEC 801-66144websiteIAPD
Latest filing Jul 29, 2026
First filing on the tape Nov 15, 2011 · 27 filings
SEC status approved since Feb 1, 2006
RAUM
$266M
reported, Item 5.F
Discretionary
82%
of RAUM
Private clients
100%
$266M individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
6
5 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
27 filings and snapshots on the tape
RAUM$266M as of Jul 29, 2026
Mar 27, 2012$91.5M then
HNW client RAUM$208M as of Jul 29, 2026
Mar 31, 2018$36.2M then
State-registered IARs (5.B.3)6 as of Jul 29, 2026
Mar 20, 20136 then
Employees (5.A)6 as of Jul 29, 2026
Mar 20, 20136 then
Private funds: no history
RAUM +14% over the last fiscal year+13% a year over threeIARs 6 to 6offices 2 to 0
Practice profile
derived from the filing of Jul 29, 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
RAUM per advisor
$44.3MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
49derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$2.5MderivedHNW RAUM over HNW clients
Average account
$371,066derivedRAUM over accounts (5.F.2.f)
Discretionary
82%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.0derivedItem 5.A over advisors
Advisors per office
6.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
+14%derivedbetween the last two annual amendments
Advisor growth, one year
+0.0%derivedItem 5.B.3 between annual amendments
Client growth, one year
-10%derived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, pension consulting, selection of other advisersreportedItem 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)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • High-net-worth individuals$208M78%
  • Individuals$58.5M22%
Individual clients
212reported
HNW clients
83reported
Pension plan clients
n/areported
Charitable clients
n/areported
Accounts
717reported
Financial planning clients
0reported
Wrap fee programs
noreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=1.0 fund_share=0.0 institutional_share=0.0 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
1 left, 0 joined in 12 months
net -1 in 12 months1 left in 90 days0 joined in 90 days1 left over 36 months
Left, latest
Joined, latest
Teams: two or more advisors moving together within fourteen days, from one state
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • Michael James Conrads · Managing Member/Principalcontrol
      since 03/2009 · owns 75% or more
    • John Kevin Serrapede · Chief Compliance Officercontrol
      since 10/2006 · 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
    OfficeAdvisorsJoinedLeftTeams outForming
    Bend, Or · principal001
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Other offices · 2 to 0
      Mar 11, 2026 to Jul 29, 2026
    • Accounts · 708 to 717
      Jul 11, 2025 to Mar 11, 2026
    • HNW clients · 98 to 83
      Jul 11, 2025 to Mar 11, 2026
    • Individual clients · 231 to 212
      Jul 11, 2025 to Mar 11, 2026
    • Discretionary RAUM · $197M to $218M
      Jul 11, 2025 to Mar 11, 2026
    • HNW RAUM · $154M to $208M
      Jul 11, 2025 to Mar 11, 2026
    • Individual RAUM · $78.7M to $58.5M
      Jul 11, 2025 to Mar 11, 2026
    • Non-discretionary RAUM · $35.9M to $47.7M
      Jul 11, 2025 to Mar 11, 2026
    • RAUM · $233M to $266M
      Jul 11, 2025 to Mar 11, 2026
    • Advisory employees · 4 to 5
      May 19, 2025 to Jul 11, 2025
    • Financial planning clients · 0 to 0
      May 19, 2025 to Jul 11, 2025
    • Accounts · 713 to 708
      Dec 10, 2024 to Apr 30, 2025
    • HNW clients · 80 to 98
      Dec 10, 2024 to Apr 30, 2025
    • Individual clients · 146 to 231
      Dec 10, 2024 to Apr 30, 2025
    • Employees · 4 to 6
      Dec 10, 2024 to Apr 30, 2025
    • State-registered IARs · 4 to 6
      Dec 10, 2024 to Apr 30, 2025
    • Other offices · 0 to 2
      Dec 10, 2024 to Apr 30, 2025
    • Discretionary RAUM · $168M to $197M
      Dec 10, 2024 to Apr 30, 2025
    • HNW RAUM · $151M to $154M
      Dec 10, 2024 to Apr 30, 2025
    • Individual RAUM · $53.8M to $78.7M
      Dec 10, 2024 to Apr 30, 2025
    • Non-discretionary RAUM · $36.9M to $35.9M
      Dec 10, 2024 to Apr 30, 2025
    • RAUM · $205M to $233M
      Dec 10, 2024 to Apr 30, 2025
    • Accounts · 278 to 713
      Apr 6, 2023 to Mar 31, 2024
    • HNW clients · 82 to 80
      Apr 6, 2023 to Mar 31, 2024
    • Individual clients · 196 to 146
      Apr 6, 2023 to Mar 31, 2024
    • Discretionary RAUM · $152M to $168M
      Apr 6, 2023 to Mar 31, 2024
    • HNW RAUM · $129M to $151M
      Apr 6, 2023 to Mar 31, 2024
    • Individual RAUM · $55.1M to $53.8M
      Apr 6, 2023 to Mar 31, 2024
    • Non-discretionary RAUM · $32.3M to $36.9M
      Apr 6, 2023 to Mar 31, 2024
    • RAUM · $184M to $205M
      Apr 6, 2023 to Mar 31, 2024
    • Related insurance company · false to true
      Apr 6, 2023 to Mar 31, 2024
    • Accounts · 267 to 278
      Mar 31, 2022 to Mar 28, 2023
    • HNW clients · 104 to 82
      Mar 31, 2022 to Mar 28, 2023
    • Individual clients · 163 to 196
      Mar 31, 2022 to Mar 28, 2023
    • Discretionary RAUM · $161M to $152M
      Mar 31, 2022 to Mar 28, 2023
    • HNW RAUM · $160M to $129M
      Mar 31, 2022 to Mar 28, 2023
    • Individual RAUM · $39.1M to $55.1M
      Mar 31, 2022 to Mar 28, 2023
    • Non-discretionary RAUM · $38.4M to $32.3M
      Mar 31, 2022 to Mar 28, 2023
    • RAUM · $199M to $184M
      Mar 31, 2022 to Mar 28, 2023
    • Accounts · 670 to 267
      Apr 1, 2021 to Mar 31, 2022
    Signals
    2 dated events
    • Joseph John Serrapede left Capstone Wealth Management Group, Llc for Northwind Financial Llc (registered 2026-07-07)
      Jul 28, 2026 · Advisor changed firm · fact
    • Capstone Wealth Management Group, LLC's advisors moved to Capstone Wealth Management Group, Inc. (Bend, OR): 5 of 7 registered, on the same day
      Jul 28, 2026 · Firm absorbed (people side) · derived
    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
    Principal office phone
    541-330-0266reportedpublic record, Form ADV, Dec 10, 2024
    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
    n/aderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026