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
Capsouth Wealth Management
Legal name Capsouth Partners, Inc.
Latest filing Mar 25, 2026
First filing on the tape Mar 30, 2012 · 23 filings
SEC status approved since Sep 10, 2004
RAUM
$1.0B
reported, Item 5.F
Discretionary
44%
of RAUM
Private clients
44%
$437M individuals and HNW
Advisors
11
registered through the firm on IAPD
RAUM per advisor
$91.0M
derived; firm RAUM over IAPD count
Employees
22
13 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
0
reported on Schedule D
History
23 filings and snapshots on the tape
RAUM$1.0B as of Mar 25, 2026
Mar 30, 2012$68.8M then
HNW client RAUM$354M as of Mar 25, 2026
Mar 27, 2018$84.5M then
State-registered IARs (5.B.3)13 as of Mar 25, 2026
Mar 30, 20120 then
Employees (5.A)22 as of Mar 25, 2026
Mar 28, 201315 then
Private funds: no history
RAUM +13% over the last fiscal year+15% a year over threeIARs 11 to 13offices 5 to 4
Practice profile
derived from the filing of Mar 25, 2026; every figure names its basis
Archetypes, each a printed rule
- Dual wealth and asset manager · private-client share 20 to 60 percent and fund or institutional share at least 30 percent
- OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- RAUM per advisor
- $91.0MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 30derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.9MderivedHNW RAUM over HNW clients
- Average account
- $705,119derivedRAUM over accounts (5.F.2.f)
- Discretionary
- 44%derivedof RAUM
- Institutional
- 54%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 2.0derivedItem 5.A over advisors
- Advisors per office
- 2.2derived5 offices incl. principal (1.F.5)
- RAUM growth, one year
- +13%derivedbetween the last two annual amendments
- Advisor growth, one year
- +18%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- -3.5%derived
- Compensation
- percentage of assets, hourly, fixed fees, otherreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutions, pension consulting, selection of other advisers, educational seminars, otherreportedItem 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
- is an insurance broker or agent (6.A.6)
- 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)
- marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pension and profit-sharing plans$537M54%
- High-net-worth individuals$354M35%
- Individuals$83.5M8.3%
- Corporations and businesses$25.3M2.5%
- Charitable organizations$2.2M0.2%
- Individual clients
- 209reported
- HNW clients
- 121reported
- Pension plan clients
- 31reported
- Charitable clients
- 5reported
- Accounts
- 1,420reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- noreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.44 fund_share=0.0 institutional_share=0.54 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
11 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Marshall Paul Bolden | Dothan, Al | Oct 6, 2004 | 25 y | 2 |
| Anthony Brian Mccallister | Dothan, Al | Sep 17, 2008 | 19 y | 0 |
| Paul Lewis Robinson | Dothan, Al | Jul 20, 2012 | 14 y | 0 |
| Scott Fain McdowallCertified Financial Planner | Blairsville, Ga | Jun 28, 2016 | 10 y | 0 |
| Jennifer Greer FensleyCertified Financial Planner | Dothan, Al | May 9, 2017 | 12 y | 0 |
| Allison Suzanne DotyCertified Financial Planner | Dothan, Al | Aug 11, 2020 | 12 y | 0 |
| Peter Joseph Ramsey | Dothan, Al | Nov 7, 2021 | 12 y | 1 |
| Emily Louise Dougherty | Dothan, Al | Sep 25, 2025 | 11 y | 0 |
| Robert Dean Galloway | Covington, Ga | Oct 1, 2025 | 11 y | 0 |
| Braxton Scot Pettey | Dothan, Al | Oct 2, 2025 | 11 y | 0 |
| Christopher Kevin KellyCertified Financial Planner | Dothan, Al | Oct 17, 2025 | 24 y | 4 |
Advisor movement
0 left, 1 joined in 12 months
net +1 in 12 months0 left in 90 days0 joined in 90 daysdeparture rate 0.0% of current headcount1 left over 36 months
Left, latest
- Brack Avery Register to Raymond James Financial Services Advisors, IncMay 27, 2025 · RIA to affiliated broker-dealer or bank
- Richard King Dubois to Dubois Wealth Management, LLCJun 4, 2020 · RIA to a state-registered adviser
- George Collins Mcclintock to Merrill Lynch, Pierce, Fenner & Smith IncorporatedMar 2, 2007 · Other
Joined, latest
- Christopher Kevin Kelly from LPL Financial LLCOct 17, 2025 · Other
- Peter Joseph Ramsey from Merrill Lynch, Pierce, Fenner & Smith IncorporatedNov 7, 2021 · Wirehouse to independent RIA
- George Collins Mcclintock from Wells Fargo AdvisorsOct 6, 2004 · Other
- Marshall Paul Bolden from Wells Fargo AdvisorsOct 6, 2004 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- S Kara Armstrong · Coocontrolsince 10/2019 · owns less than 5%
- Paul Donald Bolden · Founder & Chairmancontrolsince 03/2002 · owns 50% to 75%
- Paul Marshall Bolden · Ceo & Ccocontrolsince 01/2025 · owns 10% to 25%
- Greer Jennifer Fensley · President Ownercontrolsince 01/2025 · owns 5% to 10%
- Brian Anthony Mccallister · Retirement Plan Advisor & Ownersince 10/2019 · owns 5% to 10%
Related persons
Schedule D 7.A
- Anthony Mccallistery
- P. Lewis Robinsoninsurancey
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Dothan, Al · principal | 11 | 4 | 0 |
Offices
Schedule D 1.F, the 25 largest
- Mcdonough, GA4 employees
- Dothan, AL3 employees
- Atlanta, GA2 employees
- Blairsville, GA1 employees
- Huntersville, NC1 employees
ADV anomalies
1 against comparable advisers; where to look, not conclusions
- control person changedChange between filings · filing Mar 25, 2026Fensley, Jennifer, Greer (PRESIDENT OWNER) appeared on Schedule A between the filings of 2020-02-22 and 2026-03-25peers: independent wealth managers, $1B to $5B (1,360)
What changed
consecutive filings, newest first
- Accounts · 1,509 to 1,420Mar 28, 2025 to Mar 25, 2026
- Advisory employees · 11 to 13Mar 28, 2025 to Mar 25, 2026
- Corporate clients · 5 to 7Mar 28, 2025 to Mar 25, 2026
- HNW clients · 112 to 121Mar 28, 2025 to Mar 25, 2026
- Individual clients · 230 to 209Mar 28, 2025 to Mar 25, 2026
- Employees · 21 to 22Mar 28, 2025 to Mar 25, 2026
- State-registered IARs · 11 to 13Mar 28, 2025 to Mar 25, 2026
- Other offices · 5 to 4Mar 28, 2025 to Mar 25, 2026
- Discretionary RAUM · $394M to $437MMar 28, 2025 to Mar 25, 2026
- HNW RAUM · $337M to $354MMar 28, 2025 to Mar 25, 2026
- Individual RAUM · $81.0M to $83.5MMar 28, 2025 to Mar 25, 2026
- Non-discretionary RAUM · $490M to $564MMar 28, 2025 to Mar 25, 2026
- Pension RAUM · $463M to $537MMar 28, 2025 to Mar 25, 2026
- RAUM · $884M to $1.0BMar 28, 2025 to Mar 25, 2026
- Accounts · 1,610 to 1,509Mar 27, 2024 to Mar 28, 2025
- Corporate clients · 9 to 5Mar 27, 2024 to Mar 28, 2025
- HNW clients · 96 to 112Mar 27, 2024 to Mar 28, 2025
- Individual clients · 257 to 230Mar 27, 2024 to Mar 28, 2025
- Pension plan clients · 34 to 31Mar 27, 2024 to Mar 28, 2025
- Financial planning clients · 101-250 to 101-250Mar 27, 2024 to Mar 28, 2025
- Discretionary RAUM · $323M to $394MMar 27, 2024 to Mar 28, 2025
- HNW RAUM · $255M to $337MMar 27, 2024 to Mar 28, 2025
- Individual RAUM · $81.8M to $81.0MMar 27, 2024 to Mar 28, 2025
- Non-discretionary RAUM · $440M to $490MMar 27, 2024 to Mar 28, 2025
- Pension RAUM · $422M to $463MMar 27, 2024 to Mar 28, 2025
- RAUM · $763M to $884MMar 27, 2024 to Mar 28, 2025
- Accounts · 1,679 to 1,610Jun 22, 2023 to Mar 27, 2024
- Advisory employees · 10 to 11Jun 22, 2023 to Mar 27, 2024
- Charity clients · 4 to 5Jun 22, 2023 to Mar 27, 2024
- Corporate clients · 5 to 9Jun 22, 2023 to Mar 27, 2024
- HNW clients · 83 to 96Jun 22, 2023 to Mar 27, 2024
- Individual clients · 294 to 257Jun 22, 2023 to Mar 27, 2024
- Pension plan clients · 35 to 34Jun 22, 2023 to Mar 27, 2024
- Employees · 22 to 21Jun 22, 2023 to Mar 27, 2024
- State-registered IARs · 10 to 11Jun 22, 2023 to Mar 27, 2024
- Discretionary RAUM · $277M to $323MJun 22, 2023 to Mar 27, 2024
- HNW RAUM · $206M to $255MJun 22, 2023 to Mar 27, 2024
- Individual RAUM · $88.9M to $81.8MJun 22, 2023 to Mar 27, 2024
- Non-discretionary RAUM · $384M to $440MJun 22, 2023 to Mar 27, 2024
- Pension RAUM · $363M to $422MJun 22, 2023 to Mar 27, 2024
Signals
3 dated events
- Brack Avery Register left Capsouth Wealth Management for Raymond James Financial Services Advisors, Inc (registered 2025-06-03)May 27, 2025 · Advisor changed firm · fact
- S Kara Armstrong (Coo) appeared on Schedule A of Capsouth Wealth ManagementFeb 22, 2020 · Control person joined · fact
- Capsouth Wealth Management reported RAUM $455.4M, down 39% from $748.8M (2018-03-27 to 2019-03-25)Mar 25, 2019 · 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.
How to reach
public business contact points only, each with its source
- Business phone
- 334-673-8600reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 678-272-7555reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 704-705-8797reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/CAPSOUTH-PARTNERSreportedpublic record, Form ADV, Sep 17, 2026
- Website
- CAPSOUTHWM.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 334.673.8600reportedpublic record, Form ADV, Mar 25, 2026
- Contact form
- CAPSOUTHWM.COM/connect-with-usreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- CAPSOUTHWM.COM/our-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
- Wealth manager with institutional or fund businessderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $91.0Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026