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 Advisors, Ltd., LLC
Latest filing Aug 27, 2026
First filing on the tape Jan 31, 2012 · 46 filings
SEC status approved since Jun 10, 2010
RAUM
$1.4B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
95%
$1.3B individuals and HNW
Advisors
11
registered through the firm on IAPD
RAUM per advisor
$124M
derived; firm RAUM over IAPD count
Employees
14
11 advisory (5.B.1)
Offices
10
beyond the principal office
Private funds
0
reported on Schedule D
History
46 filings and snapshots on the tape
RAUM$1.4B as of Aug 27, 2026
Jan 31, 2012$311M then
HNW client RAUM$1.2B as of Aug 27, 2026
Mar 23, 2018$597M then
State-registered IARs (5.B.3)11 as of Aug 27, 2026
Jan 31, 20120 then
Employees (5.A)14 as of Aug 27, 2026
Mar 13, 201312 then
Private funds: no history
RAUM +9.7% over the last fiscal year+13% a year over threeIARs 10 to 11
Practice profile
derived from the filing of Aug 27, 2026; every figure names its basis
- RAUM per advisor
- $124MderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- 96derivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- $2.0MderivedHNW RAUM over HNW clients
- Average account
- $1.2MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 100%derivedof RAUM
- Institutional
- 3.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- 1.3derivedItem 5.A over advisors
- Advisors per office
- 1.0derived11 offices incl. principal (1.F.5)
- RAUM growth, one year
- +9.7%derivedbetween the last two annual amendments
- Advisor growth, one year
- +10%derivedItem 5.B.3 between annual amendments
- Client growth, one year
- +4.3%derived
- Compensation
- percentage of assets, hourly, fixed feesreportedItem 5.E
- Advisory activities
- financial planning, portfolio management for individuals, portfolio management for businesses and institutionsreportedItem 5.G
- Custody
- $335M, 79 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)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- High-net-worth individuals$1.2B89%
- Individuals$83.4M6.1%
- Pension and profit-sharing plans$29.8M2.2%
- Corporations and businesses$24.2M1.8%
- Charitable organizations$10.8M0.8%
- Individual clients
- 461reported
- HNW clients
- 597reported
- Pension plan clients
- 28reported
- Charitable clients
- 7reported
- Accounts
- 1,106reported
- Financial planning clients
- 101-250reported
- Wrap fee programs
- noreported
- Custody of client assets
- $335M for 79 clientsreported
- Compensation
- % of AUM, fixed, hourlyreported
- Class basis
- private_client_share=0.95 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=12.0derived
Advisors registered through the firm
11 on IAPD today, longest tenure first
| Name | Branch | Here since | In industry | Prior firms |
|---|---|---|---|---|
| Mark Anthony Ciulla | Aurora, Oh | Jun 10, 2010 | 40 y | 1 |
| Mary Therese KozarCertified Financial Planner | Westake, Oh | Jun 11, 2010 | 16 y | 0 |
| Robert Michael HolubCertified Financial Planner, Chartered Financial Analyst | Brecksville, Oh | Jun 11, 2010 | 23 y | 1 |
| Melissa Sue CostelloCertified Financial Planner | Stow, Oh | Jun 17, 2010 | 24 y | 0 |
| Zachary Alan AbramsCertified Financial Planner | Shaker Heights, Oh | Jun 17, 2010 | 20 y | 2 |
| Patrick T (Mi Only) HanrattyCertified Financial Planner | Willoughby Hills, Oh | Jun 18, 2010 | 33 y | 1 |
| Neil Ray WaxmanCertified Financial Planner | Pepper Pike, Oh | Jun 18, 2010 | 43 y | 1 |
| Daniel John ObrienCertified Financial Planner | Rocky River, Oh | Sep 28, 2011 | 17 y | 3 |
| Nathan Price CrevistonCertified Financial Planner, Chartered Financial Consultant | Cleveland Heights, Oh | Sep 4, 2018 | 10 y | 0 |
| Jacob BauccoCertified Financial Planner | Shaker Heights, Oh | Apr 24, 2024 | 14 y | 0 |
| Erin Donahue | Shaker Heights, Oh | Sep 18, 2025 | 21 y | 1 |
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
- Aaron Durda to Northwestern Mutual Investment Services,LLCMar 1, 2023 · Other
Joined, latest
- Aaron Durda from Lincoln InvestmentJul 23, 2022 · RIA to RIA
- Daniel John Obrien from Nca Financial PlannersSep 28, 2011 · Other
- Patrick T (Mi Only) Hanratty from Cincinnati Analysts, IncJun 18, 2010 · Other
- Neil Ray Waxman from Cincinnati Analysts, IncJun 18, 2010 · Other
- Zachary Alan Abrams from Cincinnati Analysts, IncJun 17, 2010 · Other
- Robert Michael Holub from Cincinnati Analysts, IncJun 11, 2010 · Other
- Mark Anthony Ciulla from Cincinnati Analysts, IncJun 10, 2010 · Other
Private funds
No private fund reported.
Owners and control persons
Schedule A and B, latest filing
- Anthony Mark Ciulla · Chief Compliance Officer, Managing Director, And Co- Managing Membercontrolsince 04/2010 · owns 50% to 75%
- T (Mi Only) Patrick Hanratty · Managing Director, And Elected Co-Managing Membercontrolsince 04/2010 · owns less than 5%
- Ray Neil Waxman · Managing Director, And Co- Managing Membercontrolsince 04/2010 · owns 50% to 75%
Related persons
Schedule D 7.A
Office movement
IAPD branch city; joins and departures in 12 months
| Office | Advisors | Joined | Left | Teams out | Forming |
|---|---|---|---|---|---|
| Shaker Heights, Oh · principal | 11 | 1 | 0 | ||
| Aurora, Oh | 2 | 1 | 0 | ||
| Rocky River, Oh | 2 | 0 | 0 |
Offices
Schedule D 1.F, the 25 largest
- , 1 employees
What changed
consecutive filings, newest first
- Accounts · 1,045 to 1,106Dec 17, 2025 to Mar 13, 2026
- HNW clients · 532 to 597Dec 17, 2025 to Mar 13, 2026
- Individual clients · 482 to 461Dec 17, 2025 to Mar 13, 2026
- Pension plan clients · 11 to 28Dec 17, 2025 to Mar 13, 2026
- Assets in custody · $493M to $335MDec 17, 2025 to Mar 13, 2026
- State-registered IARs · 10 to 11Dec 17, 2025 to Mar 13, 2026
- Discretionary RAUM · $1.2B to $1.4BDec 17, 2025 to Mar 13, 2026
- HNW RAUM · $1.1B to $1.2BDec 17, 2025 to Mar 13, 2026
- Individual RAUM · $85.2M to $83.4MDec 17, 2025 to Mar 13, 2026
- Non-discretionary RAUM · $670,542 to $821,986Dec 17, 2025 to Mar 13, 2026
- Pension RAUM · $18.8M to $29.8MDec 17, 2025 to Mar 13, 2026
- RAUM · $1.2B to $1.4BDec 17, 2025 to Mar 13, 2026
- Accounts · 995 to 1,045Oct 28, 2024 to Apr 4, 2025
- Corporate clients · 14 to 13Oct 28, 2024 to Apr 4, 2025
- HNW clients · 485 to 532Oct 28, 2024 to Apr 4, 2025
- Individual clients · 476 to 482Oct 28, 2024 to Apr 4, 2025
- Assets in custody · $244M to $493MOct 28, 2024 to Apr 4, 2025
- Financial planning clients · 101-250 to 101-250Oct 28, 2024 to Apr 4, 2025
- State-registered IARs · 9 to 10Oct 28, 2024 to Apr 4, 2025
- Discretionary RAUM · $1.1B to $1.2BOct 28, 2024 to Apr 4, 2025
- HNW RAUM · $1.0B to $1.1BOct 28, 2024 to Apr 4, 2025
- Individual RAUM · $85.2M to $85.2MOct 28, 2024 to Apr 4, 2025
- Non-discretionary RAUM · $595,413 to $670,542Oct 28, 2024 to Apr 4, 2025
- Pension RAUM · $16.2M to $18.8MOct 28, 2024 to Apr 4, 2025
- RAUM · $1.1B to $1.2BOct 28, 2024 to Apr 4, 2025
- Other offices · 0 to 10Mar 29, 2024 to Oct 28, 2024
- Accounts · 944 to 995Oct 24, 2023 to Mar 25, 2024
- Advisory employees · 10 to 11Oct 24, 2023 to Mar 25, 2024
- BD registered reps · 11 to 12Oct 24, 2023 to Mar 25, 2024
- Charity clients · 6 to 7Oct 24, 2023 to Mar 25, 2024
- Corporate clients · 12 to 14Oct 24, 2023 to Mar 25, 2024
- HNW clients · 454 to 485Oct 24, 2023 to Mar 25, 2024
- Individual clients · 461 to 476Oct 24, 2023 to Mar 25, 2024
- Pooled vehicle clients · 0.0 to unsetOct 24, 2023 to Mar 25, 2024
- Assets in custody · $179M to $244MOct 24, 2023 to Mar 25, 2024
- Employees · 13 to 14Oct 24, 2023 to Mar 25, 2024
- State-registered IARs · 10 to 9Oct 24, 2023 to Mar 25, 2024
- Discretionary RAUM · $956M to $1.1BOct 24, 2023 to Mar 25, 2024
- HNW RAUM · $840M to $1.0BOct 24, 2023 to Mar 25, 2024
- Individual RAUM · $80.8M to $85.2MOct 24, 2023 to Mar 25, 2024
Signals
3 dated events
- Capital Advisors, Ltd., Llc reported 10 offices beyond its principal office, up from 0 (2024-03-29 to 2024-10-28)Oct 28, 2024 · Office count change · derived
- Aaron Durda left Capital Advisors, Ltd., Llc for Northwestern Mutual Investment Services,Llc (registered 2023-07-18)Mar 1, 2023 · Advisor changed firm · fact
- Capital Advisors, Ltd., Llc reported RAUM $1.1B, up 26% from $856.2M (2021-10-22 to 2022-03-24)Mar 24, 2022 · 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 email
- info@capitaladvisorsltd.comreportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 216-295-7900reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 216-295-8300reportedpublished by the firm, firm site, Sep 15, 2026
- Business phone
- 888-295-7908reportedpublished by the firm, firm site, Sep 15, 2026
- Firm profile
- LINKEDIN.COM/COMPANY/CAPITAL-ADVISORS-LTDreportedpublic record, Form ADV, Sep 17, 2026
- Website
- CAPITALADVISORSLTD.COMreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 216-295-7900reportedpublic record, Form ADV, Aug 27, 2026
- Contact form
- capitaladvisorsltd.com/contact-usreportedpublished by the firm, firm site, Sep 15, 2026
- Team page
- capitaladvisorsltd.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
- Independent wealth managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- $124Mderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026