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 Wealth, LLC

Independent wealth managerLehi, UtahCRD 289574SEC 801-137067websiteIAPD
Latest filing Sep 11, 2026
First filing on the tape Jul 13, 2026 · 2 filings
SEC status approved since Aug 13, 2026
RAUM
$116M
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
97%
$112M individuals and HNW
Advisors
4
registered through the firm on IAPD
RAUM per advisor
$29.0M
derived; firm RAUM over IAPD count
Employees
7
2 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
2 filings and snapshots on the tape
RAUM$116M as of Sep 11, 2026
Jul 13, 2026$116M then
HNW client RAUM$53.0M as of Sep 11, 2026
Jul 13, 2026$53.0M then
State-registered IARs (5.B.3)2 as of Sep 11, 2026
Jul 13, 20262 then
Employees (5.A)7 as of Sep 11, 2026
Jul 13, 20267 then
Private funds: no history
Practice profile
derived from the filing of Sep 11, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
$29.0MderivedRAUM over IAPD advisors; not a book size
Clients per advisor
73derivedindividual and HNW clients (5.D) over advisors
Average HNW client
$3.5MderivedHNW RAUM over HNW clients
Average account
$182,320derivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
3.1%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
1.8derivedItem 5.A over advisors
Advisors per office
4.0derived1 offices incl. principal (1.F.5)
RAUM growth, one year
unknownderivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, hourly, fixed feesreportedItem 5.E
Advisory activities
financial planning, portfolio management for individuals, selection of other advisers, educational seminarsreportedItem 5.G
Wrap fee program
participatesreportedItem 5.I
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)
  • marketing includes testimonials (5.L.1.c)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Individuals$59.4M51%
  • High-net-worth individuals$53.0M46%
  • Pension and profit-sharing plans$3.5M3.1%
Individual clients
275reported
HNW clients
15reported
Pension plan clients
n/areported
Charitable clients
0reported
Accounts
636reported
Financial planning clients
251-500reported
Wrap fee programs
$0 sponsored, $114M managedreported
Custody of client assets
noreported
Compensation
% of AUM, fixed, hourlyreported
Class basis
private_client_share=0.97 fund_share=0.0 institutional_share=0.03 related_bd=false related_bank=false bd_reps=0.0derived
Advisors registered through the firm
4 on IAPD today, longest tenure first
NameBranchHere sinceIn industryPrior firms
Michael John StevensLehi, UtDec 21, 201717 y3
Chad Brian AustinLehi, UtMar 12, 202512 y1
Samuel Alejandro Rios-LazoCertified Financial PlannerLehi, UtAug 6, 202613 y1
Cory Paul CarlingCertified Financial PlannerLehi, UtAug 26, 202612 y2
Advisor movement
2 left, 2 joined in 12 months
net 0 in 12 months0 left in 90 days2 joined in 90 daysdeparture rate 50% of current headcount2 left over 36 months
Left, latest
Joined, latest
Every departureEvery arrival
Teams: two or more advisors moving together within fourteen days, from one state
    Teams outTeams in
    Private funds
    No private fund reported.
    Owners and control persons
    Schedule A and B, latest filing
    • John Michael Stevens · Managing Member & Chief Compliance Officercontrol
      since 07/2017 · owns 75% or more
    Related persons
    Schedule D 7.A
    No related person reported.
    Office movement
    IAPD branch city; joins and departures in 12 months
    OfficeAdvisorsJoinedLeftTeams outForming
    Lehi, Ut · principal422
    Offices
    Schedule D 1.F, the 25 largest
    No branch office listed.
    What changed
    consecutive filings, newest first
    • Financial planning clients · 251-500 to 251-500
      Jul 13, 2026 to Sep 11, 2026
    • Succession · false to unset
      Jul 13, 2026 to Sep 11, 2026
    Signals
    6 dated events
    • Brent Casey Thompson left Capital Wealth, Llc for Vanguard Advisers, Inc. (registered 2026-07-01)
      Jun 5, 2026 · Advisor changed firm · fact
    • Elijah J Smith left Capital Wealth, Llc for Merrill Lynch, Pierce, Fenner & Smith Incorporated (registered 2025-10-07)
      Oct 21, 2025 · Advisor changed firm · fact
    • 2 advisors left Fidelity Personal And Workplace Advisors (Salt Lake City, UT) for Capital Wealth, LLC a day apart
      Jan 30, 2025 · Team lift-out · derived
    • Elijah J Smith left Capital Wealth, Llc for Fidelity Personal And Workplace Advisors (registered 2023-07-10)
      May 26, 2023 · Advisor changed firm · fact
    • Garrett C Wozniak left Capital Wealth, Llc for Merrill Lynch, Pierce, Fenner & Smith Incorporated (registered 2022-11-14)
      Oct 10, 2022 · Advisor changed firm · fact
    • Myles Benjaman Overstreet left Capital Wealth, Llc for New Millennium Group (registered 2022-05-09)
      Apr 28, 2022 · Advisor changed firm · 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 email
    info@capitalwealth.comreportedpublished by the firm, firm site, Sep 16, 2026
    Business phone
    801-210-2800reportedpublished by the firm, firm site, Sep 16, 2026
    Firm profile
    linkedin.com/company/capitalwealthreportedpublic record, Form ADV, Sep 17, 2026
    Website
    CAPITALWEALTH.COMreportedpublic record, Form ADV, Sep 17, 2026
    Principal office phone
    8012102800reportedpublic record, Form ADV, Sep 11, 2026
    Contact form
    CAPITALWEALTH.COM/contactreportedpublished by the firm, firm site, Sep 16, 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
    $29.0Mderivedfirm RAUM over the IAPD count; not a book size
    Loaded
    Sep 14, 2026