Wealth manager, independent · Draper, UT
Capita Financial Network, LLC
SEC-registered investment adviser · CRD 290558 · SEC 801-112411
At a glance
Capita Financial Network, LLC is an SEC-registered investment adviser based in Draper, Utah, with $2.3B in regulatory assets under management as of its Form ADV filed September 25, 2026. It reports 2,888 individual clients, 599 of them high-net-worth, holding an average of about $0.8 million each, and 59 employees. That ranks it 481st among the nation’s 5,657 independent wealth management RIAs and 6th of 85 in Utah. It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity Investments.
Main office 801-566-5058capitafinancial.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $2.3B
- Rank among independent wealth managers
- #481 of 5,657
- Rank among all SEC RIAs
- #3,325 of 17,210
- Rank in Utah
- #6 of 85
- Individual clients
- 2,888
- High-net-worth clients
- 599
- Accounts
- 7,042
- Discretionary
- 100% of AUM
- Employees
- 59
- Advisory staff
- 22
- Offices
- 2
Owners and executives on its Form ADV
- Michael B. LittledikeElected Manager and Chief Executive Officer
- Zaccary S. CallPresident and Secretary
- Scott A. WatkoChief Compliance Officer
- Cassandra C. MyersChief Operations Officer
Custody and brokerage
Broker-dealer
No broker-dealer ties
Capita Financial Network, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 599 | $1.3B | 57% |
| Individuals | 2,289 | $1.0B | 43% |
Disciplinary disclosures
Capita Financial Network, LLC reports no disciplinary disclosures in Item 11 of Form ADV. Read the details on the SEC’s adviser search ↗
Services
- Financial planning
- Portfolio management for individuals and small businesses
- Selecting other advisers
- Educational seminars and workshops
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗capitafinancial.com ↗
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Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, 8 years of filings
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- Growth over one, three and five years
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- Rank against 1,726 peers of its type and size
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- Owners and executives, with titles and stakes
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- Main office, fax and compliance officer
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- Filing changes this year, with alerts
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Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Utah
All of Utah →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Diversify Advisory Services, LLCSouth Jordan | $4.6B | 5,200 |
| Diversify Wealth Management, LLCSouth Jordan | $4.1B | 4,719 |
| Crewe AdvisorsSalt Lake City | $3.1B | 514 |
| Albion Financial GroupSalt Lake City | $2.0B | 722 |
| Physician Wealth Advisors, Inc.Salt Lake City | $2.0B | 1,088 |
| The Norden Group LLCProvo | $2.0B | 1,271 |
Background
Questions
How much does Capita Financial Network, LLC manage?
Capita Financial Network, LLC reports $2.3B in regulatory assets under management across 7,042 accounts, 100% of it on a discretionary basis, on its Form ADV filed September 25, 2026.
How many clients does Capita Financial Network, LLC have?
It reports 2,888 individual clients: 599 high-net-worth individuals and 2,289 other individuals. Individuals account for about 100% of its regulatory assets.
Where is Capita Financial Network, LLC headquartered?
Its main office is in Draper, Utah. It reports 2 offices in total and 59 employees, 22 of whom perform investment advisory functions.
How does Capita Financial Network, LLC charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Capita Financial Network, LLC use?
It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity Investments. On Schedule D of its Form ADV filed September 25, 2026, it reports these amounts held: Charles Schwab ($1.8B); Fidelity Investments ($23M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Capita Financial Network, LLC a hybrid RIA with a broker-dealer?
Capita Financial Network, LLC reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Capita Financial Network, LLC a fiduciary?
As an SEC-registered investment adviser, Capita Financial Network, LLC owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. It reports no employees who are registered representatives of a broker-dealer.
Where these numbers come from
Every figure is Capita Financial Network, LLC’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-25), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →