Wealth manager, independent · Raleigh, NC
Capital Investment Counsel Inc
SEC-registered investment adviser · CRD 104591 · SEC 801-20824
At a glance
Capital Investment Counsel Inc is an SEC-registered investment adviser based in Raleigh, North Carolina, with $1.0B in regulatory assets under management as of its Form ADV filed April 29, 2026. It reports 1,221 individual clients, 457 of them high-net-worth, holding an average of about $0.7 million each, and 11 employees. That ranks it 1082nd among the nation’s 5,657 independent wealth management RIAs and 26th of 160 in North Carolina. It reports BNY Pershing as the custodian for its clients’ separately managed accounts.
Main office 919-831-2370capital-invest.comAs filed on Form ADV
- Regulatory AUM
- $1.0B
- Rank among independent wealth managers
- #1,082 of 5,657
- Rank among all SEC RIAs
- #5,310 of 17,210
- Rank in North Carolina
- #26 of 160
- Individual clients
- 1,221
- High-net-worth clients
- 457
- Accounts
- 1,271
- Discretionary
- 100% of AUM
- Employees
- 11
- Advisory staff
- 4
- Offices
- 1
Owners and executives on its Form ADV
- Richard K. BryantPresident and Treasurer
- Sue E. HarringtonSecretary
- Ronald L. KingChief Compliance Officer
- Kurt A. DresslerVice President
- William H. EddinsVice President
Custody and brokerage
Broker-dealer
Hybrid RIA
Capital Investment Counsel Inc is a hybrid RIA: 5 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Capital Investment Brokerage, Inc. and Capital Investment Group, Inc..
- Capital Investment Brokerage, Inc. ↗CRD 40657
An introducing broker-dealer: its trades clear through another firm, which holds the brokerage accounts. Its annual audited report filed with the SEC, July 2026
- Capital Investment Group, Inc. ↗CRD 14752
An introducing broker-dealer: its trades clear through another firm, which holds the brokerage accounts. Its annual audited report filed with the SEC, February 2026
Its Form ADV brochure (filed April 2026) names Capital Investment Brokerage and Capital Investment Group as the broker-dealer its advisers are registered with.
Compensation for Sale of Securities or Other Investment Products Investment Adviser Representatives of Counsel may also be registered with Capital Investment Brokerage and/or Capital Investment Group.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 457 | $791M | 77% |
| Individuals | 764 | $122M | 12% |
| Pension and profit sharing plans | 16 | $58M | 6% |
| Corporations or other businesses | 33 | $52M | 5% |
| Charitable organizations | 1 | $0M | <1% |
Disciplinary disclosures
Capital Investment Counsel Inc 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
How it’s paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
- Commissions
Form ADV and brochures on the SEC’s adviser search ↗capital-invest.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, ten years of filings
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- Growth over one, three and five years
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- Owners and executives, with titles and stakes
- 5 namedLocked
- 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 North Carolina
All of North Carolina →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Laurel Wealth Advisors, LLCCharlotte | $1.1B | 520 |
| Providence Capital Advisors, LLCCharlotte | $1.1B | 424 |
| Cardinal Capital Management IncRaleigh | $1.0B | 287 |
| Verum Partners LLCCharlotte | $1.0B | 361 |
| Bluesky Wealth Advisors, LLCNew Bern | $1.0B | 350 |
Background
Questions
How much does Capital Investment Counsel Inc manage?
Capital Investment Counsel Inc reports $1.0B in regulatory assets under management across 1,271 accounts, 100% of it on a discretionary basis, on its Form ADV filed April 29, 2026.
How many clients does Capital Investment Counsel Inc have?
It reports 1,221 individual clients: 457 high-net-worth individuals and 764 other individuals. Individuals account for about 89% of its regulatory assets.
Where is Capital Investment Counsel Inc headquartered?
Its main office is in Raleigh, North Carolina. It reports 1 office in total and 11 employees, 4 of whom perform investment advisory functions.
How does Capital Investment Counsel Inc charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees; commissions. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Capital Investment Counsel Inc use?
It reports BNY Pershing as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed April 29, 2026, it reports these amounts held: BNY Pershing ($973M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Capital Investment Counsel Inc a hybrid RIA with a broker-dealer?
Capital Investment Counsel Inc is a hybrid RIA: 5 of its employees are also registered representatives of a broker-dealer. It names affiliated broker-dealers: Capital Investment Brokerage, Inc. and Capital Investment Group, Inc.. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Capital Investment Counsel Inc a fiduciary?
As an SEC-registered investment adviser, Capital Investment Counsel Inc owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 5 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Capital Investment Counsel Inc’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 (2026-04-29), 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 →