Wealth manager, independent · Milwaukee, WI
Capital Investment Services of America Inc
SEC-registered investment adviser · CRD 110639 · SEC 801-15052
At a glance
Capital Investment Services of America Inc is an SEC-registered investment adviser based in Milwaukee, Wisconsin, with $1.3B in regulatory assets under management as of its Form ADV filed December 16, 2025. It reports 898 individual clients, 256 of them high-net-worth, holding an average of about $1.2 million each, and 9 employees. That ranks it 848th among the nation’s 5,657 independent wealth management RIAs and 10th of 97 in Wisconsin. It reports Charles Schwab as the custodian for its clients’ separately managed accounts.
Main office 414-278-7744capinv.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $1.3B
- Rank among independent wealth managers
- #848 of 5,657
- Rank among all SEC RIAs
- #4,625 of 17,210
- Rank in Wisconsin
- #10 of 97
- Individual clients
- 898
- High-net-worth clients
- 256
- Accounts
- 937
- Discretionary
- 100% of AUM
- Employees
- 9
- Advisory staff
- 9
- Offices
- 1
Owners and executives on its Form ADV
- Paul A. MuzzeyPresident
- Ruth A. BenbenChief Compliance Officer
- Jeffrey N. AllsopChief Investment Officer
- Ameet L. KamathPrincipal
- Mitchell W. CarlsonPrincipal
- Blaine E. BanckerPrincipal
- Mia K. PotterPrincipal
- Steven L. MuzzeyPrincipal
Custody and brokerage
Broker-dealer
No broker-dealer ties
Capital Investment Services of America Inc 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 | 256 | $899M | 68% |
| Individuals | 642 | $179M | 14% |
| Charitable organizations | 21 | $124M | 9% |
| Corporations or other businesses | 8 | $60M | 5% |
| Pension and profit sharing plans | 10 | $54M | 4% |
Disciplinary disclosures
Capital Investment Services of America 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
- Portfolio management for businesses and institutions
How it’s paid
- A percentage of assets under management
Form ADV and brochures on the SEC’s adviser search ↗capinv.com ↗
AtlasMembers
The full record on Capital Investment Services of America Inc
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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- Rank against 2,815 peers of its type and size
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- Owners and executives, with titles and stakes
- 8 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 Wisconsin
All of Wisconsin →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Diversified Management IncMilwaukee | $1.9B | 339 |
| Schaper Benz & Wise Investment Counsel IncNeenah | $1.8B | 388 |
| N.E.W. Advisory Services, LLCDe Pere | $1.6B | 4,842 |
| Madison PartnersMadison | $1.3B | 2,042 |
| Oarsman Capital, IncMilwaukee | $1.2B | 670 |
| Kerberrose Wealth Management, LLCShawano | $1.2B | 1,554 |
Background
Questions
How much does Capital Investment Services of America Inc manage?
Capital Investment Services of America Inc reports $1.3B in regulatory assets under management across 937 accounts, 100% of it on a discretionary basis, on its Form ADV filed December 16, 2025.
How many clients does Capital Investment Services of America Inc have?
It reports 898 individual clients: 256 high-net-worth individuals and 642 other individuals. Individuals account for about 82% of its regulatory assets.
Where is Capital Investment Services of America Inc headquartered?
Its main office is in Milwaukee, Wisconsin. It reports 1 office in total and 9 employees, 9 of whom perform investment advisory functions.
How does Capital Investment Services of America Inc 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 Capital Investment Services of America Inc use?
It reports Charles Schwab as the custodian for its clients’ separately managed accounts. On Schedule D of its Form ADV filed December 16, 2025, it reports these amounts held: Charles Schwab ($895M). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Capital Investment Services of America Inc a hybrid RIA with a broker-dealer?
Capital Investment Services of America Inc reports no employees registered with a broker-dealer and no affiliated broker-dealer.
Is Capital Investment Services of America Inc a fiduciary?
As an SEC-registered investment adviser, Capital Investment Services of America Inc 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 Capital Investment Services of America 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 (2025-12-16), 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 →