Capital Investment Advisory Services, LLC

Capital Investment Advisory Services, LLC provides investment advisory and supervisory services to individuals (including high‑net‑worth clients), retirement plans, corporations, trusts, estates, and charitable organizations. Services described in the brochure include separately managed accounts, referrals to third‑party managers and TAMPs, private‑label model portfolios, financial planning, and portfolio review services.

The firm’s process is individualized: clients work with an Investment Adviser Representative to document investment objectives, risk tolerance, and time horizon, and CIAS implements management through discretionary mandates, third‑party managers, or the firm’s private‑label model portfolios. The brochure indicates CIAS uses a mix of analytical methods (fundamental, technical, charting, cyclical), performs ongoing monitoring with at‑least‑quarterly reviews, and discloses the market, liquidity and product‑specific risks associated with its strategies.

Noteworthy aspects compared with many peers include CIAS’s private‑label model portfolio program, which CIAS manages and updates centrally for IARs, and its distribution model in which many IARs operate under separate legal business entities and are also registered representatives of affiliated broker‑dealers. The brochure also highlights affiliated broker‑dealer relationships and a clearing arrangement with a third‑party custodian (Pershing), and discloses how those affiliations can create commission‑based and 12b‑1 compensation considerations that the firm says it seeks to disclose and manage.