Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client assets under management
$7,361,637
Clients
6
50% high-net worth
Advisors
6
of 6 employees
Firm type
Team
4-10 advisors or $500M+ in AUM
Clients per advisor
1
Very LowAverage account size
$1,226,940
Central States Capital Markets provides discretionary portfolio management and investment advisory services to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, corporations, and other business entities. The firm typically works with high-net-worth individuals and families and requires a written advisory agreement and the use of a qualified custodian for client assets.
The firm’s investment approach is value oriented, using fundamental analysis supplemented by technical tools and economic research, with portfolios generally held for longer-term horizons and rebalanced as market conditions or client needs change. Central States is dual-registered as an investment adviser and a broker-dealer and maintains a contractual performance-fee option for certain equity income strategies, although it has not historically implemented performance-based accounts.
Noteworthy aspects include the firm’s active broker-dealer affiliate role, including municipal underwriting, and the fact that senior management and some staff devote a substantial portion of their time to broker-dealer activities, a dynamic the firm discloses and addresses through policies and trade practices. The firm also discloses a history of regulatory actions and settlements related to municipal advisory and reporting matters, and it operates with a relatively concentrated client base.
$0 - $1,000,000: Varies by equity allocation target from 0.53% to 1.25% $1,000,001 - $2,000,000: Varies by equity allocation target from 0.56% to 1.13% $2,000,001 - $3,000,000: Varies by equity allocation target from 0.60% to 1.06% $3,000,001 - $4,000,000: Varies by equity allocation target from 0.64% to 1.00% $4,000,001 - $5,000,000: Varies by equity allocation target from 0.68% to 0.94% $5,000,001+: Varies by equity allocation target from 0.53% to 0.88%
CSCM is also a broker/dealer and receives commissions on securities transactions executed on behalf of client accounts.
Available for equity income portfolios with a performance fee up to 0.75% annually plus base management fee of 0.50%, total not exceeding 1.25%; performance fee is 10% of returns exceeding 3.5% per year.
Account minimum: $250,000
Central States Capital Markets, LLC
4200 W 83 Rd Street, Suite 101
Prairie Village KS 66208, United States
Number of offices
1
Iowa · Kansas · Missouri
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Is active or affiliated with:
Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
Is not active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Bank
They're affiliated with a bank that may offer its own financial products and services.
Trust company
They provide trust and estate administration services, typically for separate fees.
Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
Lawyer
They provide legal services, typically billed separately.
Real estate agent
They facilitate real estate transactions and may earn commissions.
Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Series 66
Prairie Village, KS
Central States Capital Markets, LLC
Series 63, Series 65
Prairie Village, KS
Central States Capital Markets, LLC
Series 66
Wichita, KS
Central States Capital Markets, LLC
Series 63
Prairie Village, KS
Central States Capital Markets, LLC
Series 66
Prairie Village, KS
Central States Capital Markets, LLC
Series 66
Prairie Village, KS
Central States Capital Markets, LLC
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