Independent Advantage

Unlike other firms that require multiple fees for Errors & Omissions insurance, fidelity bond coverage, technology, account management and reporting services, Capitol Securities Management has one all-inclusive affiliation fee which can be paid monthly, or annually at a reduced cost.

Transaction costs, or ticket charges, vary depending on the type of business being executed. Please see our Revenue Sharing Schedule page to learn more about specific charges. Your monthly clearing fees are determined by your business mix and the costs associated with each particular transaction, if any. Note that clearing fees are not assessed on business done on a direct basis.

Transaction costs, or ticket charges, vary depending on the type of business being executed. Please see our Revenue Sharing Schedule page to learn more about specific charges. Your monthly clearing fees are determined by your business mix and the costs associated with each particular transaction, if any. Note that clearing fees are not assessed on business done on a direct basis.

Capitol Securities pays commissions monthly; you will be paid on the 15^th of the following month for any commission funds we receive by the end of each calendar month.

At Capitol Securities, we empower our financial advisors to run their business the way they choose, and supporting your unique brand is one of our priorities. We understand the significance of branding and growing your financial practice within your specific market, and if using your DBA will help to that end, we support it.

For custody and clearing services, we utilize Raymond James Financial, Inc.,  representing $730 billion in global client assets. You can more about our clearing firm here.

At Capitol Securities Management, compliance is a top priority. Our Corporate Compliance Team is always available to consult with or counsel you should any questions arise. It is our goal to help protect and preserve your practice so you can focus on doing business with your clients. In addition to our open-door policy, we will provide on-going supervision as well as policies and procedure manuals that detail your responsibilities. Also, you will receive periodic updates, training and memoranda to keep you abreast of any pertinent changes to your business. For your convenience, easy access, and review, Capitol Securities also makes this information available to advisors via our secure intranet.

We recognize that for advisors to effectively do their jobs, keep up with innovation and build a successful practice, the right tools and support, are critical. Our products, protections and technology rival the industry’s largest firms. Our difference isn’t found in technology, but in our service and our philosophy.

Capitol Securities hosts an annual holiday party and shareholders’ meeting for all shareholders and Capitol Securities Management employees. The location changes each year, but attendance is always complimentary for advisors who meet a certain production level. Such events are not only an opportunity to show appreciation to our team, they are also often the catalyst for building and strengthening relationships across our organization, contributing to our ongoing productivity, and fostering a spirit of collaboration amongst our financial advisors and staff.

Yes, Capitol Securities Management holds an annual top producer conference for those advisors who qualify. The location changes each year, but the schedule is always loaded with opportunities for recognition, networking, fellowship, entertainment, and industry insights.

At Capitol Securities Management, we view each financial advisor as an individual, recognizing that your client portfolio is unique. We will analyze your practice and work with you to design a business plan that will best serve you and your clients. No matter your production level, you will always receive our high standard of personalized care, attention and service.

At Capitol Securities Management, you have the freedom and flexibility to offer the products and services that best serve your clients’ needs. We have no proprietary products and you will never be asked to meet a firm-imposed sales quota.

You are welcome to work out of your home, or if you prefer, we can work together to find an office near you.

You are required to have a Series 7 license to operate an Independent Advantage advisor. In addition, you will need any licenses applicable to the type of business you, or any of your registered advisors, transact on behalf of your clients. (Typical examples would be a Series 65 or 66 for investment advisory busines

Assuming you already have an office space, a typical transition normally takes one to three weeks. Once you have been approved, you will work hand-in-hand with our Executive Management Team throughout the transition process. We know that other firms can place the onus on the financial advisor and that the process can drag out for months; in contrast, we work alongside you, using the simplified process we’ve created. It’s always our goal to make the transition process as smooth and streamlined as possible.

Provided your disciplinary history is clear, the Licensing Specialists in our corporate office will be able to transfer your license immediately upon receipt of your updated U-4 Form and any applicable registration fees. Our Licensing Specialists will keep you apprised as your approval process is completed in the state(s) where you conduct business

The account transfer process begins with the completion of two forms: a New Account form and an ACAT (Automated Client Account Transfer) form. Your client’s signature is required to authorize the transfer of securities. Once the completed and signed documents have been delivered to Capitol Securities Management, account processing and electronic transfer typically take no more than five business days to complete.

Yes, Capitol Securities offers advisors the flexibility of having their own RIAs; we also offer the option to operate under the firm’s Corporate RIA, which provides a multitude of investment advisory products from which to choose.

The compliance team at Capitol Securities Management is always able and available to assist you. In addition to our open-door policy, we will provide periodic inspections, on-going supervision and policies and procedure manuals that detail your responsibilities. Also, you will receive periodic updates, training and memoranda to keep you abreast of any pertinent changes to your business. For your convenience, easy access, and review, Capitol Securities also makes this information available to advisors via our secure intranet.