Capstone Capital Wealth Advisors is an SEC registered investment adviser with its
principal place of business located in Nevada. Capstone Capital began conducting
business in 2002.
Capstone Capital Wealth Advisors is owned by Leavitt Holdings LLC and Dawson
Holdings LLC. Ronald Leavitt and Adam Dawson are each the sole managing members
of their respective holding companies.
As of December 31, 2023, Capstone Capital Wealth Advisors had $321,304,384 in
discretionary assets under management.
Our firm provides continuous advice to clients regarding the investment of their funds,
and we tailor our advice to clients’ individual needs through personal discussions that
establish their goals and objectives based on their particular circumstances, which we
use to create and manage their portfolio. As appropriate, we also review and discuss
clients’ prior investment history, family composition, and background.
We manage clients’ advisory accounts on a discretionary basis. Discretionary services
allow Capstone Capital Wealth Advisors to enter trades in clients’ accounts on their
behalf without prior approval. Account supervision is guided by the client's stated
objectives (i.e., maximum capital appreciation, growth, income, or growth and income),
as well as tax considerations.
Clients may impose reasonable restrictions on investing in certain securities, types of
securities, or industry sectors.
Our investment recommendations are not limited to any specific product or service
and will generally include advice regarding the following securities:
• Exchange-listed securities
• Corporate debt securities (other than commercial paper)
• Commercial paper
• Certificates of deposit
• Municipal securities
• Mutual fund shares
• United States governmental securities
• Exchange-traded fund shares
Because some types of investments involve certain additional degrees of risk, they will
only be implemented/recommended when consistent with the client's stated investment
objectives, tolerance for risk, liquidity, and suitability.
Retirement Rollovers-No Obligation/Conflict of Interest:
Capstone Capital Wealth Advisors is deemed to be a fiduciary to advisory clients that
are employees of benefit plans or individual retirement accounts (IRAs) pursuant to the
Employee Retirement Income and Securities Act (“ERISA”). As such, our firm is subject
to specific duties and obligations under ERISA and the Internal Revenue Code that
include among other things, restrictions concerning certain forms of compensation. The
way we make money creates some conflicts with your interests, so we operate under a
special rule that requires us to act in your best interests and not put our interests ahead
of yours. To avoid engaging in prohibited transactions, Capstone Capital Wealth
Advisors may
only charge fees for investment advice about products for which our firm
and/or our related persons do not receive fees other than Capstone Capital Wealth
Advisor's advisory fees.
While Capstone Capital Wealth Advisors may receive increased compensation as a
result of a rollover recommendation, the firm will only make these recommendations in
the best interest of the client taking into account such various factors as: i.) the
investment options available in the plan versus the investment options available in an
IRA, ii.) fees and expenses in the plan versus the fees and expenses in an IRA, iii.) the
services and responsiveness of the plan’s investment professionals versus those of
Capstone Capital Wealth Advisors, iv.) required minimum distributions and age
considerations, and v.) employer stock tax consequences, if any. No client is under any
obligation to roll over plan assets to an IRA managed by Capstone Capital Wealth
Advisors.
There are legacy clients of Capstone Capital Wealth Advisors who receive services with
differing fees under engagements that we no longer offer. Capstone Capital Wealth
Advisors offers the following services to clients:
INVESTMENT MANAGEMENT
Capstone Capital Wealth Advisors provides ongoing investment management services
to clients, and in so doing, we initially review clients’ existing investment portfolios and
other data to provide investment recommendations and advice consistent with each
client’s stated financial objectives. Capstone Capital Wealth Advisors takes discretionary
authority in clients’ accounts to invest their assets according to their stated investment
objectives, risk tolerance, investment time horizon, and any restrictions that they might
place on their accounts.
Clients understand that Capstone Capital Wealth Advisors will have no responsibility for
decisions made by clients that are independent from our advice, and that we will not be
responsible for assets not designated for our management or for the diversification of all
the client’s assets.
FINANCIAL PLANNING
Capstone Capital Wealth Advisors provides clients financial planning services that,
depending on the client’s needs, may focus on, but are not limited to, the following areas:
goal setting, retirement planning, business succession and exit planning, insurance
analysis and risk management, charitable giving, legacy planning, tax planning, and
investment planning.
Clients understand that the responsibility for financial decision are theirs alone, and that
they are under no obligation to follow, either wholly or partially, any recommendations or
suggestions provided by Capstone Capital Wealth Advisors.
None of the foregoing services include the practice of law or accounting services.
WRAP FEE PROGRAM
Capstone Capital Wealth Advisors does not offer wrap fee programs.