CAP Partners, LLC (“CAP Partners”) is a SEC-registered investment advisor and Tennessee limited
liability company offering advisory services including personalized investment management and
consulting services to a wide variety of clients since November 2007. CAP Partners is wholly owned by
Brendan Easterday. CAP Partners does not control any other firm. The advisory services of CAP
Partners are described in detail below.
What We Do
Financial Counseling Services
Financial counseling advice will typically involve providing a variety of services, principally advisory in
nature, to individuals regarding the management of their financial resources based on an analysis of
individual client needs. A CAP Partners Representative begins services by conducting an initial
consultation. During this initial consultation, pertinent information about the client's financial
circumstances and objectives is collected. Services are performed in the scope requested by a client
and usually include an analysis of the client’s current investments, investment objectives, and risk
tolerance followed by recommendations for the sale of existing or purchase of new investments.
Counseling Services result in a report being provided to a client which may be in writing if requested
by the client.
The primary objective of this process is to allow CAP Partners to assist the client in developing a
strategy for the successful management of income, assets, and liabilities in meeting the client’s
financial goals and objectives.
Advice to the client is based on the client's financial situation at the time the report is presented and
is based on information provided by the client to CAP Partners. CAP Partners does not guarantee or
promise that the client's financial goals and objectives will be met.
Clients decide which investment recommendations to accept and implement. Clients are also free to
select any brokerage, insurance or other product provider to purchase (or sell) investments,
insurance, or other products discussed with CAP Partners. CAP Partners does not guarantee results,
and losses can occur from receiving Counseling Services.
Changes in the client's financial condition, personal circumstances, goals, or general economic
conditions may trigger changes to the advice provided by CAP Partners. All Counseling Services advice
is based on information provided by the client. It is the client's responsibility to be certain that CAP
Partners has current and accurate information.
Financial Planning Services
CAP Partners provides Financial Planning Services on a flat and hourly fee basis. Financial Planning
Services are performed in the scope requested by a client and can include any of the following
together or separately:
●Tax Planning;
●Investment Analysis and Purchase, Sale and Hold Recommendations
●Retirement Planning;
●Estate Planning;
●Business Financial Planning;
●Education Funding for Children and Grandchildren;
●Appreciated Asset Tax Recommendations;
●IRA, Roth IRA, 403(b), 401(k) or Other Retirement Plan Account Analysis;
●Life, Disability, and Long-Term Care Insurance Analysis and Recommendations.
The decision to accept any
recommendation or advice provided by CAP Partners in its Financial
Planning Services and all decisions regarding implementation thereof are left to the client. Clients are
free to implement recommended transactions through broker-dealers and other service providers
other than those recommended by CAP Partners. Clients should evaluate independently the
transaction execution services recommended by CAP Partners Representatives, including the
reasonableness of any transaction price and commission.
All planning is based on information provided by the client. It is the client’s responsibility to be certain
CAP Partners has current and accurate information to enable CAP Partners to prepare the initial plan,
and it is the client’s responsibility to inform the Representative of material changes affecting the
investments and planning strategies implemented so the Representative has them for future
reference.
Asset Management Services
CAP Partners provides Asset Management Services to clients wishing to have their investments
managed continuously on a discretionary basis. Services begin with a CAP Partners Representative
assisting each new client in determining the client’s investment objectives. Then CAP Partners
manages each client’s investments in a manner consistent with the client’s objectives and risk
tolerance. CAP Partners also assists the client in establishing a securities account with a broker-dealer
which maintains custody of client securities and funds either directly or with the assistance of its
transaction clearing firm.
Besides managing various types of securities for clients such as common and preferred stocks,
mutual funds, annuity sub-accounts, warrants, rights, bonds, municipal securities, options and
government bonds, a portion of the securities in client accounts may be held in cash or cash
equivalents, including money market mutual funds.
Advice given to any client may differ from advice given, or the timing and nature of the action taken,
with respect to other client accounts. Advisor will make a reasonable effort to follow all investment
management restrictions and instructions expressed to the firm by a client. Clients are encouraged to
call their Representative at any time if they have questions.
Services may be terminated upon 30 days advance written notice from either party to the other. As a
general rule, CAP Partners believes that investing is best suited to those who believe in a long-term
buy-and-hold policy. Therefore, clients should not expect frequent investment changes in the
portfolio. However, as a result of monitoring the account, investment purchases and sales will be
made.
Investments are not held by CAP Partners. Instead, all investments managed by CAP Partners are
usually held at the brokerage firm through which transactions are placed.
CAP Partners does not assure or guarantee the results of its Asset Management Services; thus, losses
can occur from following CAP Partner’s advice pertaining to any investment or investment approach,
including using conservative investment strategies. As of January 1, 2024, CAP Partners had assets of
$178,952,142 under discretionary management.