Overview
Capital Management Advisors, Inc. (“CMA”) is a wholly owned subsidiary of Consolidated Capital
Management, Inc. The principal owner of Consolidated Capital Management, Inc. (i.e. owns 25% or more) is
Ted J. Propes.
CMA’s principal service is investment management and counseling. We continuously review client portfolios
in light of stated investment objectives, assets outside the portfolio which you disclose to us, and the nature
and extent of other obligations you might have. In addition, we provide specific investment advice and
implementation based on the investment objectives and instructions you give us.
We advise as to the suitability of most types of securities including: equity securities (whether listed on a
securities exchange, traded over-the-counter or closely held), corporate debt obligations, warrants,
commercial paper, municipal indebtedness, investment company shares, and United States Government
obligations.
Along with appropriate interim reports, CMA provides you with a quarterly summary of our appraisal of the
domestic economic and investment outlook. In addition, we occasionally send to our clients and, at times, to
others we believe might have a particular interest in the subject of this material, general industry, individual
company, or economic reports developed internally, or copies of speeches made by personnel of our firm.
You retain us by
entering into a written agreement for either discretionary or non-discretionary services. This
contract may be terminated by either you or us with written notices as agreed upon. Fees will be prorated to
date of termination and any unearned portion of prepaid fees will be refunded to you.
Retirement Plan Services
We also provide several retirement plan consulting and advisory services. The primary clients for these
services will be the sponsors of pension, profit sharing, and 401(k) plans.
Retirement Plan Services are generally comprised of fiduciary services and non-fiduciary services at both the
plan and participant levels. With regard to the fiduciary services, we provide clients (i.e. Plan Sponsors) with
plan-level non-discretionary investment advice services, plan-level discretionary investment management
services under Section 3(38) of ERISA, participant-level discretionary investment management services under
Section 3(38) of ERISA, and participant-level non-discretionary investment advice services.
CMA does not participate in wrap fee programs.
CMA manages your assets on both a discretionary and non-discretionary basis. As of March 30, 2022, Capital
Management Advisors manages $41,319,017 of discretionary client dollars and $9,452,602
of non-discretionary client dollars for a total of $50,771,619 under management.
Capital Management Advisors, Inc. Page 5