SEC-registered independent wealth management RIA
Capital Management Advisors Inc
As of its Form ADV filed December 12, 2025, Capital Management Advisors Inc, an SEC-registered independent wealth management RIA in Marietta, Georgia, reported $52.0 million in regulatory assets under management across 198 accounts, ranking #285 among independent RIAs in Georgia by assets.
Registration
- Registration
- SEC-registered, Approved
- CRD number
- 110447
- SEC file number
- 801-40001
- Registered since
- November 5, 1991
- Latest Form ADV filing
- December 12, 2025
- Organized as
- Corporation
- Fiscal year ends
- March
- Other offices
- 0
Key figures
- Regulatory assets under management
- $52.0 million
- Discretionary
- $48.5 million (93.2%)
- Non-discretionary
- $3.5 million
- Accounts
- 198 (193 discretionary)
- Clients
- 115, approximate as reported
- Employees
- 4
- Advisory staff
- 3 performing investment advisory functions
- Average account
- $262,649
- Asset growth, 1 year
- 0.0% (from $52.0 million a year earlier)
- Asset growth, 3-year annual rate
- 0.8% (from $50.8 million three years earlier)
- Asset growth, 5-year annual rate
- -15.7% (from $122.1 million five years earlier)
- Client growth, 1 year
- 0.0% (from 115)
Independent wealth management RIA: individual and high net worth clients hold at least half of its regulatory assets, it offers financial planning or portfolio management for individuals, and it is not a broker-dealer, a bank or part of one by the directory's rules. How firms are classed.
Growth rates come from the SEC's yearly snapshots and are left blank when the years are not comparable.
Rankings
Among independent wealth management RIAs.
| Ranking | Nationally | In Georgia | Value |
|---|---|---|---|
| Largest independent RIAs by assets under management | #10,442 | #285 | $52.0 million |
| Fastest-growing independent RIAs over five years | #4,708 | #134 | -15.7%from $122.1 million |
| Independent RIAs with the most clients | #8,109 | #225 | 115 |
| Independent RIAs with the fastest client growth over one year | #4,062 | #109 | 0.0%from 115 |
| Independent RIAs with the most accounts | #8,554 | #229 | 198 |
| Independent RIAs with the most advisory staff | #4,542 | #129 | 3 |
Assets over time
Data table
| As of | RAUM |
|---|---|
| October 1, 2010 | $86.8 million |
| October 3, 2011 | $80.5 million |
| October 1, 2012 | $96.5 million |
| October 1, 2013 | $107.8 million |
| October 1, 2014 | $104.8 million |
| October 1, 2015 | $107.9 million |
| October 3, 2016 | $107.3 million |
| October 2, 2017 | $109.1 million |
| October 1, 2018 | $110.8 million |
| October 1, 2019 | $113.5 million |
| October 1, 2020 | $111.8 million |
| October 4, 2021 | $122.1 million |
| October 3, 2022 | $121.8 million |
| October 5, 2023 | $50.8 million |
| October 1, 2024 | $52.0 million |
| September 2, 2025 | $52.0 million |
| October 2, 2026 | $52.0 million |
Clients and services
Client mix
| Measure | Bar | RAUM |
|---|---|---|
| Individuals (other than high net worth) 115 clients | $32.2 million | |
| High net worth individuals fewer than 5 clients | $9.9 million | |
| Charitable organizations fewer than 5 clients | $4.4 million | |
| Pension and profit sharing plans fewer than 5 clients | $2.9 million | |
| Corporations or other businesses fewer than 5 clients | $2.7 million |
How the firm is paid
- A percentage of assets under management
- Hourly charges
- Fixed fees
Advisory services
- Financial planning
- Portfolio management for individuals or small businesses
- Portfolio management for businesses or institutional clients
- Pension consulting
Financial planning clients (Item 5.H): 1-10.
Wrap fee program sponsor or portfolio manager: no.
Other business, affiliations and custody
Other business activities (Item 6.A)
None reported.
Financial industry affiliations (Item 7.A)
None reported.
Custody (Item 9)
The firm reported no custody of client cash or securities.
Investment adviser representatives
- IARs registered with the firm
- 0
- Also registered through a broker-dealer
- 0
- Employees who are IARs (Form ADV 5.B(3))
- 1
IAR registrations by jurisdiction are not available for this firm. IAR CE requirements by state.
Counts only. AdvisorIQ does not list individual people.
Disclosures
On Form ADV Item 11 the firm answered yes to 1 disclosure question. See the detail on IAPD.
Succession and acquired firms
On Form ADV Item 4 the firm did not report succeeding to another adviser's business.
Similar-sized firms in Georgia
| Firm | City | RAUM |
|---|---|---|
| KCG Investment Advisory Services LLC | Savannah | $52.5 million |
| Verbatim Financial | Atlanta | $52.3 million |
| Phase Line Capital, LLC | Atlanta | $52.3 million |
| CN Wealth Management, LLC | Alpharetta | $52.0 million |
| Bales Financial Advisors, Inc | Cumming | $51.1 million |
The five independent RIAs nearest in regulatory assets with a main office in the same state.
Elsewhere
- Capital Management Advisors Inc on IAPD: Form ADV, brochures and disclosure detail.
- Firm website: www.ccmcma.com
- Independent RIAs in Georgia
Firm data as of October 2, 2026, from ia100226.zip. Figures are as the firm reported them; corrections are made on Form ADV and appear after the next monthly reload.
Data as of October 2, 2026, from Form ADV. Sources: SEC registered adviser data (ia100226.zip) and IAPD compilation reports. How the directory is built.