Capital Investment Counsel Inc (Raleigh)
Capital Investment Counsel Inc is a large advisory firm based in Raleigh. It manages $312.62 million of regulatory assets for 824 client accounts. It has been registered with the SEC as an adviser since 2000 and has operated in the jurisdictions of California, Florida, Georgia, and 6 other states.
Capital Investment Counsel provides financial planning services and portfolio management for individuals and small businesses. It doesn't provide financial planning services to its clients. On top of advisory services, the firm doesn't engage in other business activities.
Capital Investment Counsel: assets under management
The assets under management (AUM) of Capital Investment Counsel Inc is $312.62 million, all of which is managed in discretionary accounts. The firm's AUM has grown by 19% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
Investments
The firm invests in exchange traded securities the most. They account for 86% of the total AUM. The second-largest asset type is cash and cash equivalents, which make up 8% of the firm’s portfolio. Investments in investment and business development companies form 3% of the total invested assets.Fees & Commissions
The advisory firm has several streams of revenue. Clients pay Capital Investment Counsel Inc for their services and products based on a percentage of assets under management, hourly charges, fixed fees, and commissions. Flat-fee based compensation is the most transparent and the one you can safely predict in advance. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
What kind of clients Pete J. Reimann serves?
The firm provides services to individuals, high net worth individuals, corporations or other businesses, and pension and profit sharing plans. The largest group of clients of Pete J. Reimann is high net worth individuals with 129 clients and $160.71 million of assets under management. Among the 10 most similar advisory firms, Capital Investment Counsel has the lowest percentage of high net worth individuals out of all clients.
The amount of regulatory assets under management is $312.62 million for 824 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.
Capital Investment Counsel doesn't advise any private funds.
Careers at Capital Investment Counsel Inc
The company employs 11 people that are either part- or full-time employees. 55 percent of the employees work as investment advisers or researchers. 6 employees are registered as investment adviser representatives with the state securities authorities.
There are 20 people with the role of looking for and bringing in new clients on behalf of the firm. The firm doesn’t compensate employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Pete J. Reimann has been acting as President since 1 Jul 2012. Brian Michael Mcdowell joined the executive team most recently as the Director Of Research And Trading.
Direct owners and executive officers
Indirect Owners
The SEC currently registers 14 indirect owners.Based in Raleigh
The principal office where Capital Investment Counsel Inc performs its advisory services is located at 100 E. Six Forks Road, Ste. 200, Raleigh, NC 27609 The mailing address of the firm is P.O. Box 32249, Raleigh, NC 27622. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number 919-831-2370 or by fax 919-832-7928. The normal business hours are 9:00 a.m. to 5:00 p.m. on Monday - Friday. You can find more information about the New York firm at capital-invest.com.
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