Capstone Wealth
Data sourced from SEC public records (and other sources when available). Refreshed weekly • Updated today.
Client AUMClient assets under management
$316,094,284
Clients
159
Advisors
6
of 8 employees
About
Capstone Wealth Management serves individual and high-net-worth clients, with a particular focus on business owners and professional executives, and provides wealth management, portfolio management, general financial planning, specialized planning for business owners/executives, and 1031 exchange advisory services; the firm reports managing roughly $354 million in client assets. It also advises on employer-sponsored retirement plan assets and works with clients’ trusts and estates.
The firm implements client strategies through a written investment policy statement, favoring diversified mutual-fund-based portfolios supplemented by fixed-income securities and occasional individual equity positions, and conducts discretionary trading with periodic monitoring and rebalancing (annual reviews and rebalancing at least every 18 months). Manager selection is described as a research-driven process that evaluates managers against industry and client data and seeks to align allocations with each client’s risk tolerance and goals.
What distinguishes Capstone Wealth from many peers is its explicit 1031 exchange facilitation service—including due diligence and private placement considerations—and the fact that some personnel are licensed insurance agents who may recommend commissionable insurance products (with disclosures and conflict-management procedures described in the brochure). The firm also notes use of client testimonials in its advertising and directs clients to a single recommended custodian for account custody and trade execution, which shapes its brokerage and service relationships.
Client services
Expertise
Occupation focus
Fee options
Financial Planning for Business Owners and Professional Executives charged $2,500 per quarter.
$0 - $249,999: 2.00% $250,000 - $499,999: 1.50% $500,000 - $999,999: 1.20% $1,000,000 - $2,499,999: 0.90% $2,500,000 - $4,999,999: 0.75% $5,000,000+: 0.55%
Commissionable insurance products may be recommended; commissions disclosed and may result in advisory fee reductions at firm's discretion.
Financial Planning Services charged at $300 per hour, negotiable.
Account minimum: $1,000,000 Minimum fee: Minimum fee of $300 for General Financial Planning Services if services are provided via phone communications. Fee-only: Financial Planning Services at $300 per hour (negotiable), minimum fee $300; Financial Planning for Business Owners and Professional Executives at $2,500 per quarter.
Main office
1731 Poly Drive
Billings MT 59102
Advisors at this office
6
Most active in
Louisiana · Montana · Texas · Washington · Wyoming
Also doing business as
Capstone Wealth · Capstone Wealth Management · Capstone Wealth Management, Inc. · Capstone Wealth Management, LLC
Disclosures
Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.
Business activities & affiliations
Is active or affiliated with:
Insurance agent
They sell insurance products and may earn commissions on those sales.
Is not active or affiliated with:
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Broker-dealer / trader
They provide brokerage services and may earn transaction-based compensation in addition to advisory fees.
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Bank
They're affiliated with a bank that may offer its own financial products and services.
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Trust company
They provide trust and estate administration services, typically for separate fees.
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Fund sponsor
They manage or sponsor investment funds and may earn management or performance-based fees if clients invest in them.
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Accountant / CPA / tax prep
They offer tax and accounting services, typically for separate fees.
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Lawyer
They provide legal services, typically billed separately.
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Real estate agent
They facilitate real estate transactions and may earn commissions.
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Other specialized services
They may provide services such as pension consulting or municipal advisory work, typically for separate fees.
Quick links
Advisors at this firm
Nicole C
Series 65
Billings, MT
Capstone Wealth
Nicole Chakos is a financial advisor with Capstone Wealth Management in Billings, MT, holding a Series 65 license and two years of industry experience. She has been with Capstone Wealth since 2022 and also owns and operates N Chakos, Incorporated, a women's clothing distribution business she founded in 2014. In addition to her advisory role, she is a licensed insurance agent. Capstone Wealth Management serves individuals and high-net-worth clients, focusing on business owners, executives, and professionals planning ownership transitions or retirement. The firm manages approximately $301 million in assets using a disciplined, data-driven investment approach and offers specialized services including 1031 exchange facilitation.
Josiah J
Series 65
Billings, MT
Capstone Wealth
Josiah Jagoda is a financial advisor with Capstone Wealth Management in Billings, MT. He holds a Series 65 designation and has been with Capstone Wealth since 2025. Prior to joining the firm, he spent four years at Hillsdale College and five years at Arete Prep Academy. Capstone Wealth Management serves individual and high-net-worth clients, focusing on business owners and professional executives. The firm offers wealth management, portfolio management, financial planning, specialized planning for business owners and executives, and 1031 exchange advisory services, managing approximately $354 million in client assets.
Mark T
Series 63, Series 65
Billings, MT
Capstone Wealth
Mark Thomas is a financial advisor at Capstone Wealth with 23 years of industry experience. He has been with Capstone Wealth Management, Inc. since 2006. Thomas holds Series 63 and Series 65 licenses and is also a licensed insurance agent and consultant, providing insurance evaluations and policy analyses alongside his advisory role. Capstone Wealth Management serves individuals and high-net-worth clients, particularly business owners, executives, and professionals planning ownership transitions or retirement. The firm manages approximately $301 million in client assets using a disciplined, data-driven investment approach and offers specialized services including 1031 exchange facilitation.
Austin T
Series 65
Billings, MT
Capstone Wealth
Austin Thomas is a financial advisor at Capstone Wealth with a Series 65 designation and four years of industry experience. He has worked at Capstone Wealth Management since 2021 and previously held roles at DoorDash, Zenreach, Highland Capital Brokerage, and Investacorp. Since 2023, he is also a licensed insurance agent, advising clients on their insurance needs alongside his advisory duties. Capstone Wealth Management serves individual and high-net-worth clients, focusing on business owners and professional executives. The firm provides wealth and portfolio management, financial planning, and specialized services including 1031 exchange advisory, managing approximately $354 million in client assets.
Marcene S
Series 65
Billings, MT
Capstone Wealth
Marcene Skillen Robison is a financial advisor at Capstone Wealth with a Series 65 designation and one year of industry experience. Her prior roles include positions at Reciprocity Industries, Billings Clinic, and Headframe Spirits. Capstone Wealth Management serves individual and high-net-worth clients, focusing on business owners and professional executives. The firm offers wealth management, portfolio management, financial planning, and specialized services such as 1031 exchange advisory, employing a research-driven investment approach with diversified portfolios and periodic rebalancing.
Thomas W
CFP®, Series 63, Series 65
Billings, MT
Capstone Wealth
Thomas Webber is a CFP® with 15 years of experience in financial advising, currently with Capstone Wealth Management, Inc. since 2016. He previously worked at Pruco Securities LLC and The Prudential Insurance Company of America. Webber is also a licensed insurance agent, evaluating and recommending insurance products alongside his advisory role. Capstone Wealth Management serves individuals and high-net-worth clients, focusing on business owners, executives, and professionals planning ownership transitions or retirement. The firm manages approximately $301.1 million in client assets using a disciplined, data-driven approach that includes wealth management, specialized financial planning, and 1031 exchange facilitation.
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