Capstone Wealth Management, Inc.

Capstone Wealth Management, Inc. is an SEC-registered independent investment adviser serving individuals (including high-net-worth clients) and pension and profit-sharing plans, with roughly 213 client relationships and about $35 million in discretionary assets under management. The firm provides discretionary and non-discretionary portfolio management and broad-based financial planning, primarily recommending investment company securities such as mutual funds, index funds, no-load funds and ETFs, and it may allocate portions of client accounts to sub-advisers or model portfolios.

The firm tailors advice to individual objectives and risk tolerances, meeting with clients to establish goals, monitoring portfolios on an ongoing basis, and rebalancing as appropriate; it employs various methods including charting, technical and fundamental analysis and both long- and short-term strategies. Capstone recommends Charles Schwab for custody and execution and participates in the Schwab Advisor Services platform, which supplies trade execution, research and practice-support resources that the firm uses in managing client accounts.

What distinguishes Capstone from many peers is its ownership structure and related-business activities: the firm’s principal shareholder is a CPA who has common control of an affiliated accounting firm (Tahim and Associates, APC) and an affiliated insurance agency (Resource Management Consultants, Inc.), and the principal devotes a substantial portion of time to accounting and pension consulting — arrangements the brochure discloses as creating potential referral-related conflicts of interest. The firm also discloses a 2022 regulatory order to discontinue violations that included a $500 penalty and notes clients are under no obligation to use affiliated services.