Central States Capital Markets, LLC logo

Central States Capital Markets, LLC

Updated today

Client assets under management

$7,361,637

Clients

6

50% high-net-worth

Advisors

6

of 6 employees

Firm type

Team

5-30 advisors or >$500M in AUM

Clients per advisor

1

Very Low

Average account size

$1,226,940

About

Central States Capital Markets provides discretionary portfolio management and investment advisory services to individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, corporations, and other business entities. The firm typically works with high-net-worth individuals and families and requires a written advisory agreement and the use of a qualified custodian for client assets.

The firm’s investment approach is value oriented, using fundamental analysis supplemented by technical tools and economic research, with portfolios generally held for longer-term horizons and rebalanced as market conditions or client needs change. Central States is dual-registered as an investment adviser and a broker-dealer and maintains a contractual performance-fee option for certain equity income strategies, although it has not historically implemented performance-based accounts.

Noteworthy aspects include the firm’s active broker-dealer affiliate role, including municipal underwriting, and the fact that senior management and some staff devote a substantial portion of their time to broker-dealer activities, a dynamic the firm discloses and addresses through policies and trade practices. The firm also discloses a history of regulatory actions and settlements related to municipal advisory and reporting matters, and it operates with a relatively concentrated client base.

Client services

Portfolio management

Expertise

Active portfolio management Retirement income strategy

Occupation focus

Founder/Business Owner

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Fee options

Percentage

$0 - $1,000,000: Varies by equity allocation target from 0.53% to 1.25% $1,000,001 - $2,000,000: Varies by equity allocation target from 0.56% to 1.13% $2,000,001 - $3,000,000: Varies by equity allocation target from 0.60% to 1.06% $3,000,001 - $4,000,000: Varies by equity allocation target from 0.64% to 1.00% $4,000,001 - $5,000,000: Varies by equity allocation target from 0.68% to 0.94% $5,000,001+: Varies by equity allocation target from 0.53% to 0.88%

Commissions

CSCM is also a broker/dealer and receives commissions on securities transactions executed on behalf of client accounts.

Performance-based

Available for equity income portfolios with a performance fee up to 0.75% annually plus base management fee of 0.50%, total not exceeding 1.25%; performance fee is 10% of returns exceeding 3.5% per year.

Other

Account minimum: $250,000

Main office location

Central States Capital Markets, LLC

4200 W 83 Rd Street, Suite 101

Prairie Village KS 66208, United States

Number of offices

1

Most active in

Iowa · Kansas · Missouri

Disclosures

Exclamation point means they have disclosures of this type. Check mark means no disclosures of this type were found.

Business activities & affiliations

Advisors at this firm

user avatar

Robert C

Series 66

Prairie Village, KS

Central States Capital Markets, LLC

Robert Crotty is a financial advisor at Central States Capital Markets, LLC with 11 years of industry experience. He holds the Series 66 designation and has previously worked at Caldwell Sutter Capital, Inc. and Boenning & Scattergood. Outside of his advisory role, Crotty manages several real estate-related businesses focused on property management activities. Central States Capital Markets provides discretionary portfolio management and investment advisory services primarily to high-net-worth individuals, families, and various institutional clients. The firm employs a value-oriented investment approach using fundamental analysis supported by technical and economic research, typically maintaining longer-term portfolio positions.

Active portfolio management Retirement income strategy Founder/Business Owner
user avatar

Benjamin Y

Series 63, Series 65

Prairie Village, KS

Central States Capital Markets, LLC

Benjamin Young is a financial advisor at Central States Capital Markets, LLC with 24 years of industry experience. He holds Series 63 and Series 65 credentials and has worked at Central States since 2017, previously spending six years at Northland Securities, Inc. Outside of his advisory role, he is involved in an independent appraisal management business as an owner and consultant. Central States Capital Markets provides discretionary portfolio management and investment advisory services primarily to high-net-worth individuals and families, as well as various institutional clients. The firm employs a value-oriented investment approach using fundamental analysis, technical tools, and economic research, with portfolios generally held for the long term and rebalanced as needed.

Active portfolio management Retirement income strategy Founder/Business Owner
user avatar

Justin L

Series 66

Wichita, KS

Central States Capital Markets, LLC

Justin Lawhon is a financial advisor with Central States Capital Markets, LLC in Wichita, KS. He holds a Series 66 designation and has one year of experience in the industry. His prior work experience includes roles at Equitable Advisors, Uber Technologies, and Fidelity Bank. Central States Capital Markets provides discretionary portfolio management and investment advisory services primarily to high-net-worth individuals and families. The firm follows a value-oriented investment approach that combines fundamental analysis with technical and economic research, maintaining generally longer-term portfolios that are rebalanced as needed.

Active portfolio management Retirement income strategy Founder/Business Owner
user avatar

Omar G

Series 63

Prairie Village, KS

Central States Capital Markets, LLC

Omar Ganoom is a financial advisor at Central States Capital Markets, LLC with 29 years of industry experience. He holds a Series 63 designation and has previously worked at Caldwell Sutter Capital, Inc. and Boenning & Scattergood. Outside of advising, he is the managing member of a real estate ownership entity. Central States Capital Markets provides discretionary portfolio management and investment advisory services primarily to high-net-worth individuals and families, employing a value-oriented investment approach that combines fundamental and technical analysis. The firm is dual-registered as an investment adviser and broker-dealer and serves a range of clients including individuals, pension plans, and charitable organizations.

Active portfolio management Retirement income strategy Founder/Business Owner
user avatar

Jeremy D

Series 66

Prairie Village, KS

Central States Capital Markets, LLC

Jeremy Dunning is a financial advisor at Central States Capital Markets, LLC with four years of industry experience. He holds the Series 66 designation and has worked at Central States since 2021. His prior work experience includes roles at Bonobos, Tuff and Needle, and The Glossary. Central States Capital Markets provides discretionary portfolio management and investment advisory services primarily to high-net-worth individuals and families, along with pension plans, trusts, estates, and charitable organizations. The firm's investment approach is value oriented, combining fundamental analysis with technical and economic research to manage portfolios over longer-term horizons.

Active portfolio management Retirement income strategy Founder/Business Owner
user avatar

James B

Series 66

Prairie Village, KS

Central States Capital Markets, LLC

James Brownfield is a Series 66-licensed advisor with 18 years of industry experience. He has been with Central States Capital Markets, LLC since 2011. Central States Capital Markets provides discretionary portfolio management and investment advisory services primarily to high-net-worth individuals and families, as well as various institutional clients. The firm employs a value-oriented investment approach that combines fundamental analysis with technical tools and economic research, managing portfolios for longer-term horizons and adjusting as market conditions or client needs evolve.

Active portfolio management Retirement income strategy Founder/Business Owner
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