Capital Management Services, Inc.

Capital Management Services, Inc. (CMS) is a registered investment adviser based in Missouri, established in 1986 by James M. Gissy. The firm offers ongoing portfolio management services to individuals and businesses, primarily utilizing a tactical asset allocation process with mutual funds and ETFs. CMS may engage third-party sub-advisors and managers to assist with portfolio management. The firm managed approximately $141.5 million of assets on a discretionary basis as of 12/31/2024. For fees, CMS charges up to 2.00% of assets under management, with fees negotiable and calculated monthly or quarterly based on the closing balance of the account. The firm may also charge additional fixed fees for financial planning services. CMS does not charge performance-based fees. Clients include individuals, trusts, estates, businesses, and employee benefit plans, with a minimum account value of $25,000 for managed accounts. CMS may accept accounts with lower initial values on a case-by-case basis. The firm's primary investment strategy is tactical asset allocation, involving mutual funds, ETFs, and occasional short positions. CMS does not receive compensation from third parties for providing advisory services and does not vote proxies on behalf of clients. The firm does not hold client funds but requires a qualified custodian for client assets. Clients grant CMS investment discretion, subject to their risk profile and investment objectives.