Capitol Wealth Management, Inc.

Capitol Wealth Management, Inc. (CWM) is an independent financial advisory firm founded in 1996 by Frank J. McGovern. The firm specializes in providing comprehensive financial planning services for individuals and businesses, including tax planning, investment planning, risk management, estate planning, and insurance planning. CWM also offers asset management services, where clients' portfolios are invested in various instruments based on a comprehensive review and proposed asset allocation by CWM's Investment Advisory Representative (IAR). CWM manages over $71 million for 30 clients and 94 discretionary accounts as of December 31, 2023. The firm charges annual fees based on a tiered structure ranging from 1.50% to 0.50% of account assets. Clients may also incur additional fees for custodial services, account maintenance, and transaction fees. CWM does not charge performance fees and primarily serves high-net-worth individuals with a negotiable minimum account size typically starting at $250,000. Clients grant CWM investment discretion over their accounts, allowing the firm to make investment decisions on a discretionary basis. CWM conducts fundamental analysis on recommended securities and primarily invests for relatively long-time horizons. The firm's President and Chief Compliance Officer, Frank J. McGovern, holds the CERTIFIED FINANCIAL PLANNER™ designation and has over 25 years of experience in the financial services industry. CWM's business practices are guided by a commitment to acting in clients' best interests, as evidenced by their fiduciary duty and adherence to the CFP Board Code of Ethics. The firm's investment strategies focus on providing tailored solutions to meet clients' financial goals while maintaining transparency and ongoing communication.