Capital Management Partners

What Capital Management Partners does

Capital Management Partners, LLC is a private, independent financial advisory firm founded in 1996 by John (Jack) Bevilacqua and Richard (Rich) Robb. The firm is headquartered in Lynnfield, Massachusetts and operates additional offices in Albany, New York, and West Palm Beach, Florida, positioning it within the Northeast retirement-corridor market. It operates as an affiliate of Commonwealth Financial Network, an RIA/broker-dealer that supplies back-office infrastructure, custody, and product access; Commonwealth's platform reportedly represents roughly $344 billion in aggregate AUM, giving the firm institutional-scale resources despite its boutique headcount (11-50 employees). The firm has earned J.D. Power recognition 13 times across 2010-2026, including repeat top-tier rankings in advisor client-satisfaction studies, functioning as a recurring third-party brand asset.

The firm delivers wealth management, retirement planning, estate planning, and tax planning services to individuals, families, business owners, plan participants, educators, and socially responsible investors. It has built a specific niche in the educator segment through partnerships with Teacher Retirement Solutions and AFT-MA, providing a channel-distinct path to union and public-school clientele. Advisory workflows are supported by established third-party financial planning platforms, notably eMoney and MoneyGuidePro, which handle household balance-sheet aggregation, goals-based planning, and client-facing deliverables. Senior advisor additions in 2016 (Frank Sweeney) and 2017 (Daniel Santanello) signal ongoing capacity expansion rather than replacement hiring.

The business model is fee-based financial advisory, with revenue generated primarily through asset-based fees on client assets under advisement. Customer acquisition relies on direct referral, niche channel partnerships (educators), and reputational signals (J.D. Power rankings). Because the firm is private and does not disclose AUM, revenue, or profitability, financial scale cannot be precisely triangulated, but the headcount band and advisory fee economics place it firmly in the small-to-mid-sized boutique RIA category.

Name

Capital Management Partners

Legal name

Capital Management Partners, LLC

Website

https://www.cmpadvisors.com/

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

11–50 employees

Short description

Capital Management Partners is a financial services company that provides retirement consulting and investment planning services.

Ownership category

akta.pro rank

Product category

Wealth Management Services

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Corporate Finance & Capital Advisory (BPAHADAB)

Keywords

• Retirement planning services
• Wealth management advisory
• Investment management services
• Financial planning services
• Retirement plan consulting

Headquarters

HQ city

Lynnfield

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Financial Advisory Fees: The firm generates revenue through financial advisory fees for services including wealth management, investment management, retirement planning, estate planning, and tax planning. Services are provided through Commonwealth Financial Network as a registered investment adviser and broker/dealer.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Capital Management Partners is an independent financial advisory firm that delivers personalized wealth management, investment management, retirement planning, risk management/insurance, estate planning, tax planning, and business planning services through certified financial advisors. The firm operates as a fiduciary asset manager affiliated with Commonwealth Financial Network for broker-dealer and RIA infrastructure and National Financial Services (Fidelity) for custody and clearing services.

Product overview

Capital Management Partners is an independent financial advisory firm offering a comprehensive wealth management platform centered on personalized financial planning and investment management services. The core offering encompasses investment management, retirement planning, risk management/insurance, estate planning, tax planning, and business planning services delivered through a network of certified advisors. The firm serves distinct market segments including individuals and families, business owners, retirement plan participants, educators and administrators (through its Teacher Retirement Solutions partner), and socially responsible investors. Client engagement is supported through multiple digital platforms including Investor360 for account access, Commonwealth-powered financial calculators, and educational content including market news and financial wellness videos. The retirement plan sponsor services provide fiduciary protection, investment support, and employee education programs for employer-sponsored retirement plans.

Differentiator

Problem solved

Functional benefit

Products and services

• Estate Planning Services Coordination with tax and legal advisors to preserve estates for intended heirs, establish beneficiary designations, and reduce exposure to estate taxes and probate costs.
• Tax Planning Services Tax planning strategies to maximize tax-advantaged savings, manage income and withdrawals, and minimize tax consequences for individuals and families.
• Investment Management Services Constructs solid financial foundations through appropriate investment strategies, determining asset allocation needs and risk tolerance, with offerings including brokerage accounts and portfolio review for individuals and families.
• Retirement Planning Services Comprehensive retirement planning including 401(k)/403(b) plans, IRAs, Roth IRAs, health benefit plans, and tax-deferred annuities to help clients pursue their desired retirement lifestyle.
• Risk Management and Insurance Financial protection services including life insurance, long-term care insurance, disability income coverage, and Medicare solutions to minimize threats to client wealth.
• Business Planning Services Retirement plan consulting and business transition planning for business owners and entrepreneurs at every stage of their journey.
• Retirement Plan Management Services Comprehensive retirement plan sponsor services including fiduciary protection, investment support, vendor management, plan design, and customized education programs for 401(k)s, 403(b)s, Individual 401(k)s, Simple IRAs, and Cash Balance Plans.
• Plan Participant Advisory Services Individualized investment advice, ongoing assessment, and customized education for retirement plan participants to help them achieve retirement readiness.
• Teacher Retirement Solutions Partner firm specializing in financial guidance and strategies for educators and administrators, with preferred benefits provider status for AFT-MA members, including pension plan navigation and 403(b)/457 planning, with over 20 years of educator retirement planning experience.
• Socially Responsible Investing (SRI/ESG) Investment approach that enables clients to pursue financial goals while promoting societal well-being through environmental, social, and governance (ESG) focused investment vehicles and values-based investing.

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration14 records

Feature3 records

Partnerships

Six partnerships are on record, tiered core, strategic and supporting.

• Commonwealth Financial NetworkcoreTechnology or Integration · 1 January 1979Commonwealth Financial Network is an RIA-broker/dealer that provides infrastructure, technology platforms, research, compliance, and back-office support. The firm oversees $344 billion in total account assets as of December 31, 2024, and has been ranked #1 in Independent Advisor Satisfaction by JD Power 13 times. Services include securities processing, investment supervision, and access to a universe of investment options.
• National Financial Services LLC (Fidelity)coreTechnology or IntegrationNFS, a division of Fidelity Investments, provides clearing, custody, and brokerage services for Commonwealth. Monthly statements, year-end tax information, and account assets are held by NFS in client names. NFS provides SIPC protection and additional excess coverage through Fidelity.
• Teacher Retirement Solutions, LLCcoreStrategic or Co-development PartnerPartner firm specializing in financial guidance and strategies for educators, administrators, and their families throughout New England. John J. Gregorio serves as founding partner. The firm has over 20 years of experience helping educators with retirement planning and has been selected as Preferred Benefits Provider for AFT-MA.
• American Federation of Teachers Massachusetts (AFT-MA)strategicChannel Partner/ Reseller/ DistributorAFT-MA members have access to Capital Management Partners' educators retirement planning services through Teacher Retirement Solutions as a preferred benefit provider. Team members present at AFT MA events and work with faculties at local colleges.
• Commonwealth Advanced Planning TeamsupportingTechnology or IntegrationCommonwealth's Advanced Planning team provides wealth management and financial planning expertise addressing complex situations including risk management, investment taxation, charitable giving, estate planning, executive benefits, and more.
• Commonwealth Investment Management and Research TeamsupportingTechnology or IntegrationCommonwealth's Investment Management and Research consultants provide asset allocation recommendations, portfolio construction guidance, and market insights to ensure prudent investment advice for clients.

Scale indicators4 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Modera Wealth Management: Modera Wealth Management is an independent, fee-only RIA serving individuals, families, and small institutions with personalized wealth management and financial planning. It is directly comparable to Capital Management Partners as a similarly sized boutique RIA serving HNW clients with a fiduciary model.
• Ballentine Partners: Ballentine Partners is a multi-family office and independent RIA headquartered in Waltham, MA serving HNW families across New England with comprehensive wealth management. It is directly comparable to Capital Management Partners in geographic focus, client segment, and service offering.
• Carson Group: Carson Group is a large RIA platform and partnership network that supports independent financial advisors with technology, coaching, and back-office infrastructure. It is directly comparable to Capital Management Partners as an alternative partnership model for independent advisor firms seeking scale resources outside the Commonwealth network.
• Sanctuary Wealth: Sanctuary Wealth is an RIA platform partnering with elite independent advisors, providing custody, technology, and growth resources. It is directly comparable to Capital Management Partners as an alternative RIA partnership platform to Commonwealth for high-end independent advisory firms.
• Hightower Advisors: Hightower Advisors is a national RIA platform serving HNW individuals, families, and institutions through a network of partner advisor firms. It is directly comparable to Capital Management Partners as a competing RIA partnership model that enables independent advisors to scale.
• Buckingham Strategic Wealth: Buckingham Strategic Wealth is an independent RIA providing wealth management, financial planning, and tax services to HNW individuals and families. It is directly comparable to Capital Management Partners in service offering and client segment, though typically at larger scale.

Broad incumbents

• Creative Planning: Creative Planning is one of the largest independent RIAs in the United States, providing comprehensive wealth management to individuals, families, and institutions. It is comparable to Capital Management Partners in core service offering (investment management, financial planning) but operates at significantly greater scale and national footprint.
• Mariner Wealth Advisors: Mariner Wealth Advisors is a large national RIA platform offering comprehensive wealth management, financial planning, and tax services to HNW clients. It is comparable to Capital Management Partners in service mix but operates as a much larger multi-office enterprise with institutional capital backing.
• Fisher Investments: Fisher Investments is a large global RIA primarily serving HNW and institutional clients with portfolio management services. It is comparable to Capital Management Partners as a wealth advisory competitor targeting HNW households but at substantially larger enterprise scale.

Others

• Commonwealth Financial Network: Commonwealth Financial Network is the RIA/broker-dealer partner that provides Capital Management Partners with back-office infrastructure, technology platforms, research, compliance, and custody relationships. It is comparable as the operational backbone and infrastructure partner supporting CMP's service delivery rather than as a direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Capital Management Partners