Capstone Wealth Advisors

What Capstone Wealth Advisors does

Capstone Wealth Advisors, Inc. is a privately held, fee-only fiduciary registered investment advisor founded in 2002 and headquartered at 5875 Castle Creek Parkway Drive, Suite 290, Indianapolis, Indiana. The firm operates as a small practice with four principal/advisor members—Ronald J. Rich (founder/Principal, CPA/ChFC/CLU), Thomas M. Steinmetz (founding partner/Principal), Jacob C. Rich (President, CFP), and Teresa L. Barthuly (Administrator/Financial Advisor)—and serves clients in-person at its Indianapolis office and virtually across the United States.

The firm delivers a unified wealth management offering built on three product lines: Wealth Advisory Services (coordinated investment management, portfolio design, manager selection, and tax management), Financial Planning (tax, estate, charitable giving, risk, retirement, and stock option planning), and Business Advisory Services for private business owners. It also runs four vertical service tracks for Physicians, Medical Practices, Business Owners, and Retirees. Technology is limited to third-party infrastructure: the SEI Connect client portal for document sharing and outside-account aggregation, plus the SEI Cash Access mobile app. There is no proprietary technology, mobile app of its own, or disclosed AI capability.

Revenue is generated primarily through an AUM-based fee schedule (0.25% to 1.25% of assets under management, with larger portfolios charged lower percentages), supplemented by project-based Financial Planning fees and Business Advisory fees that are quoted in advance. The firm does not earn commissions, rebates, or finder fees, which is a core element of its fiduciary positioning. GTM motion is sales-led and inside-sales hybrid, combining introductory call scheduling, weekly email newsletter, blog content, and referral flow from NAPFA, Fee Only Network, FPA, and CFP Board memberships. No revenue, AUM, or client count is publicly disclosed.

Name

Capstone Wealth Advisors

Legal name

Capstone Wealth Advisors, Inc.

Website

https://capstonewa.com

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Wealth Management Advisory Services

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Advisory Portfolio Management (Non-Discretionary) (FSAAABAD)

akta.pro secondary industry

Financial Planning & Goals-Based Advice (Mass Affluent) (FSAAAAAF)

Keywords

• Wealth management services
• Financial planning
• Investment advisory
• Fiduciary advisory
• Retirement planning

Headquarters

HQ city

Indianapolis

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Wealth Advisory (AUM): Fees based on percentage of assets under management (AUM), ranging from 0.25% to 1.25% depending on portfolio size. This is the primary revenue stream for ongoing client relationships.
2. Financial Planning: Project-based fees determined by scope of work, communicated in advance with written consent before engagement.
3. Business Advisory: Fees based on scope of business advisory projects, always communicated in advance with written consent.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Capstone Wealth Advisors is a fee-only fiduciary financial advisory firm offering comprehensive wealth management and financial planning services. Core offerings include Wealth Advisory (investment policy, portfolio design, manager selection, tax management) and Financial Planning (tax, estate, charitable, risk management, retirement, cash flow, college funding, stock options), with specialized advisory tracks for physicians, business owners, medical practices, and retirees. The firm operates from Indianapolis, Indiana, serving clients in-person and virtually across the United States.

Product overview

Capstone Wealth Advisors is a fee-only fiduciary financial advisory firm offering a unified service model built around comprehensive wealth advisory and financial planning. The core offerings include Wealth Advisory Services (coordinated investment management, portfolio design, and tax management) and Financial Planning (covering tax, estate, charitable giving, risk management, retirement, and more), which serve as the foundation for specialized advisory services targeting Physicians, Medical Practices, Business Owners, and Retirees. The firm was founded in 2002 and operates on a fee-only basis with Wealth Advisory Fees ranging from 0.25% to 1.25% of assets under management. Clients access services in-person at their Indianapolis office or virtually across the United States, with secure client portals and mobile banking apps providing ongoing account access.

Differentiator

Problem solved

Functional benefit

Products and services

• Wealth Advisory Services Comprehensive wealth advisory service coordinating all aspects of client wealth beyond investments, including investment policy statement development, portfolio design, manager selection and monitoring, and tax management to help clients achieve life goals.
• Financial Planning Customized financial planning covering tax planning, charitable giving, estate planning, risk management, cash flow analysis, college funding, real estate analysis, retirement planning, and stock option planning.
• Business Advisory Services Business advisory services designed for private business owners addressing both individual and business needs, including tax reduction strategies, asset leveraging, tax benefit maximization, and asset protection.
• Physicians Financial Services Specialized financial services for physicians addressing unique issues including debt management, tax planning opportunities, savings optimization, and coordination of wealth across competing income demands.
• Medical Practices Advisory Practice management advisory including strategic planning, ancillary service development, operational and financial analysis, and 401(k), Profit Sharing, Cash Balance, and 457 plan design implementation.
• Retirees Advisory Services Retirement income optimization services including personalized withdrawal strategies, investment drawdown optimization, and coordination with Social Security and pension income sources.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

Feature1 record

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Ronald Blue Trust: Fee-only Christian-affiliated RIA offering comprehensive financial planning, investment management, and tax services to HNW individuals and families — directly comparable in service model and client base.
• Buckingham Strategic Wealth: Fee-only fiduciary RIA offering comprehensive financial planning, investment management, and tax planning to HNW clients — directly comparable in business model, fee structure, and service breadth to Capstone.
• Modera Wealth Management: Fee-only fiduciary RIA offering wealth management, financial planning, and tax services to HNW clients and business owners — directly comparable in business model and target segments to Capstone.
• Plante Moran Financial Advisors: Fee-only RIA affiliated with a Top-10 accounting firm providing wealth management and financial planning to HNW individuals, business owners, and retirees — closely aligned with Capstone's service mix and CPA-credentialed approach.

Broad incumbents

• Carson Group (Carson Wealth): Large fee-only RIA platform serving HNW individuals with comprehensive wealth management and financial planning, similar in service offering but vastly larger in scale, advisor count, and corporate infrastructure.
• Corient: Large fee-only wealth management platform with notable depth in serving physicians, business owners, and other HNW professionals — overlapping directly with Capstone's primary segments but at materially larger scale.
• Edelman Financial Engines: One of the largest U.S. independent RIAs providing wealth management and financial planning to HNW households — overlaps with Capstone's full-service fee-only value proposition but operates at vastly greater scale with hybrid advisor + digital capabilities.
• Creative Planning: One of the largest U.S. fee-only RIAs providing wealth management, tax, estate, and financial planning to HNW clients nationwide — a scaled-up version of Capstone's fee-only fiduciary model.
• Mercer Advisors: Nationwide fee-only RIA providing wealth management, financial planning, and tax services to HNW households; comparable in service model but much larger and backed by private-equity ownership.

Emerging players

• Facet Wealth: Digital-first fee-only financial planning and investment advisory firm serving HNW clients virtually nationwide — comparable in fee-only fiduciary positioning but distinguished by a tech-enabled, no-in-person model versus Capstone's hybrid in-person + virtual approach.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/capstonewa
• LinkedInlinkedin.com/company/capstone-wealth-advisors

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Capstone Wealth Advisors