First Capital Advisors Group

What First Capital Advisors Group does

First Capital Advisors Group is a hybrid registered investment advisor that provides comprehensive wealth management services to high-net-worth individuals and multigenerational families across the Northeast United States. Its core offering coordinates tax, investment, estate, retirement, and business planning disciplines into a single, custom financial plan, supported by specialized service modules including tax strategies, investment management, risk management and insurance, estate planning, retirement income planning, annuities, trust services, private client wealth management, special needs planning, and business exit planning.

The firm operates through three physical offices — Little Silver, NJ (headquarters), Blue Bell, PA, and New York Grand Central — staffed by four credentialed financial advisors (CLU, ChFC, CFP, CTFA, RICP designations) and six client service associates. Revenue is generated primarily through recurring advisory fees on assets under management, supplemented by tax preparation, annuities, and retirement plan consulting. Client accounts are held across multiple third-party custodian platforms including EMONEY, Raymond James, Fidelity, and Schwab Alliance.

On August 17, 2023, First Capital Advisors Group was acquired by Wealth Enhancement Group, a national independent wealth management firm with more than $70.8 billion in total client assets. The firm brought approximately $341 million in AUM into the platform and now operates under the FC Team branding while retaining its client relationships, service model, and local market identity within the broader Wealth Enhancement network.

Name

First Capital Advisors Group

Legal name

First Capital Advisors Group, LLC

Website

https://firstcapadv.com

Company type

Private

Founded year

2015

Operating status

Acquired

Headcount range

11–50 employees

Short description

First Capital Advisors Group is a hybrid RIA serving high-net-worth, multigenerational families in the Northeast US with coordinated wealth, tax, estate, and retirement planning, operating under Wealth Enhancement Group since its 2023 acquisition.

Ownership category

akta.pro rank

Product category

Wealth Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Registered Investment Advisor (RIA) Wealth Management (FSAEABAA)

akta.pro secondary industries

Financial Planning–Led RIAs (FSAAACAB), Retirement & Distribution Planning RIAs (401(k)/IRA/Pension Rollovers) (FSAAACAE), Portfolio Management–Led RIAs (Discretionary/Model-Based) (FSAAACAC)

Keywords

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

Headquarters

HQ city

Little Silver

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Wealth Management Advisory Services: The firm provides comprehensive wealth management services including financial planning, investment management, tax strategies, estate planning, and retirement income planning. Revenue is generated through advisory fees, likely based on assets under management (AUM) given the hybrid RIA structure.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels6 records

Core offering

First Capital Advisors Group is a hybrid registered investment advisor (RIA) that delivers comprehensive wealth management services to high-net-worth, multigenerational clients. The firm's core offering coordinates tax planning, investment management, estate planning, retirement income planning, and financial planning into a single, customized financial plan. It also provides specialty services for businesses including retirement plan consulting, business growth and exit planning, and employee benefits program design.

Product overview

First Capital Advisors Group, a hybrid RIA acquired by Wealth Enhancement Group, offers a comprehensive suite of wealth management services. The core offering is Comprehensive Wealth Management, which employs simultaneous coordination of tax, financial, investment, estate, and business planning to produce custom financial plans. This is complemented by specialized service modules including Tax Strategies, Investment Management, Risk Management & Insurance, Estate Planning, Retirement Income Planning, Financial Planning, Annuities, Tax Preparation, Trust Services, Private Client Wealth Management, Special Needs Planning, and Employee Retirement Account Management for individuals. For businesses, the firm provides Retirement Plan Consulting, Business Growth & Exit Planning, and Employee Benefits Program services. The firm serves high-net-worth, multigenerational clients with approximately $341 million in assets under management across locations in Little Silver, NJ, Blue Bell, PA, and New York, NY.

Differentiator

Problem solved

Functional benefit

Products and services

• Comprehensive Wealth Management Full-service wealth management offering that coordinates tax, financial, investment, estate, and business planning to produce comprehensive, custom financial plans for high-net-worth, multigenerational clients.
• Tax Preparation Individual tax preparation services offered as a standalone service to clients.
• Trust Services Trust services offered through Wealth Enhancement Trust Services, Inc. to support clients' estate and legacy planning needs.
• Private Client Wealth Management Specialized wealth management services tailored for high-net-worth private clients.
• Special Needs Planning Financial planning services tailored for families with special needs dependents.
• Employee Retirement Account Management Management services for individual employee retirement accounts.
• Retirement Plan Consulting Consulting services for businesses regarding retirement plan strategies and design.
• Business Growth & Exit Planning Planning services to help business owners grow their businesses and prepare for ownership transition or exit.
• Employee Benefits Program Employee benefits program planning and consulting services for businesses.

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Wealth Enhancement GroupcoreStrategic or Co-development Partner · 17 August 2023First Capital Advisors Group was acquired by Wealth Enhancement Group, a national independent wealth management firm with more than $70.8 billion in total client assets. The acquisition brought approximately $341 million in assets under management, 4 financial advisors, and 6 support staff to the firm. FC Team continues to operate under the Wealth Enhancement Group umbrella while maintaining its brand identity and client relationships.

Scale indicators3 records

Recent moves5 records

Expansion highlights5 records

Broad incumbents

• Creative Planning: Large independent RIA providing comprehensive wealth management, tax, estate, and retirement plan services to HNW clients nationwide. Comparable in service breadth, HNW/multi-generational positioning, and integrated planning-led approach.
• Focus Financial Partners: National RIA aggregator and partnership platform for independent wealth management firms. Operates a similar 'partner team within a platform' model with HNW clientele and is a direct comparable to the Wealth Enhancement Group structure that First Capital joined.
• Edelman Financial Engines: Hybrid RIA combining advisor-led wealth management with digital planning tools. Comparable for its hybrid RIA structure, HNW private client services, and retirement plan consulting arm serving similar end-client segments.
• Mariner Wealth Advisors: National independent wealth management firm offering comprehensive financial planning, investment management, tax, and estate services to HNW families and institutions. Comparable in integrated planning model and HNW/multi-generational client focus.
• Wealth Enhancement Group: Direct parent platform and operating aggregator of independent RIA teams including First Capital Advisors Group. Comparable as a hybrid wealth management platform serving HNW clients with a multi-team, multi-office model across the US.

Direct peers

• Sanctuary Wealth: Wealth management platform partnering with elite advisor teams serving ultra-HNW and HNW clients. Comparable as a partnership model for high-credential advisor teams offering comprehensive wealth and estate planning.
• Carson Group: Hybrid RIA and wealth management firm serving HNW clients and the advisors who serve them. Comparable for its holistic financial planning, tax, investment, and estate offering delivered through affiliated advisor teams.
• Hightower Advisors: National RIA partnership platform serving HNW individuals, families, and institutions. Closely comparable in structure (partner teams operating under one brand with shared back-office, custody, and investment resources) and target market to Wealth Enhancement Group and its partner teams.
• CAPTRUST: Independent RIA specializing in investment management for HNW individuals, families, and institutional retirement plans. Comparable for its dual focus on private wealth and retirement plan consulting delivered through credentialed advisors.
• Private Advisor Group: Hybrid RIA and independent broker-dealer supporting financial advisors serving HNW clients. Comparable in hybrid structure, advisor-team model, and HNW planning-led service suite.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 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 First Capital Advisors Group