Structure and Capabilities

Capital Portfolio Management (CPM) is a Registered Investment Advisory (RIA) firm.

We are organized as a Limited Liability Company (LLC) with three Portfolio Managers, Todd Reeves, Jared Rand, and Johnny Orindgreff.

Todd and Jared are also Registered Representatives of Comprehensive Asset Management and Servicing, Inc., a Registered Broker/Dealer. The Comprehensive Group currently uses Pershing, LLC, for clearing and custody.

Barbara Stearman is our Director of Operations. Barbara is an employee, not a partner in the firm.

We are, first and foremost, investment managers. We do not rely on outside money managers or packaged products for our clients. We make the investment decisions for our clients, and we are responsible for those decisions.

Most of our accounts are discretionary, meaning that we have full trading authority for our client accounts.

We have access to all major US stock exchanges, and have the ability to trade individual stocks, Exchange Traded Funds (ETFs), and mutual funds. We also have the ability to trade options. We typically use options as a risk management and income generation tool (covered calls, protective puts, cashless collars, etc…) and not a speculative tool.

We also have full access to the fixed income markets, Treasury bonds, Municipal bonds, Corporate bonds, Commercial Paper, and other instruments. We can structure bond ladders and more sophisticated fixed income strategies for special situations.

We operate on 5 basic platforms:

Managed Stock and ETF accounts

This platform is for taxable and non-taxable individual accounts, corporate accounts, small institutional and non-profit accounts, and some employee benefit accounts. These accounts are managed through the RIA and are held at Fidelity. The minimum account size for this platform is $100,000 and there is no maximum account size. These are fee based accounts.

Managed IRA accounts

This platform is for non-taxable (qualified) accounts. Traditional IRA, Roth IRA, SIMPLE IRA, SEP IRA, and similar account structures that are not large enough to meet the minimum for our managed stock accounts are managed on this platform. Through a unique relationship with Security Benefit in Topeka, we manage these accounts on a sophisticated portfolio management platform that allows us to manage a virtually unlimited number of accounts without significant additional effort relative to assets managed on this platform. The minimum account size for this platform is $1000. There is no maximum, but accounts over $100,000 are considered for movement to our managed stock accounts mentioned above. These accounts are fee based.

Managed Annuity accounts

Most of the annuities we manage are at Security Benefit, and are managed similarly to the managed IRA accounts mentioned above. Since most annuities are commission based, we do not charge a fee on these assets.

Managed Outside Retirement accounts

We manage 401k and 403b plan accounts at the individual level, managing allocations for a fee, based on the size of the account, starting at 1% annually.

Traditional Brokerage accounts

For clients that prefer a more traditional brokerage account, we have traditional commission based platform.

We currently manage millions of dollars of client accounts, ranging from $1,000 accounts on the IRA platform to multi million dollar managed stock accounts.

We have seen significant growth in our business since it’s inception. We do very little advertising; most of our business comes from referrals from existing customers.

The demographics of our clientele are broad, but generally, most are individuals and families with a moderate risk tolerance. We do have corporate accounts but most of those are extensions of an individual or family. Moderate risk can mean different things to different people however to us it means someone who understands that there is risk of short term loss in the market, but also risk of long term loss with inflation. Most desire to be protected from both, they are neither greedy nor paranoid about the market. The bulk of these clients are in their late 40's to mid 60's, though our client base ranges from mid 20's to mid 90's. What has made us successful has been our disciplined approach to investing. We realize where our strengths and weaknesses are with those disciplines and share those with our clients. No investment strategy works perfectly in all market conditions, but a consistent approach with good communication can attain long term inflation beating returns, while minimizing losses in the short term.