Capital Ideas, Llc
- Regulatory AUM
- $336M
- Discretionary
- $334M
- Clients
- 96
- Avg AUM / client
- $3.5M
- Accounts
- 270
- Employees
- 5
AUM over time
Annual snapshots from Form ADV filings · as of Mar 30, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 46 | $14.8M | 4.4% |
| High net worth individuals | 50 | $246M | 73.1% |
| Pension and profit sharing plans | Fewer than 5 clients | $12.0M | 3.56% |
| Charitable organizations | Fewer than 5 clients | $34.9M | 10.4% |
| Other investment advisers | Fewer than 5 clients | $22.5M | 6.69% |
| Corporations and other businesses | Fewer than 5 clients | $3.7M | 1.09% |
| Other | Fewer than 5 clients | $2.5M | 0.73% |
People (5)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Karen Rayburn Burns | President | Apr 1998 (28y) | Less than 5% | |
| Clifford John Brott | Chairman Emeritus | CFP | May 1998 (28y) | Less than 5% |
| Andrew Peter Kerai | Chairman/Chief Compliance Officer | CFA | Dec 2021 (5y) | ≈ 18.75% – 50% via Alpha Capital Dallas, Llc |
| James David Jacobson | Member | Dec 2021 (5y) | ≈ 18.75% – 50% via Alpha Capital Dallas, Llc | |
| John David Edwards | Registered representative | CFA | Apr 2024 (2y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Alpha Capital Dallas, Llc | Shareholder | Dec 2021 | A | 75% or more |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Andrew Peter Kerai: 25% – 50% of Alpha Capital Dallas, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
- James David Jacobson: 25% – 50% of Alpha Capital Dallas, Llc × 75% – 100% direct ≈ 18.75% – 50% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 03/30/2026 | 1020 KB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
Services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
Custody
Reported custodians
- Wells Fargo $157M (47% of AUM) Mar 2026
- Charles Schwab & Co. $141M (42% of AUM) Mar 2026
- Fifth Third Securities, Inc. $42.3M (15% of AUM) Jan 2026
- Bank Of America Private Bank $23.2M (10% of AUM) Oct 2023
- Merrill Lynch $17.6M (8% of AUM) Dec 2024
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports it does not have custody of client funds or securities (Item 9.A).
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Mar 30, 2026.
View current Form ADV (SEC/IAPD) ↗