Capital Management Advisors Inc
- Regulatory AUM
- $52.0M
- Discretionary
- $48.5M
- Clients
- 115
- Avg AUM / client
- $452K
- Accounts
- 198
- Employees
- 4
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Dec 12, 2025
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 115 | $32.2M | 61.9% |
| High net worth individuals | Fewer than 5 clients | $9.9M | 18.9% |
| Pension and profit sharing plans | Fewer than 5 clients | $2.9M | 5.51% |
| Charitable organizations | Fewer than 5 clients | $4.4M | 8.43% |
| Corporations and other businesses | Fewer than 5 clients | $2.7M | 5.26% |
People (2)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Propes, Teddy, Joe | Chief Investment Officer | May 1991 (35y) | ≈ 56.25% – 100% via Consolidated Capital Management, Inc. | |
| Propes, Nathaniel, Curtis | Chief Compliance Officer | Apr 2009 (17y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Consolidated Capital Management, Inc. | Owner | May 1991 | 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):
- Propes, Teddy, Joe: 75% – 100% of Consolidated Capital Management, Inc. × 75% – 100% direct ≈ 56.25% – 100% 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) | 12/12/2025 | 1.25 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
Allegations: CAPITAL MANAGEMENT ADVISORS, INC. FAILED TO FILE REGISTRATIONS AND NOTICE FILINGS WITH THE ALABAMA SECURITIES COMMISSION FOR JANUARY 1, 2008 TO JUNE 25, 2008. TOMMIE J. GOGGANS WAS NOT REGISTERED AS AN INVESTMENT ADVISER REPRESENTATIVE FROM 2005 UNTIL 2010. Status: Final Sanction Detail: THE DISPOSITION RESULTED IN A FINE OF $20000. AS OF AUGUST 2012 THE FINE HAS BEEN PAID IN FULL. Summary: THE FINE HAS BEEN PAID IN FULL AS OF AUGUST 2012. THE ALABAMA SECURITIES COMMISSION ENTERED A CONSENT ORDER ON 08/02/2010 THAT DECLARED CAPITAL MANAGEMENT ADVISORS COULD CONTINUE TO OPERATE ITS BUSINESS AS USUAL IN THE STATE OF ALABAMA.
Disclosure text reproduced verbatim from the firm's own Form ADV filings.
How they charge
- • Percentage of assets under management
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Pension consulting services
Custody
Firm reports it does not have custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Dec 12, 2025.
View current Form ADV (SEC/IAPD) ↗