Capital Planning, Llc
- Regulatory AUM
- $618M
- Discretionary
- $618M
- Clients
- 296
- Avg AUM / client
- $2.1M
- Accounts
- 1,169
- Employees
- 12
AUM over time
Reported AUM from Form ADV filings, plotted by filing date · as of Mar 31, 2026
Investments (13F portfolio — 82 positions, $307,448,532)
13F period Mar 31, 2026| # | Issuer | Class | Value | Shares | % of 13F | % of AUM |
|---|---|---|---|---|---|---|
| 1 | I Shares Core S&P 500 Etf | Exchange Traded Fund | $44,165,162 | 67,613 | 14.4% | 7.15% |
| 2 | Schwab Us Large Cap Growth Etf | Exchange Traded Fund | $26,401,634 | 906,338 | 8.59% | 4.27% |
| 3 | Microsoft Corp | Common Stock | $19,954,090 | 53,905 | 6.49% | 3.23% |
| 4 | I Shares Core Dividend Growth Etf | Exchange Traded Fund | $18,127,399 | 258,299 | 5.9% | 2.93% |
| 5 | Vanguard Large Cap Etf | Exchange Traded Fund | $12,167,080 | 40,713 | 3.96% | 1.97% |
| 6 | Vanguard Mid Cap Etf | Exchange Traded Fund | $11,445,876 | 39,856 | 3.72% | 1.85% |
| 7 | Vanguard Information Technology Etf | Exchange Traded Fund | $10,988,574 | 15,749 | 3.57% | 1.78% |
| 8 | Vanguard Small Cap Etf | Exchange Traded Fund | $10,932,029 | 41,738 | 3.56% | 1.77% |
| 9 | I Shares Msci Usa Min Vol Factor Etf | Exchange Traded Fund | $10,646,088 | 114,795 | 3.46% | 1.72% |
| 10 | Vanguard Mega Cap Value Etf | Exchange Traded Fund | $10,299,857 | 71,058 | 3.35% | 1.67% |
| 11 | Vanguard Mega Cap Growth Etf | Exchange Traded Fund | $9,942,926 | 27,060 | 3.23% | 1.61% |
| 12 | Vanguard Growth Etf | Exchange Traded Fund | $8,798,261 | 20,143 | 2.86% | 1.42% |
| 13 | The Technology Select Sector Spdr Etf | Exchange Traded Fund | $8,766,854 | 65,966 | 2.85% | 1.42% |
| 14 | I Shares Msci Usa Momentum Factor Etf | Exchange Traded Fund | $7,328,335 | 30,536 | 2.38% | 1.19% |
| 15 | Boeing Co | Common Stock | $7,006,453 | 35,203 | 2.28% | 1.13% |
| 16 | I Shares Core S&P Total Us Stock Mkt Etf | Exchange Traded Fund | $6,057,272 | 42,528 | 1.97% | 0.98% |
| 17 | Fidelity Msci Information Tech Etf | Exchange Traded Fund | $5,752,583 | 27,650 | 1.87% | 0.93% |
| 18 | Apple Inc | Common Stock | $5,526,821 | 21,777 | 1.8% | 0.89% |
| 19 | Vanguard Dividend Appreciation Etf | Exchange Traded Fund | $5,489,843 | 25,527 | 1.79% | 0.89% |
| 20 | Schwab Us Mid Cap Etf | Exchange Traded Fund | $4,969,699 | 160,520 | 1.62% | 0.8% |
| 21 | Quanta Services Inc | Common Stock | $4,755,062 | 8,661 | 1.55% | 0.77% |
| 22 | Capital Group Municipal Income Etf | Exchange Traded Fund | $4,590,685 | 169,086 | 1.49% | 0.74% |
| 23 | I Shares Core S&P Small Cap Etf | Exchange Traded Fund | $4,488,337 | 36,106 | 1.46% | 0.73% |
| 24 | First Trust Smith Opportnstc Fxd Inc Etf | Exchange Traded Fund | $4,406,470 | 101,089 | 1.43% | 0.71% |
| 25 | Jp Morgan Core Plus Bond Etf | Exchange Traded Fund | $4,374,815 | 92,923 | 1.42% | 0.71% |
Top 25 of 82 positions from the manager's latest Form 13F · source filing (EDGAR) ↗. 13F covers long US-listed positions only. "% of AUM" is share of the firm's total regulatory AUM (Form ADV Item 5.F).
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Individuals (non-high net worth) | 118 | $54.8M | 8.87% |
| High net worth individuals | 171 | $554M | 89.7% |
| Charitable organizations | Fewer than 5 clients | $6.0M | 0.97% |
| Corporations and other businesses | 7 | $2.8M | 0.46% |
People (5)
roster as of Jul 20, 2026| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Michael Darrell Miller | Chairman, Chief Executive Officer | CFP Chartered Financial Consultant | Apr 1983 (43y) | ≈ 56.25% – 100% via M3 Holdings Corp Dba Capital Planning Corporation |
| James Earl Kelley | Member, President, Chief Operating Officer | CFP | Jan 2014 (13y) | 10% – 25% |
| Brenda Jammy Lee | Registered representative | Chartered Financial Consultant | Jan 2014 (13y) | |
| Christian Michael David Miller | Registered representative | Dec 2023 (3y) | ||
| Leigh Daniel Jerome Washington | Registered representative | Feb 2025 (1y) |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| M3 Holdings Corp Dba Capital Planning Corporation | Owner | Oct 2013 | A | 75% or more |
Undisclosed: 0% – 15% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Michael Darrell Miller: 75% – 100% of M3 Holdings Corp Dba Capital Planning Corporation × 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) | 03/31/2026 | 959 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
- • Hourly charges
- • Fixed fees
Services
- • Financial planning services
- • Portfolio management for individuals/small businesses
- • Portfolio management for businesses/institutional clients
- • Selection of other advisers
- • Educational seminars/workshops
- • Other services
Custody
Reported custodians
- Charles Schwab & Co. $596M (96% of AUM) Mar 2026
- Pershing $263M (61% of AUM) Jun 2020
Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).
Firm reports having 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 31, 2026.
View current Form ADV (SEC/IAPD) ↗