Capital Asset Management

Michael T. Chappell serves as President and the sole named investment adviser representative on the firm's SEC Form ADV. Public filings do not list additional portfolio managers, research analysts, or an investment committee. The firm operates as a single-adviser RIA, meaning Chappell personally constructs and monitors client portfolios without delegation to a separate CIO or external sub-adviser.

No. The firm's ADV filing lists zero proprietary funds, private investment vehicles, or affiliated product manufacturers. Capital Asset Management does not act as a sponsor of any pooled investment vehicle, wrap-fee program, or structured note. Client assets are allocated across third-party securities and insurance-company retirement products.

Client portfolios are constructed primarily from publicly traded equities, fixed-income securities, and insurance-based retirement instruments such as fixed and variable annuities. The firm does not market private equity, venture capital, direct real estate, or hedge-fund access as core allocation components. Its investment strategy centers on tax-efficient distribution planning rather than alternative-asset sourcing.

Client acquisition follows a referral-based model centered on professional networks inside Washington, DC's federal agencies, legal community, and trade associations. The firm does not maintain a public marketing presence, publish thought leadership, or run a digital lead-generation funnel. Its four-decade tenure in the same headquarters location reflects a relationship-driven practice with low observable client churn.

No disclosed succession plan appears in the firm's regulatory filings or public communications. The ADV lists no junior partners, associate advisers, or next-generation owners. Given the founder's tenure since 1981 and the absence of additional named principals, the firm's continuity beyond Chappell's individual practice window remains an open structural question for clients and potential acquirers.