CAPSTONE FINANCIAL ADVISORS INC

CRD 109341File 801-56979

APPROVED

Retail clients

Custody

Filing as of Mar 31, 2026

Feed vintage Aug 17, 2026

Regulatory AUM

$2.87B

Top 25% of cohort (national)

Discretionary AUM

$2.86B

Non-discretionary $7.9M

Clients

1,072

4,173 accounts

Employees

Top 25% of cohort in IL

Identity & registration

ADV Item 1

Organization form: Corporation
Firm type: Registered
SEC region: CHRO
Registration date: Nov 16, 1999
Principal office: 2001 BUTTERFIELD ROAD, SUITE 1750, DOWNERS GROVE, IL, 60515
Phone: 630-241-0833
Website: HTTPS://WWW.CAPSTONE-ADVISORS.COM

Assets & accounts

ADV Item 5F

Total regulatory AUM: $2.87B
Discretionary AUM: $2.86B
Non-discretionary AUM: $7.9M
Discretionary accounts: 4,164
Non-discretionary accounts: 9
Total accounts: 4,173
AUM per client: $2.7M

Clients by type

ADV Item 5D

Client type	Clients	AUM
Charitable organizations	Fewer than 5	$3.2M
High net worth individuals	376	$2.59B
Pension and profit sharing plans	4	$7.1M
Individuals (other than high net worth individuals)	692	$263.6M

Compensation & activities

ADV Items 5E, 5G

Compensation

Other
Fixed fees
Hourly charges
Other (described) — FIXED QUARTERLY RETAINERS
A percentage of assets under your management

Advisory activities

Financial planning services
Selection of other advisers
Portfolio management for other
Portfolio management for individuals and/or small businesses

Custody

ADV Item 9

Firm Custody Cash: Yes
Firm Custody Assets: No
Firm Custody Clients: No
Firm Custody Securities: Yes
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: No

Disclosure events

ADV Item 11

This firm answered no to every Item 11 disclosure question in this filing.

Filed changes

Date	Field	From	To
Aug 12, 2026	Registration	—	APPROVED

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.