Capital Investment Advisors Inc

Item 5: Fees and Compensation                                     the implementation of the plan generates brokerage or
                                                                  insurance commissions.

                                                                  Clients selecting either the Early Career, Mid Career, or
Fees We Assess:                                                   Established Career annual review services may elect to
                                                                  pay the entire amount in advance or may elect to pay in
                                                                  monthly or quarterly installments in advance.
                  Financial Planning Services                     The fees calculated for Established Career annual
                                                                  review services will be offset by credits a client receives
                                                                  for asset management services paid to us. The fee may
  Service Level         Initial Plan            Annual Review
                                                                  be further reduced by a credit equal to a portion of the
                                                                  premium paid over the first two years on qualifying life
                                                                  insurance contracts (commissions generated in excess
                                                                  of $10,000) purchased through the affiliated insurance
                     1% of salary not to   .5% of salary not to
                       exceed $1,500         exceed $1,500
                                                                  activities for our representatives. This offset would
 Early Career
                     Minimum fee $500       Minimum fee $500      apply specifically to Established Career annual review
                                                                  clients. The representative reserves the right to reduce
                                                                  planning fees for other levels of service on a per person
                                                                  basis if valid circumstances exist.

CAPITAL INVESTMENT ADVISORS, INC.                                                      Part 2A of Form ADV |                       7
CRD Number: 118269                                                                                       June 11, 2026

We reserve the right to charge up to an additional $500     is due at the time the client signs the planning
for plans that are presented to clients at a location       agreement. The initial payment is generally one half of
other than our offices.                                     the full fee. The balance of payment due will be
                                                            invoiced upon presentation of the plan to the client.
The fees for unique consultation and analyses services
                                                            Payment is expected within 30 days of the invoice.
are negotiated between the Capital Investment Advisor
Representative and the client, but generally range from     All annual review contracts automatically renew each
$500 per hour for a CIA firm principal, $350 per hour       year and may be canceled by the client at any time in
for a CIA firm manager, $200 per hour for a CIA firm        writing. After the initial year, clients electing to pay for
senior associate, to $150 per hour for a CIA firm           our Annual Review services on a periodic basis will be
associate.                                                  billed via invoice when payment is due. Payment is
                                                            expected within 30 days following the invoice. If a
If a client elects to retain our representative to
                                                            credit card is on file for monthly, quarterly, or annual
implement the recommendation of the plan, we may
                                                            payment, CIA will automatically charge this credit card
reduce the amount of our annual review fee to provide
                                                            when the contract renews annually, or until notified by
credit for some or all of the investment advisory fees or
                                                            the client. An invoice memorandum will be provided to
product sales commissions our representative may
                                                            the client in the first annual review meeting each year.
earn through the implementation. Under certain
situations, fees may be negotiable.
                                                            Other Fees and Expenses a Client May Incur:
Typically, Early Career annual review clients will          It is not anticipated that a client will incur any
transfer into the Mid Career or Established Career          additional fees and expenses in connection with our
programs when they bring in AUM to manage. The              initial planning or annual review services. If we incur
ongoing fees for annual review and asset management         large postage or express delivery costs or, fees paid to
services for the Mid Career and Established Career          obtain registered or certified copies of documents, we
programs are shown on page 7. Fees for ongoing              reserve the right to invoice the client for
financial planning range from $500 to $25,000 in the        reimbursement of those costs.
Mid Career and Established Career programs along
                                                            If a client requests that our representative meet with
with separate charges for asset management that range
...

Item 7: Types of Clients                                   Financial Planning Services plan, our representative
                                                           will present a client’s cash needs and financial
We provide investment advice and financial planning        objectives through our income review conversations in
advice to:                                                 five-year time segments over the next twenty years of
    ❖ Individuals                                          the plan. The client’s immediate needs are addressed
                                                           in the first-time segment. Through our planning
    ❖ High Net-Worth Individuals
                                                           process, our representative will have attempted to
    ❖ Pension & Profit-Sharing Plans
                                                           identify the amount of funds that should be included in
    ❖ Trusts, Estates, and Charitable Non-Profit
                                                           this initial segment. As these needs are immediate, we
      Organizations                                        attempt to place these funds in minimal risk
    ❖ Foundations                                          investments. These investments may include savings
While CIA does not have a minimum amount to                accounts, certificates of deposit, US Government
establish an account or work with our representatives,     securities.
third-party asset managers may have minimum
requirements to establish managed accounts.                Our approach cannot be guaranteed to achieve our
                                                           clients’ objectives, and there is a chance our risk-
                                                           matched investment pools may not recognize the level