Broker Check


August 06, 2019

Raleigh, N.C. – August 5, 2019 – Capitol Financial Solutions, a Super-OSJ affiliated with Royal Alliance Associates with nearly $1.2 billion in total client assets, today announced the successful recruitment of Fidelity Capital Management, a father-and-son hybrid advisory practice based in Raleigh, N.C., with $80 million in total client assets. Royal Alliance is part of Advisor Group, one of the nation’s largest networks of independent wealth management firms, comprising FSC Securities Corporation, Royal Alliance Associates, SagePoint Financial and Woodbury Financial.

Headed by Will Teague and his father Bill Teague, Fidelity Capital provides objective, professional financial advice to individuals, families and small businesses, with a particular focus on insurance and investment planning and advice. Bill Teague started with the firm in 1976 and took it over in 1994.

“We are thrilled to be adding Fidelity Capital to the Capitol Financial team,” said Robert Turner, President and CEO of Capitol Financial. “From the initial discussions with Will and Bill Teague, we could clearly see that they were financial professionals of uncommon ability, with a loyal client base to whom they are wholly committed. We are in lockstep with them in the way we view our client relationships and feel that we can enhance their ability to serve their clients. At the same time, we at Capitol Financial are enriched by adding advisors with the level of experience the Teagues bring.”

Fidelity Capital’s decision to affiliate with Capitol Financial, Royal Alliance and Advisor Group was driven by its focus on providing the best possible service experience for its clients. Advisor Group and Royal Alliance’s industry-leading software, powerful marketing and practice management support and strong culture, along with their substantial scale and resources, are expected to position Fidelity Capital to reach the next stage in its growth, while delivering even more efficient service.

Will Teague said, “As in all our strategic decisions, we opted to affiliate with Capitol Financial with our clients as our top priority. We were seeking an affiliation with a regional firm with the resources, technology and expertise to help us operate more efficiently and effectively in all aspects of the business. Partnering with Capitol Financial accomplishes this goal, and through its affiliation with Royal Alliance and Advisor Group, also gives us access to a wider breadth of investment products. All this empowers us to focus more on our clients and offer them more than ever before. We look forward to helping our clients progress even further toward their own visions for financial well-being.”

Dmitry Goldin, President and CEO of Royal Alliance, said, “Congratulations to Capitol Financial for the successful recruitment of such a strong practice as Fidelity Capital. Super-OSJs such as Capitol Financial are a key partner with us in the growth story of Royal Alliance, and we greatly value our relationship with them.”

Jamie Price, President and CEO of Advisor Group, said, “Supporting advisors so that they can provide the best possible experience to their clients is the heart of what we do at Advisor Group. The team at Fidelity Capital has built a thriving practice based on hard work, integrity and a relentless focus on doing what is best for their clients, and we are proud to stand in their corner as they look forward to the next stage in their growth.”

About Capitol Financial Solutions

Capitol Financial Solutions’ mission is to provide quality guidance, build relationships of trust, and develop innovative strategies for our clients. We are a full-service financial planning firm that specializes in working with business owners, entrepreneurs, and professionals. What this means is that we invest the time to better educate, organize, and prepare our clients for the inevitable financial issues they face. The real benefit is confidence in knowing you are able to protect and preserve your lifestyle, assets, and loved ones. With our local presence, you can count on a unique client-first experience and resources to help you achieve financial independence for you and future generations.

About Royal Alliance Associates

Royal Alliance Associates, Inc. is part of one of the nation's largest independent financial advisor networks and a Registered Investment Advisor, member FINRA and SIPC. Royal Alliance is supported by Advisor Group, one of the largest truly independent broker-dealer networks in the industry. The firm has more than 3,600 affiliated independent financial advisors and is headquartered in Jersey City. Royal Alliance was founded in 1969 and employs a client driven approach focused on meeting the unique demands of businesses and individuals. For more information visit

About Advisor Group

Advisor Group, Inc. is one of the nation’s largest networks of independent financial advisors serving over 7,000 advisors and overseeing $268 billion in total client assets. Headquartered in Phoenix, AZ, the firm is mission-driven to support the heroic role that advisors can play in the lives of their clients, offering securities and investment advisory services through its subsidiaries FSC Securities Corp., Royal Alliance Associates Inc., SagePoint Financial, Inc. and Woodbury Financial Services, Inc., as broker/dealers, registered investment advisors and members of FINRA and SIPC. Cultivating a spirit of entrepreneurship and independence, Advisor Group champions the enduring value of financial advisors and is committed to being in their corner every step of the way. For more information visit

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