AdvisorCheck - Find and Connect with Top Financial Advisors on Your Terms
Advisor Search
Why Advisor Check

We're Here To Help

AdvisorCheck empowers you to find, evaluate, and monitor financial advisors with confidence and clarity.

Advisor Monitoring

Financial advisor's situations can change, sometimes without notice. AdvisorCheck's Monitoring tool helps you avoid surprises and stay on top of your financial health.

Firm Stability Insights

The stability of your financial advisor's firm has a significant impact in the security and quality of service you receive. Our tool provides historical data and key insights over time to help you make informed, confident decisions.

Pricing
For Advisors
LR

Larry G. Rau

Some features on this profile are disabled
CRD#: 1557459
LR

Professional summary

Larry Gene Rau was barred by the FINRA from acting as a broker or investment advisor or otherwise associating with a broker-dealer firm.

Larry is a previously registered financial professional and started their career in finance in 1986. Prior to being barred, Larry had worked at 5 firms, which includes CAPITAL FINANCIAL SERVICES INC., OKOBOJI FINANCIAL SERVICES INC., VOYA FINANCIAL ADVISORS INC., UBS FINANCIAL SERVICES INC., A. G. EDWARDS & SONS INC..

top-8-questions

Question & Answer

Are you a "fiduciary"?
No

Aliases

None

Other business activities

Outside business activity is any business or activity undertaken by an advisor that is outside the scope of their relationship with their firm (e.g., consulting services, real estate, freelance work, teaching, etc.). Investors should stay informed about these activities to ensure no conflicts of interest.
The advisor shows no other business activity.

Blog Corner

CRS (Client Relationship Summary)

The CRS(Customer Relationship Summary) document is not provided.

Certified licenses

Advisors may have various certifications and credentials from different organizations. AdvisorCheck highlights these seven certifications - AIF®, CFP®, ChFC®, CFA, CLU®, CIMA®, CPWA®
None

Experience

Past

May 14, 2010 - October 1, 2010

CAPITAL FINANCIAL SERVICES, INC.

BD
CRD#: 8408
SIOUX FALLS, SD
Past

March 20, 1996 - May 14, 2010

OKOBOJI FINANCIAL SERVICES, INC.

BD
CRD#: 33727
SIOUX FALLS, SD
Past

April 13, 1995 - May 24, 1996

VOYA FINANCIAL ADVISORS, INC.

BD
CRD#: 2882
WINDSOR, CT
Past

February 5, 1990 - May 11, 1995

UBS FINANCIAL SERVICES INC.

BD
CRD#: 8174
WEEHAWKEN, NJ
Past

September 29, 1986 - February 7, 1990

A. G. EDWARDS & SONS, INC.

BD
CRD#: 4
ST. LOUIS, MO

State Registrations and Notice Filings

Listed states reflect where the advisor is authorized to serve clients under state regulations.

Visual representation of state registrations

This advisor is not registered in any state.

Exams

State Security Law Exam
IAR
Series 65
Date: 8/12/1994
Uniform Investment Adviser Law Examination
State Security Law Exam
RR
Series 63
Date: 9/26/1986
Uniform Securities Agent State Law Examination
General Industry/Product Exam
RR
Series 7
Date: 9/20/1986
General Securities Representative Examination

Current Firm

CF
CAPITAL FINANCIAL SERVICES, INC.
CAPITAL FINANCIAL SERVICES, INC. | CAPITOL CITY INVESTMENTS, INC.

CRD#: 8408 / SEC#: 801-24253, 8-25203

BD
Cancelled by SEC on 04/08/2025
Upgrade to AdvisorCheck Premium
Get A Biweekly Pulse, AutomaticallyReceive biweekly alerts automatically. Stay informed and proactive.
Catch Firm-Level Red Flags SoonerCatch leadership changes and disclosures early, before issues escalate.
See Trends. Not Just SnapshotsMonitor firm stability metrics like AUM and advisor ratios over time.

Contact information

Main Address
1821 West Burdick Expressway, Minot, ND 58701
Mailing Address
Phone number
Established
Wisconsin since 08/11/1980
Firm type
Corporation
Fiscal year end
December
# of Employees

Documents

Latest Form ADV

Part 2 Brochures

CFS ADV PART 2 (3/28/2019)

Direct owners and executive officers

NamePositionCRD#
CAPITAL FINANCIAL HOLDINGS, INC.OWNER
CHRISTIANSON, JOANNE MARIETREASURER5341634
KAPPOTIS, ERNEST DPRINCIPAL OPERATIONS OFFICER4871251
KAPPOTIS, ERNEST DPRINCIPAL FINANCIAL OFFICER4871251
KAPPOTIS, ERNEST DFINOP4871251
POLLARD, DONALD ROBERTPRESIDENT2181631
POLLARD, DONALD ROBERTCHIEF COMPLIANCE OFFICER2181631

Disclosures

Regulatory Event4
Arbitration5

Red Flags

Disclosures can be potential red flags, including customer disputes, regulatory fines, employer terminations, bankruptcies, judgments, liens, or certain criminal activities.

Check for any disclosures as part of your thorough research when choosing an advisor.

Company Information

CAPITAL FINANCIAL SERVICES, INC.

CRD#: 8408

TRUST BUT VERIFY

Monitor Larry Rau

Get automatic monthly alerts on:
Job or Firm Moves
Licensing Changes
Client Complaints
New Red Flags
Contact Information Updates

Similar Advisors

Stephen Albert Zahka
Stephen ZahkaAdvisorCheck Check Mark
EDWARD JONES
IAR
RR
Marlborough, MA
Marshall Lee Rosen
Marshall RosenAdvisorCheck Check Mark
OSAIC WEALTH, INC.
IAR
RR
Fort Lauderdale, FL
Frank Horace Moore III
Frank MooreAdvisorCheck Check Mark
UBS FINANCIAL SERVICES INC.
IAR
RR
Greenwich, CT
footer-logo
How We Help
Advisor Search
Find Advisors by State
Blog
Glossary
For Advisors
About Us
Help Center
Terms Of UsePrivacy PolicySubscription Policy
Help Center
AdvisorCheck does not offer investment advice and should not replace discussions with professional accounting, tax, legal or financial advisors.© 2025 AdvisorCheck, an AIMR Analytics company. All rights reserved.