Capital Wealth
Downtown Los Angeles rising above the marine layer at dawn
Capital Wealth · Los Angeles · Independent

Wealth management for people who want the reasoning, not just the returns.

We read the Journal every morning and publish what it changes. 401(k) planning, retirement income and model portfolios, from an independent firm in Los Angeles.

The Daily · This week
Every morning’s read of the Journal.
All past editions
Two Markets in One Day
Thu NOV 5
Two Markets in One Day.
Capital Wealth Daily No. 193, from the Wall Street Journal of Wednesday, Nov. 4 and Thursday, Nov. 5, 2026. The day after the vote the market split in two: the Dow had its best day since Apr
NOV 5Open edition →
Most Stocks Won October. Chips Didn't.
Tue NOV 3
Most Stocks Won October. Chips Didn't.
No. 192, Election Day, from the Monday and Tuesday papers. In October the S&P 500 fell 0.9% while the same 500 stocks, counted equally, rose 4.9%, a record gap. Monday the S&P 500 slipped 0.
NOV 3Open edition →
The AI Trade Snowballed. Most Stocks Shrugged.
Sat OCT 31
The AI Trade Snowballed. Most Stocks Shrugged.
The Weekend Edition. Friday's final close: the S&P 500 fell 1.82% to 7,580.07, the Nasdaq 2.86%, and Intel 28.58%, its worst day ever. Yet nine of 11 sectors and small stocks rose for the we
OCT 31Open edition →
November 2026
How we plan
Seven steps, in order. The first meeting stops at two.
How this works

Purpose and objectives first. Fifteen minutes covers them.

01Purpose
02Objectives
04Assets
05Risk
06Income
07Strategy
A benefits guide open on a kitchen table, reading glasses and a cup of coffee beside it
A statement on a desk with reading glasses and a pen
401(k) planning

Your 401(k), read the way we read the Journal: fees, funds, and what to do next.

How this works
A business owner turning the sign to Open at dawn
Executives & business owners

Rollovers, concentrated stock, and the cash-balance deduction.

How this works
Three generations planting a garden together
Families & retirees

Retirement income that survives a long life.

How this works
A cypress on the California coast at sunset
Educators & public employees

Pensions, 403(b)s and Social Security timing.

How this works
Excludedalcohol · gambling · interest-based finance · debt over 33%Includedenergy · AI · power · gold · healthcareMethodevery holding screened, then built as a real portfolio
Faith-based investors

Sharia-screened conviction, run as real portfolios.

See the Faith-Based books
Portfolios
Twenty-seven model portfolios, with the numbers showing.
See the models
Growth tierYTD1 YrAnnualizedSharpeMax DD
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Hypothetical total return, before fees · Past performance does not guarantee future results.

The house view and the cycle mapTrack recordHow we buildTwo-minute risk quiz
Commentary · Notes from the desk
The longer reads, and the letters.
Everything we publish
The coast highway at dusk
Aug 10, 2026 · The letter

The Road to November: why the dividend book wears the jersey.

The road to November, the midterm record
Aug 18, 2026 · The positioning

The Midterm Shift, and the bigger decision is tilting back.

A lighthouse at the edge of the month
Jul 31, 2026 · Personal journal

What we’re carrying into August.

Cash sitting still
Aug 28, 2026 · Retirement income

Three trillion dollars sits in cash. Here is the honest math.

The AI supply chain, money going in a circle
Aug 28, 2026 · Markets

Nvidia promised its suppliers $279 billion.

A map of the risks a portfolio carries
Jul 15, 2026 · The standing file

The Risk Atlas.

Aug 2, 2026 · Investment commentary · every other Friday

The most beautiful research on Wall Street is usually wrong, and this year it says so itself.

LPL’s Midyear Outlook, read against the record: what the forecasts got right, what they walked back, and what any of it should change in a portfolio you actually own.

A note from the firm

The market rarely tells you what it is doing in a single day. It tells you in a paragraph on page B3 that nobody read.

When you call, you get the person who built the portfolio. Bring a statement.

— Capital Wealth
The daily
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