# David Biehl > David Biehl is a fee-only financial advisor at Capital Management Services in Santa Barbara, California. Capital Management Services reports charging a percentage of assets on its Form ADV. Page: https://find.wellspent.co/advisors/david-biehl/ Built from SEC adviser records; last checked October 30, 2026. ## Facts - **Firm:** Capital Management Services - **Based in:** Santa Barbara, California - **Fee model (firm's Form ADV):** Percentage of assets - **Assets under management (firm):** $12M across 5 accounts - **CRD:** 2107103 (https://adviserinfo.sec.gov/individual/summary/2107103) - **SEC registration:** Investment adviser representative in CA - **Firm size:** 1 employee - **Disclosures:** None reported ## Frequently asked questions ### Is David Biehl a fee-only financial advisor? Yes, according to SEC records as of October 29, 2026: David holds no broker registration, and Capital Management Services reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency on its Form ADV. ### How does David charge for financial advice? David's firm, Capital Management Services, reports charging a percentage of assets on its SEC Form ADV. ### Where is David Biehl based? David Biehl is based in Santa Barbara, California. ### Is David Biehl registered with the SEC? Yes. David Biehl is registered as an investment adviser representative in CA (CRD 2107103), per SEC Investment Adviser Public Disclosure data as of October 29, 2026. ### How much does Capital Management Services manage? Capital Management Services reports $12M across 5 accounts in assets under management. ### How do I contact David Biehl? Contact details aren't on file yet. Search for Capital Management Services. ## Sources - SEC adviser records (https://adviserinfo.sec.gov/individual/summary/2107103): the firm's Form ADV reports no commissions, no broker-dealer, and no insurance sales or affiliated insurance agency, and the advisor holds no broker registration - SEC Investment Adviser Public Disclosure and Form ADV: registration, exams, and firm facts, data as of October 29, 2026 --- Source: Wellspent, the public graph of fee-only advisors (https://find.wellspent.co). No paid placement.