The Company has been engaged in the financial services business since 1987. It was incorporated in North Dakota as ND Holdings, Inc., on September 22, 1987 by Robert E. Walstad. The Company's principal office is located at 1 Main Street North, Minot, North Dakota 58703.
The Company's Subsidiaries
On January 15, 2002 the Company acquired all the assets of Capital Financial Services, Inc. ("CFS"), a full-service brokerage firm. CFS is registered with the SEC as an investment adviser and broker-dealer and is registered with the FINRA as a broker-dealer. The broker-dealer and investment adviser specializes in providing investment products and services to independent investment representatives, financial planners, and investment advisers and currently supports over 211 investment representatives and investment advisers.
On June 9, 2014, the Company launched a new wholly owned operating subsidiary, Capital Natural Resources, Inc. ("CNR"), a Colorado corporation. Capital Natural Resources, Inc. seeks opportunities related to natural resources in the United States, including petroleum, natural gas, and/or other minerals, water resources and land. The new subsidiary is expected to diversify the business operations of the Company and is unrelated to any current or past business.
Capital Financial Services Mission Statement
To provide the true independent broker and the broker’s clients with all the tools necessary to become highly successful in today's marketplace. We strive to be the best at what we do through time sensitive service, product availability, strong technology and effective compliance.