CAPITAL INNOVATIONS, LLC

Advisory Business

Type of Organization	Limited Liability Company
Fiscal Year End	DECEMBER
Legal Location	Delaware, United States

Employees

Total Number of Employees	5
Investment Advisory/Research	4
Registered Broker-Dealer Representatives	1
Registered State Investment Advisers	0
Licensed Agents of an Insurance Company	0
No. of Firms/People that Solicit Clients	1

RAUM

Provides Management of Securities Portfolios	Yes

Type	Accounts	RAUM
Discretionary	64	$74.1M
Non-Discretionary	1	$35.0M
Total	65	$109.1M

Clients

Type	Number	RAUM
Individuals	0	$0
HNW Individuals	0	$0
Banking or thrift institutions	0	$0
Investment companies	1	$55.8M
Business development companies	0	$0
Pooled investment vehicles	0	$0
Pension and profit sharing plans	0	$0
Charitable organizations	0	$0
State or municipal gov entities	0	$0
Other investment advisers	64	$53.3M
Insurance companies	0	$0
Sovereign wealth funds and foreign official institutions	0	$0
Corporations or other businesses	0	$0
Other	0	$0

Type	Number
No. of Non-RAUM Clients	0
No. of Non-U.S. Clients	0
No. of Financial Planning Clients	0

Services

Advisory Services	Portfolio management for investment companiesPortfolio management for pooled investment vehiclesPortfolio management for businesses or institutional clientsSelection of other advisers (including private fund managers)
Compensation	% of AUMFixed fees

Wrap Fee Program

Offers Wrap Fee Program	Yes

Acting As	RAUM
Sponsor	0
Portfolio Manager	12.4M
Both for Same	0

Portfolio Manager to Program	Sponsor
SEPARATELY MANAGED ACCOUNTS	TDAMERITRADE INSTITUTIONAL
SEPARATELY MANAGED ACCOUNTS	SCHWAB INSTITUTIONAL
ENVESTNET UMA/SMA PROGRAM	ENVESTNET
SMARTX	SMARTX
AMPLIFY	AMPLIFY

Identifiers

SEC RIA File Number	801-72322
SEC ERA File Number	801-72322
SEC CIK Numbers	1596076
SEC CRD Numbers	145329
Legal Entity Identifier	None

Principal Office

N19W24400 RIVERWOOD DR
SUITE 350
WAUKESHA
WI
United States

Websites

Chief Compliance Officer

No. Employees, Historic

RAUM, Historic

No. Clients, Historic