# CAPITAL INNOVATIONS, LLC

CAPITAL INNOVATIONS, LLC of WAUKESHA, WI is an SEC-registered investment adviser.

## Registration

- CRD: 145329
- Type: SEC-registered investment adviser
- SEC file number: 801-72322
- Location: N19W24400 RIVERWOOD DR, WAUKESHA, WI, 53188
- Phone: 262-746-3100
- Latest filing: 2026-03-31
- Regulatory AUM: $806.7M
- Discretionary AUM: $405.6M
- Non-discretionary AUM: $401.0M
- Clients: 4
- Accounts: 9

## Business model

- Compensation: % of AUM, Fixed
- Clients served: High net worth, Pooled vehicles, Charities

## Officers, owners & control persons (7)

| Name | Role | Location |
| --- | --- | --- |
| Susan L Dambekaln | PRESIDENT, CCO | — |
| Michael David Underhill | CHIEF EXECUTIVE OFFICER | — |
| FISCHER GEORGE EDWARD | MANAGING DIRECTOR; MEMBER, MANAGING DIRECTOR | — |
| DAMBEKALN SUSAN LAURA | CHIEF OPERATING OFFICER & CHIEF FINANCIAL OFFICER; MANAGING PARTNER, CCO; MEMBER, CHIEF OPERATING OFFICER (+3 more) | — |
| UNDERHILL MICHAEL DAVID | CHIEF EXECUTIVE OFFICER; CHIEF EXECUTIVE OFFICER, CHIEF COMPLIANCE OFFICER; MANAGING MEMBER (+2 more) | — |
| DAMBEKALN SUSAN L | MANAGING PARTNER, CCO; PRESIDENT, CCO | — |
| Susan L. Dambekaln | PRESIDENT, CCO | — |


## Related pages

- Form ADV Part 2 brochure: https://search.stillhousedata.com/firm/145329/brochure
- Similar advisers: https://search.stillhousedata.com/firm/145329/similar
- Related entities: https://search.stillhousedata.com/firm/145329/related
- SEC IAPD (source of record): https://adviserinfo.sec.gov/firm/summary/145329

---

Source: public SEC Form ADV data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.