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Capstone Associated Services Turns 20

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February 06, 2018

Capstone Associated Services, Ltd., is celebrating its 20-year anniversary. Since 1998, the Houston-based company has evolved with the dynamic captive insurance industry as a key service provider for middle-market businesses in the United States.

Capstone CEO and General Counsel Stewart A. Feldman commented, "We are extremely proud of the fine work that Team Capstone has accomplished over the last 20 years, with operations led by its president, Charles Earls.... As Chuck Earls transitions Capstone's presidency in 2018 to Jeff Carlson, Capstone is poised for another round of growth."

"Capstone was the first to design a comprehensive turnkey solution in association with the Feldman Law Firm LLP that encompasses all the critical components of effective captive planning, including tax and legal representation," said Capstone President Charles B. Earls. "Our effective administration of this comprehensive package has been a key reason for the solid record of long-term client relationships—as illustrated by the fact that Capstone is still managing two of our first captive clients dating back to their formation 20 years ago."

Mr. Feldman continued, "Capstone was launched in 1998 with a dedicated four-person team in response to the demands of our clients for increased risk protection. The Company formed and operated captives for two manufacturers, a distributor, and a real estate developer. We began work in the small captive area with companies organized under Section 501(c)(15) of the Internal Revenue Code, then expanded to larger captives organized under Sections 831(a) and 831(b). Over the past 20 years, Capstone has been the lead in forming over 200 captive insurance companies across an array of industries."

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