Private Wealth Management
Who We Are

    Our Philosophy of Wealth

    Our Firm

Our Advisors

    R. Randall Rainey

    Benjamin G. O'Brien

Our Institutional Partners

    Dimensional Fund Advisors

    Investment Custody Partners

About the CEO

R. Randall Rainey
R. Randall Rainey, J.D., LL.M., AIF® is the Founder, President and CEO of Capital Management Advisors LP. He leads the firm's private wealth management practice and oversees its investment advisory practice.

Mr. Rainey's approach to wealth management is consultative, interdisciplinary and solution oriented. He uses a values-based consultative process that fully engages the wisdom, knowledge and experience of our clients who are focused on the family and creating family wealth. His knowledge of economics, capital markets, and fiduciary investing, in combination with a professional understanding of advanced trust and estate planning, brings professional depth, intellectual insight and seasoned judgement to the client experience. He is especially skilled in establishing a high level of trust and in finding practical solutions to the complex issues that often challenge highly successful business owners, executives and their families.

During his academic career, he became a well-published scholar in constitutional law and public policy. He served as trustee and board member for several institutions. He began his business career in 1999 in corporate management, founded Philanthropic Consultants LLC in 2002, and Capital Management Advisors LP in 2005.

Mr. Rainey is an Accredited Investment Fiduciary, is a member of the State Bar of Texas and is insurance-licensed in the State of Texas. Every year since 2013, he has received the Five Star Professional Award for Wealth Management in Houston.

Mr. Rainey earned a B.A. in Economics from the University of Texas at Austin (1973), a J.D. from Loyola University School of Law (New Orleans) (1982) and an LL.M. from Yale Law School (1988). He received a Master of Divinity (M.Div.) from the Weston School of Theology at Cambridge, MA. (1987) and holds a Master of Sacred Theology (S.T.M.) from the Jesuit School of Theology at Berkeley, CA. (1990).

He is married and has two beautiful stepdaughters, two sons-in-law and four grandchildren. He and his wife are members of Saint John Vianney Catholic Church where he serves on the finance council. In 2017 he was invested as a Knight of Magistral Grace in the Sovereign Military Hospitaller Order of Saint John of Jerusalem, of Rhodes and of Malta.



Understanding the true meaning of wealth is the doorway to a life well-lived and is foundational to our practice of wealth management.
From "The True Meaning of Wealth: Human Flourishing in the Christian Family", an unpublished manuscript by R. Randall Rainey.