# EDGAR Filing Document

**Accession Number:** 0001146119
**File Stem:** 0001146119-23-000003
**Filing Date:** 2023-3
**Character Count:** 14246
**Document Hash:** a964ca7c48bec5030d30e5684d9a04a2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001146119-23-000003.hdr.sgml**: 20230406

**ACCESSION NUMBER**: 0001146119-23-000003

**CONFORMED SUBMISSION TYPE**: MA-A

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230320

**DATE AS OF CHANGE**: 20230406

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST NATIONAL CAPITAL MARKETS, INC.
- **CENTRAL INDEX KEY:** 0001146119
- **IRS NUMBER:** 470844069
- **STATE OF INCORPORATION:** NE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** MA-A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 867-01289
- **FILM NUMBER:** 23805710

**BUSINESS ADDRESS:**
- **STREET 1:** 1620 DODGE STREET
- **STREET 2:** 7TH FLOOR, MAIL STOP 1070
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68197
- **BUSINESS PHONE:** 402-602-6921

**MAIL ADDRESS:**
- **STREET 1:** 1620 DODGE STREET
- **STREET 2:** 7TH FLOOR, MAIL STOP 1070
- **CITY:** OMAHA
- **STATE:** NE
- **ZIP:** 68197

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST NATIONAL CAPITAL MARKETS INC                      /BD
- **DATE OF NAME CHANGE:** 20020130

### UNITED STATES SECURITIES AND EXCHANGE COMMISSION
**Washington, D.C. 20549**

## FORM MA: UNIFORM APPLICATION FOR MUNICIPAL ADVISOR REGISTRATION

### Filer and Contact Information

**Filer CIK:** 0001146119

**Filer CCC:** XXXXXXXX

**Contact Name:** Charles Richter

**Contact Phone:** 402-602-6921

**Contact Email:** crichter@fnni.com

**Notification Emails:** crichter@fnni.com

### Type of Filing

**Selected Filing Type:** Annual Update

### Item 1: Identifying Information

**A. Full Legal Name of the Firm:** FIRST NATIONAL CAPITAL MARKETS, INC.

**&nbsp;&nbsp;&nbsp;Organization CRD No.:** 115920

**&nbsp;&nbsp;&nbsp;Is applicant a Sole Proprietor?:** No

**&nbsp;&nbsp;&nbsp;Has the municipal legal name changed since the last filing?:** No

**&nbsp;&nbsp;&nbsp;Has the applicant had any previous DBA names?:** No

**&nbsp;&nbsp;&nbsp;Does the applicant have any additional DBA names?:** No

**C. IRS Employer Identification Number:** 47-0844069

**D. Registrations:**

- **Municipal Advisor (Temporary):** SEC File No: 866-01449-00

- **Municipal Advisor:** SEC File No: 867-01289

- **Broker-Dealer:** SEC File No: 008-53514, CRD No: 115920

**E. Principal Office and Place of Business:** 1620 DODGE STREET, 7TH FLOOR, MAIL STOP 1070, OMAHA, NE, 68197

**Telephone Number:** 402-602-7494

**Additional Offices of Employment:**

- **Office #1 (Add):** 2223 Second Avenue, Kearney, NE, 68848 | Phone: 308-535-6277

**Mailing Address is Different from Principal Office:** No

**F. Website:** www.fncapitalmarkets.com

**G. Chief Compliance Officer (CCO):**

**Name:** Charles Henry Richter

**Address:** 1620 Dodge Street, MS 1070, Omaha, NE, 68197

**Phone Number:** 402-602-6921

**Email:** crichter@fnni.com

**H. Business Affiliates:**

- **Name:** Tributary Capital Management

  - **Issuing Agency:** SEC

  - **Jurisdiction:** 

- **Name:** First National Advisers

  - **Issuing Agency:** SEC

  - **Jurisdiction:** 

**I. Location of Books and Records:** Yes

### Item 2: Form of Organization

**A. Applicant's form of organization:** Corporation

**B. Month of Applicant's Annual Fiscal Year End:** December

**C. State, Other U.S. Jurisdiction, or Foreign Jurisdiction Under Which Applicant is Organized:** NE

**D. Date of Organization:** 07-01-2001

**E. Is the applicant a public reporting company?:** No

### Item 3: Successions

**Is the applicant succeeding to the business of a registered municipal advisor?** No

### Item 4: Information About Applicant's Business

**A. Number of Employees:** 21

**B. Municipal Advisory Activities - Employees:** 3

**C. Registered Representatives - MAA Employees also registered reps of a broker-dealer:** 3

**&nbsp;&nbsp;&nbsp;MAA Employees also associated with an investment adviser:** 0

**D. Public Relations Company?:** No

**E. Soliciting on Behalf of an Affiliate - Number of firms:** 0

**F. Types of Clients - Number of clients served as municipal advisor:** 19

**&nbsp;&nbsp;&nbsp;Types of Clients:** Municipal Entities

**G. Solicitation of Municipal Entities and Obligated Persons - Municipal Entities:** 0

**&nbsp;&nbsp;&nbsp;Obligated Persons:** 0

**&nbsp;&nbsp;&nbsp;Total Solicited:** 0

**H. Types of Persons Solicited:** 
Not Applicable
, Not Applicable

**I. Compensation Arrangements (Municipal Advisory):** 
Fixed Fees
Contingent Fees
, Fixed Fees, Contingent Fees

**J. Compensation Arrangements (Solicitation):** 
Not Applicable
, Not Applicable

**K. Does the applicant receive compensation in the context of its municipal advisory business from other than its municipal entity or obligated person clients?:** No

**L. Applicant Business Relating to Municipal Securities:** Advice Insurance Of MS, Advice Investment Of Proceeds MS, Advice ME Investments, Advice ME Other Investments, Advice On Selection

### Item 5: Other Business Activities

- **Broker-Dealer:** Actively Engaged: Yes, Primary Business: Yes

**Is applicant engaged in any other non-municipal advisor business?** No

### Item 6: Financial Industry and Other Activities of Associated Persons

**Types of associated persons:** Investment Adviser, Banking/Thrift institution, Trust Company, Insurance company or agency, Banking/Thrift institution, Trust Company, Trust Company, Insurance company or agency, Investment Adviser, Investment Adviser, Trust Company

**Total Associated Persons:** 7

### Item 7: Participation or Interest in Client Transactions

- **Buy or sell municipal securities from or to municipal advisory clients for the firm's own account?:** No

- **Buy or sell municipal securities from or to third-parties on behalf of clients?:** No

- **Enter into derivatives transactions with clients for the firm's own account?:** No

- **Recommend to clients to buy/sell securities in which the firm has a financial interest?:** No

- **Recommend to clients products/services of an affiliated person?:** No

- **Recommend to clients securities of an issuer with which the firm has other relationships?:** No

- **Have discretionary authority to buy/sell municipal securities for clients?:** No

- **Have discretionary authority to buy/sell any other securities or investments for clients?:** No

- **Have discretionary authority to determine the broker-dealer to be used for client transactions?:** No

- **Have discretionary authority to determine the commission paid to a broker-dealer?:** No

- **Recommend broker-dealers to clients?:** No

- **&nbsp;&nbsp;&nbsp;If yes, are any of these broker-dealers an associated person of the applicant?:** —

- **Compensate any person for client referrals?:** No

- **Receive compensation from any person for client referrals?:** No

### Item 8: Owners, Officers, and Other Control Persons

**A. (2) Does any person not named in Item 1-A or Schedules A, B, or C, directly or indirectly, control the applicant's management or policies?** No

**B. (1) Is any person in Schedule A, B, or C, or in Section 8-A of Schedule D a public reporting company?** No

### Item 9: Disclosure Information

**Criminal Disclosure:**

- **Applicant/Advisory Affiliate Convicted/Pled Guilty to Felony?:** No

- **Applicant/Advisory Affiliate Charged with Felony?:** No

- **Organization Convicted/Pled Guilty to Felony?:** No

- **Organization Charged with Felony?:** No

**Regulatory Disclosure:**

- **SEC/CFTC Found False Statement?:** No

- **SEC/CFTC Found Violation?:** Yes

- **SEC/CFTC Found Cause of Denial/Suspension?:** No

- **SEC/CFTC Entered Order?:** Yes

- **SEC/CFTC Imposed Civil Penalty?:** Yes

- **SRO Found Unethical Conduct?:** Yes

- **SRO Found Violation?:** Yes

- **SRO Found Cause of Denial/Suspension?:** No

- **SRO Barred/Suspended/Fined > $2,500?:** Yes

- **SRO Denied/Suspended/Revoked Registration?:** No

- **Foreign Authority Found False Statement?:** No

- **Foreign Authority Found Violation?:** No

- **Foreign Authority Found Cause of Suspension?:** No

- **Foreign Authority Disciplined?:** No

- **Authorization to Act as Attorney/Accountant Revoked?:** No

- **Subject of a Regulatory Complaint?:** No

**Civil Disclosure:**

- **Enjoined in Connection with Municipal Advisory Activity?:** No

- **Found to Have Violated Regulations?:** No

- **Civil Proceeding Dismissed Pursuant to Settlement?:** No

- **Named in Civil Proceeding Alleging Violation?:** No

### Item 10: Small Businesses

**Does the applicant have annual receipts of less than $7,000,000?** Yes

**Is the applicant affiliated with a person that has annual receipts of more than $7,000,000?** Yes

### Schedule A: Direct Owners and Executive Officers

| Name                                    | Title/Status             | Date Acquired   | Ownership Code    | Control Person?   | IRS Number   | CRD Number   |
|:---|:---|:---|:---|:---|:---|:---|
| First National Investment Banking, Inc. | Direct Owner             | 11-01-2007      | E - 75% or more   | Yes               | 20-8949053   |  |
| Stephen C Wade                          | Director                 | 03-01-2014      | NA - less than 5% | Yes               |  | 2416612      |
| Greg A Schilling                        | Director                 | 12-01-2008      | NA - less than 5% | Yes               |  | 4786049      |
| Craig Thomas Jones                      | Director                 | 06-15-2016      | NA - less than 5% | Yes               |  | 5473030      |
| Kim Marie Argo                          | Assistant Secretary      | 06-15-2016      | NA - less than 5% | Yes               |  | 6682965      |
| Jess D Zeiss                            | President                | 06-15-2016      | NA - less than 5% | Yes               |  | 3190186      |
| Tiffany Dawn Henn                       | Director                 | 01-01-2018      | NA - less than 5% | Yes               |  | 5515577      |
| Charles Henry Richter                   | Chief Compliance Officer | 08-06-2018      | NA - less than 5% | Yes               |  | 1839310      |
| Nicole Marie Fisch                      | Financial Officer        | 03-01-2022      | NA - less than 5% | Yes               |  | 7354380      |

### Schedule B: Indirect Owners

| Owning Entity                           | Name                             | Title/Status   | Date Acquired   | Ownership Code            | Control Person?   | IRS Number   |
|:---|:---|:---|:---|:---|:---|:---|
| First National of Nebraksa, Inc.        | Lauritzen Corporation            | Owner          | 06-19-1997      | C - 25% but less than 50% | No                | 47-0444651   |
| First National Investment Banking, Inc. | First National of Nebraska, Inc. | Owner          | 04-01-2007      | E - 75% or more           | Yes               | 47-0523079   |

### Schedule C: Amendments to Schedules A and B

| Type   | Ownership   | Owning Entity                           | Name                                    | Title/Status             | Date Acquired   | Ownership Code            | Control Person?   | IRS Number   | CRD Number   |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Direct      |  | First National Investment Banking, Inc. | Direct Owner             | 11-01-2007      | E - 75% or more           | Yes               | 20-8949053   |  |
|  | Indirect    | First National of Nebraksa, Inc.        | Lauritzen Corporation                   | Owner                    | 06-19-1997      | C - 25% but less than 50% | No                | 47-0444651   |  |
|  | Indirect    | First National Investment Banking, Inc. | First National of Nebraska, Inc.        | Owner                    | 04-01-2007      | E - 75% or more           | Yes               | 47-0523079   |  |
|  | Direct      |  | Stephen C Wade                          | Director                 | 03-01-2014      | NA - less than 5%         | Yes               |  | 2416612      |
|  | Direct      |  | Greg A Schilling                        | Director                 | 12-01-2008      | NA - less than 5%         | Yes               |  | 4786049      |
|  | Direct      |  | Craig Thomas Jones                      | Director                 | 06-15-2016      | NA - less than 5%         | Yes               |  | 5473030      |
|  | Direct      |  | Kim Marie Argo                          | Assistant Secretary      | 06-15-2016      | NA - less than 5%         | Yes               |  | 6682965      |
|  | Direct      |  | Jess D Zeiss                            | President                | 06-15-2016      | NA - less than 5%         | Yes               |  | 3190186      |
|  | Direct      |  | Tiffany Dawn Henn                       | Director                 | 01-01-2018      | NA - less than 5%         | Yes               |  | 5515577      |
|  | Direct      |  | Charles Henry Richter                   | Chief Compliance Officer | 08-06-2018      | NA - less than 5%         | Yes               |  | 1839310      |
| Delete | Direct      |  | Nicole Marie Fisch                      | Financial Officer        | 03-01-2022      | NA - less than 5%         | Yes               |  | 7354380      |
| NewAdd | Direct      |  | Christopher D Vandevoort                | Finincial Officer        | 06-24-2022      | NA - less than 5%         | Yes               |  | 7506707      |

### Disclosure Reporting Pages (DRPs)

**Regulatory DRP for: Applicant (Responding to Questions: 9-C2, 9-C4, 9-C5)**

- **Filed On (Applicant):** Form ADV/BD/U4 for First National Capital Markets, Inc.

- **CRD Number:** 115920

- **Disclosure Number:** 1786814

**Regulatory DRP for: Applicant (Responding to Questions: 9-C2, 9-C4, 9-C5)**

- **Filed On (Applicant):** Form ADV/BD/U4 for First National Capital Markets, Inc.

- **CRD Number:** 115920

- **Disclosure Number:** 2020193

**Regulatory DRP for: Applicant (Responding to Questions: 9-D1, 9-D2, 9-D4)**

  - **Associated Person:** —

  - **CRD Number:** 153128

  - **Filed On (AP):** Form ADV/BD/U4 for First National Fund Advisors

  - **Disclosure Number:** 1971295

### Execution Page

**Signature:** Charles Richter

**Signer Name:** Charles Richter

**Title:** Chief Compliance Officer

**Date:** 03-20-2023

**CRD Number:** 1839310