Raleigh, N.C.-based Fidelity Capital Management announced that it is affiiating with Capitol Financial Solutions, a super-office of supervisory jurisdiction affiliated with Royal Alliance Associates, a member of the Advisor Group network.

Headed by Bill Teague and his son, Will, Fidelity Capital Management oversees $80 million in client assets. The elder Teague joined Fidelity in 1976, when it was affiliated with Capital Analysts, Inc. That parent firm was eventually accquired by Lincoln Investment, which  Fidelity now leaves for Capitol Financial Solutions

The move should help the small hybrid practice grow, said Robert Turner, president and CEO of Capitol Financial Solutions, which is itself based in Raleigh, N.C. – as is its OSJ, Royal Alliance Associates.

“(Fidelity has) already experienced robust growth, (but) we can help them streamline their operation,” Turner said in email response for comment. “By participating in many of the programs offered by Capitol Financial Solutions, like training and peer study group type-meetings, Will Teague…can blend the experience that his father, Bill, brings to the firm, with some of the best practice of his younger peers in the industry.”