Phoenix, AZ – August 4, 2020 – CAPTRUST Financial Advisors (CAPTRUST), one of the nation’s leading independent wealth management and institutional investment advisory firms, today announced the addition of Frank Pyles, a Phoenix, Arizona-based financial advisor. Frank joins the team as a vice president and will serve as an institutional financial advisor for the firm.
As CAPTRUST continues to expand its presence nationwide, Frank will be integral in bringing the firm’s industry-leading institutional advisory services to the Southwest region. In this role, Frank will be responsible for developing new institutional client relationships. He will report to Mike Hudson, senior director of institutional consulting at CAPTRUST.
Frank brings nearly two decades of experience in the financial advisory industry to CAPTRUST. Prior to joining the firm, he spent 15 years with The Vanguard Group, most recently serving as regional director of defined contribution retirement solutions. In that role, Frank managed a three-state sales territory for the firm–including California, Colorado, and New Mexico, and added hundreds of clients and more than $6 billion in new investment assets, during his tenure. Before joining Vanguard, Frank was a financial advisor at Harris Trust & Savings Bank and Edward Jones Investments in Phoenix.
“As I learned more about CAPTRUST, I could immediately tell that what they are doing is truly unique,” said Frank Pyles. “The opportunities across the firm’s institutional and wealth management businesses, and its rapid expansion in recent years, made it stand out as an exciting and innovative place to work. The addition of a strong culture of support, collaboration, and motivation made the opportunity to join CAPTRUST too good to pass up. I am excited to work with the CAPTRUST team to expand the firm’s presence in the Southwest and bring all of the wonderful opportunities they offer clients to this market.”
“Frank stood out not only as a perfect cultural fit, but as someone with experience that we know will drive continued success for our institutional business,” said Mike Hudson. “We are proponents of a collaborative environment, and with every new advisor—like Frank—who joins CAPTRUST, advisors across our entire network benefit.”
About CAPTRUST Financial Advisors
Founded in 1997 in Raleigh, North Carolina, CAPTRUST is an independent registered investment advisor with more than 700 employees nationwide and $390 billion in client assets under advisement (as of March 31, 2020). CAPTRUST has clients in all 50 states and provides investment advisory, asset management, and planning services to thousands of affluent private clients and institutional investors such as retirement plan fiduciaries, endowments, foundations, and religious entities.