Sixteen CAPTRUST advisors were named to the National Association of Plan Advisors (NAPA) 2024 Top Women of Excellence list. The list acknowledges the contributions that women are making to the retirement industry and how they bring excellence to the profession. It includes three award categories: Captains, MVPs, and Rising Stars.
A record number of almost 800 nominees were considered for the list. These nominees responded to both qualitative and quantitative questions about their practice, as well as their accomplishments, their contributions to the industry, the state of workplace retirement plans, and how they give back. The winners were then selected by a panel of judges.
Captains: Focused on the growth of the organization and business. These are principals, leaders, owners, and producing advisors. Eleven CAPTRUST advisors were included on this list:
MVPs: Non-producing, licensed relationship managers primarily focused on managing relationships and the retention of clients. One CAPTRUST advisor was named to the list:
Rising Stars: Top producers who have fewer than five years in the business and are either emerging team leaders or new producers. Four CAPTRUST advisors were highlighted this year:
The full list can be found here.
CAPTRUST ranked sixth in the mega size category on Barron’s Top RIAs (Registered Investment Advisors) list for 2024. This list evaluates the nation’s leading independent advisory firms based on both qualitative and quantitative components. Considerations include assets managed, technology spending, and staff diversity, along with other metrics.
While it’s the eighth annual list of its kind, this is the first time Barron’s has ranked the largest, or mega, RIA firms separately from other large firms. For this category, Barron’s selected firms that manage 2 percent or more of the total assets of all ranking applicants. This year, the 2-percent metric creates a threshold of $70 billion in assets. CAPTRUST currently manages more than $1 trillion in total client assets.
Click here to access the full ranking.
Raleigh, N.C. – August 21, 2024 – The CAPTRUST Community Foundation (CCF) today announced $10,000 donations to 75 charities across the country, totaling $750,000, as part of the nonprofit’s fifth annual Giving Day.
The CCF is CAPTRUST’s 501(c)(3) foundation, with the mission of enriching the lives of children in the local communities that CAPTRUST serves. For this campaign, CAPTRUST offices identified local organizations representing causes that both benefit children and are important to the respective community.
“We began our annual Giving Day campaign in 2020, when there were so many nonprofits that needed help to just keep the lights on,” said Veronica Karas, co-president of the CCF, and CAPTRUST financial advisor. “Now, Giving Day has become a huge cultural milestone for CAPTRUST each year, and our offices take great pride in getting to support an organization in their backyard.”
“Our mission to enrich the lives of children in the communities we serve can be achieved in so many different ways, and the Giving Day campaign is a great example of that,” said Bryan Lewis, CCF co-president, and account manager of CAPTRUST at Work. “From the Special Olympics and Boys & Girls Clubs, to organizations that provide basic essentials and education, we know that each of these organizations will be able to make a direct impact.”
Founded in 2007, the foundation has awarded over $6.25 million in grants to charitable organizations across the country that help children. The CCF’s main source of fundraising is through voluntary employee payroll deductions that are matched by CAPTRUST.
The following organizations have received support from the CAPTRUST Community Foundation:
The CAPTRUST Community Foundation was organized in 2007 to provide CAPTRUST employees with opportunities to participate as a group in community outreach efforts. The foundation is a registered 501(c)(3) charity and is eligible to receive tax-deductible contributions. If you would like to donate or learn more about the CAPTRUST Community Foundation, please call 855.649.0943.
About CAPTRUST
CAPTRUST was founded in 1997 as an independent registered investment advisor. The firm provides investment management, financial planning, estate planning, and tax advisory and compliance services for individuals and families. The firm also offers a comprehensive suite of services for ultra-high-net-worth individuals to simplify their financial lives, mitigate risk, and perpetuate their legacies. For retirement plan sponsors, endowments, foundations, and religious entities, CAPTRUST offers investment advisory services, fiduciary support, plan design, provider analysis and fee benchmarking, and employee advice programs.
CAPTRUST is third on the Triangle Business Journal’s Best Places to Work list for 2024, in the category of companies with at least 250 employees.
In total, 50 Triangle-based companies were scored, based on voluntary employee survey responses regarding company benefits, workplace accommodations, and employee morale.
The ranking highlights the firm’s strong commitment to its culture, equity ownership program, and focus on giving back through the CAPTRUST Community Foundation.
To see the full listing of Best Places to Work in 2024, click here.
Financial Advisor magazine’s 2024 RIA Discretionary & Non-Discretionary Ranking put CAPTRUST in the number one spot among registered investment advisors (RIA) with $1 billion of assets and over in the U.S.
The publication’s annual ranking includes more than 400 firms and is based on total assets as of December 31, 2023.
This is the ninth consecutive year that CAPTRUST has held the top spot.
To view the full list, click here.
Seven CAPTRUST advisors are ranked on AdvisorHub’s 2024 RIAs to Watch list. This is the third year of the publication’s awards.
The 200 advisors recognized have assembled efficient and productive teams that have achieved scale without compromising their level of service while maintaining healthy growth.
The list is determined by three categories: the advisor’s scope of practice determined by assets, growth of practice, and professionalism. This encompasses areas like regulatory record, commitment to the community, and team diversity.
The following CAPTRUST advisors are on the 200 RIAs to Watch list:
Congratulations to all of the winners!
Twenty-two CAPTRUST advisor teams made Barron’s 2024 Top 100 Institutional Consulting Teams list. Since 2004, the financial news organization has ranked the best institutional advisors in the U.S., based on revenue, assets, and quality of practice.
These CAPTRUST teams and their key advisors are:
#2 – Team Chicago, led by Tim Egan, Dan George, and Dan Simon
#3 – Team New York | Boston, led by Michael Volo and Michael Sanders
#6 – Team Warren, led by Michael Sasso, Attila Toth, and Richard Torbinski
#7 – Team Allentown, led by Jim Edwards, Wes Schantz, and Jeff Loehwing
#12– Team Dallas, led by John Pickett and Travis Whitten
#21 – Team Stanicek, led by Jason Stanicek
#22 – Team Schott, led by Stephen Schott
#25 – Team Doylestown, led by Chris Kulick, Paul Schaffer, Scott Wertheim, and Sean Teesdale
#31 – Team Strickland, led by Jon Strickland
#33 – Team Atlanta, led by Philly Jones, Evan Melcher, Zack Sadler, and Drew McCorkle
#34 – Team Esch, led by Dan Esch
#35 – Team Eskamani, led by Shaun Eskamani
#38 – Team Schmitt, led by Barry Schmitt
#41 – Team Bailey, led by Eric Bailey
#43 – Team Strodel, led by Jim Strodel
#49 – Team Southfield & Grand Rapids, led by Dori Drayton and Susan Shoemaker
#56 – Team Birmingham, led by Paul Owen, Phil Anderson, and Beau Williams
#57 – Team Wilt: Steve Wilt, Paul Stibich, and Grey Kennedy
#61 – Team DiGiacomo, led by Dan DiGiacomo
#68 – Team Des Moines, led by Jean Duffy and Andrew Shimp
#95 – Team Pratico, led by Mike Pratico
#99 – Team Duex, led by Devyn Duex
The full Barron’s list is here.
The National Association of Plan Advisors (NAPA) recognized a record-breaking 33 CAPTRUST teams on the 2024 Top Defined Contribution (DC) Advisor Teams list. Based on asset values, the recognition highlights these advisor teams for their positive impact on private retirement systems across the U.S.
Unlike other lists, this list focuses on advisor teams rather than individuals. NAPA defines teams as being in one location and having a minimum of $100 million in DC assets under advisement as of December 31, 2023.
Additionally, CAPTRUST was named the largest firm on NAPA’s Top DC Advisor Multi-Office Firms. The list is based on self-reported DC assets under advisement (AUA) as of December. 31, 2023. The full list is here.
Congratulations to each CAPTRUST office listed in the NAPA Top DC Advisor Teams for 2024:
The full list is here.
Every year, PLANADVISER honors the industry’s leading retirement plan advisers, utilizing quantitative criteria such as Assets Under Advisement (AUA) and the total number of plans they oversee. Certain advisors also receive recognition in the Under 40 or Women Advisers categories, as well as highlighting specific plan types they service.
Congratulations to the following CAPTRUST advisors for making the list!
To see the full list of winners, click here.
RALEIGH, NC – January 19, 2024 – The CAPTRUST Community Foundation (CCF), a CAPTRUST employee-run 501(c)(3) organization, announced today its annual donations for 2023: a record $1,166,450, surpassing last year’s donations. The CCF also unveiled its new board members and oversight committee.
The CCF provides grants to nonprofits across the country that benefit children. Since it was founded in 2007, the CCF has donated more than $5 million. Through employee grants and other donations, hundreds of organizations received support across 32 states. In 2023, CAPTRUST employees submitted 159 grants to support organizations they are involved in, totaling $317,000 in donations.
The CCF also announced its 2024 board, led for a second year by Co-Presidents Veronica Karas, principal and financial advisor, and Bryan Lewis, account manager of advice & wellness. The two will work alongside the following CAPTRUST colleagues:
The board added a new board position this year, regional chair, designed to foster participation across CAPTRUST’s 89 regional offices. The board also announced its new oversight committee: Philip D’Unger, Alex Thompson, Giovanni Tiso, Michelle Miller, Kara Chase, Nathan Erickson, Juanita Evans, Mike Volo, and Jackie Gonzalez.
“Bryan and I are thrilled to welcome new board members for 2024,” said Karas. “With the addition of a regional chair to our team, we will no doubt increase engagement from the entire firm in support of the foundation.”
“We continue to see the great need to invest in children within each community we serve,” said Lewis. “As a firm, we look forward to seeing even more involvement in CCF through payroll deductions, employee grants, and volunteer opportunities.”
The CCF is run by CAPTRUST employees, with fundraising sourced largely from employee payroll deductions matched by CAPTRUST. To learn more about the CCF or to apply for a Partnership Grant (application closes March 15, 2024), visit www.captrustcommunityfoundation.org.
About the CAPTRUST Community Foundation
The CAPTRUST Community Foundation was organized in 2007 to provide CAPTRUST employees with opportunities to participate as a group in community outreach efforts. The foundation is a registered 501(c)(3) charity and is eligible to receive tax-deductible contributions.
About CAPTRUST
CAPTRUST was founded in 1997 and registered CapFinancial Partners LLC as an independent registered investment advisor in 2003 in Raleigh, North Carolina. The firm provides investment management, financial planning, estate planning, and tax advisory and compliance services for individuals and families. The firm also offers a comprehensive suite of services for ultra-high-net-worth individuals to simplify their financial lives, mitigate risk, and perpetuate their legacies. For retirement plan sponsors, endowments, foundations, and religious entities, CAPTRUST offers investment advisory services, fiduciary support, plan design, provider analysis and fee benchmarking, and employee advice programs. With more than 1,500 employees across 90 locations nationwide, CAPTRUST oversees more than $817 billion in assets, including just over $668 billion in nondiscretionary assets under advisement and just over $149 billion in discretionary managed account assets (as of September 30, 2023).