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.
Raleigh, N.C. – July 30, 2024 – CAPTRUST Financial Advisors (CAPTRUST) today announced a major milestone, eclipsing $1 trillion of total client assets as of June 30, 2024. Founded in Raleigh, North Carolina, CAPTRUST has grown to a national firm with clients in all 50 states.
“This milestone is a surreal achievement. When we launched in 1997, we had 12 colleagues working out of a single location in Raleigh. Since then, we have grown to 1,600 colleagues with over 90 locations across the U.S. While we had lofty ambitions, we could have never imagined our current standing,” said Fielding Miller, co-founder, CEO, and chairman of the board.
“As we look forward, our opportunities are accelerating,” Miller said. “The RIA industry is in a great period of consolidation, and we are well positioned to continue our trajectory in the years to come, due to the tremendous work of our colleagues and the support of our vendor partners and our investment partners, GTCR and Carlyle.”
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.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.
Raleigh, N.C. – June 26, 2024 – The CAPTRUST Community Foundation (CCF), an employee-run 501(c)(3), today announced Neighbor to Neighbor as its 2024 Charity of Choice and the recipient of a $100,000 grant. Additionally, five nonprofits were selected to receive CCF national grants of $25,000 each.
Neighbor to Neighbor builds pathways to social and economic mobility for families stuck in poverty, through education and employment intervention and services. Based in Wake County, North Carolina, the organization provides after school enrichment and mentorship programs to more than 300 youth in grades 1–12, as well as 250 families.
“We are thrilled to be selected as the CAPTRUST Community Foundation’s 2024 Charity of Choice,” said Spencer Hathcock, program manager at Neighbor to Neighbor. “This donation will allow us to expand our teen programming by more than 30 percent, including the addition of college and career readiness courses, high school transition programs, and new mentorship opportunities.”
“We chose Neighbor to Neighbor because we could see the impact of their work in Wake County. We are proud to be funding their expansion to focus more on the needs of teens,” said Bryan Lewis, CCF co-president and account manager of CAPTRUST at Work.
In addition to Neighbor to Neighbor, the CCF selected these five nonprofits to receive national grants of $25,000:
Founded in 2007, the CCF’s mission is to enrich the lives of children in communities we serve. Since its inception, the foundation has awarded over $5.5 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.
“As a foundation, we are grateful that we can fund multiple worthy organizations across the country with donations and volunteers,” said Veronica Karas, co-president of the CCF and CAPTRUST financial advisor. “As CAPTRUST continues to grow, we hope to enrich even more children’s lives in our communities.”
In addition, CAPTRUST celebrated volunteer month in May, encouraging colleagues to leverage their paid volunteer hours throughout the community. In total, 896 volunteer hours were used, bringing the annual total up to 2,046.
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.
Raleigh, NC—January 18, 2024—CAPTRUST Financial Advisors (CAPTRUST) today announced the addition of Engrave Wealth Partners (Engrave). The wealth management firm is based in The Woodlands, Texas, and oversees more than $770 million in individual client assets.
Ten Engrave colleagues will join CAPTRUST, including Co-founders Greg Parker and Taylor Parker. The firm serves as a fiduciary to hundreds of clients focused within Texas, Louisiana, and California, with an emphasis on retirement planning for individuals, including tax planning and estate planning.
“We recognized the challenges of continuing to serve our existing clients at the highest level while continuing to grow,” said Greg Parker. “Ultimately, we were looking for a partner who could help us deepen our offering to existing clients while accelerating our organic growth strategy.”
The majority of Engrave’s client base are corporate professionals or small business owners nearing or in retirement, many with a background in the oil and gas industry. The team places a strong focus on tax planning and proactively preparing these high-net-worth individuals for retirement. This transaction marks the second CAPTRUST office in Houston—Monroe Vos Consulting joined the firm in 2023.
“The resources we are most excited to access at CAPTRUST are the investment and tax services,” said Taylor Parker. “They will significantly deepen the expertise we can offer and will elevate the experience we provide to our clients.”
CAPTRUST has continued to grow in Texas over the past year, with the addition of two more firms in 2023: Omega Wealth Partners and Southern Wealth Management. The firm now has more than 170 employees in the state.
“The team at Engrave expands our offering in the Houston area with wealth management services,” said Rush Benton, CAPTRUST’s managing director. “We are excited to welcome yet another stellar team in Texas, now our second-largest employee presence in the country.”
Engrave joined CAPTRUST in late 2023, and, consistent with other transactions, Engrave will take on the CAPTRUST brand.
Waller Helms Advisors served as Engrave’s financial advisor in the transaction.
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).
Raleigh, NC—December 8, 2023—CAPTRUST Financial Advisors (CAPTRUST) today announced the addition of Trutina Financial (Trutina). Trutina is based in Bellevue, Washington, and oversees more than $1.1 billion in assets across institutional and individual clients.
Like CAPTRUST, Trutina serves clients across three lines of business: wealth management, retirement plan services, and OCIO for endowments and foundations. Trutina translates to balance in Latin, and the firm works to provide balance to clients with its holistic service model—from investment strategy to financial planning, plus giving back to the local community.
Managing Partner and Chief Compliance Officer Geoffrey Schock and Senior Partner and Chief Strategy Officer Matt Myers lead the firm and have joined CAPTRUST, along with 13 additional colleagues.
“The more we learned, the more we realized the folks at CAPTRUST are in this business for the right reasons,” said Myers. “They will help us grow up as a firm and be able to keep serving our clients with more sophisticated services. Plus, we’re able to put equity into the hands of our people.”
“CAPTRUST’s commitment to community through its foundation was a confirmation of the feelings we already had,” said Schock. “Out of the firms we talked with, CAPTRUST was the one that most aligned with us on leaving our communities better than we found them.”
“The Pacific Northwest is a region we have wanted to expand in for a long time,” said Rush Benton, CAPTRUST’s senior director of strategic growth. “Adding the folks at Trutina is the perfect way to initiate our presence in this market.”
Consistent with other transactions, Trutina will take on the CAPTRUST brand. Park Sutton Advisors, a Waller Helms Company, served as Trutina’s financial advisor in the transaction.
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 nearly 1,500 employees across 85 locations nationwide, CAPTRUST oversees more than $832 billion in assets, including just over $688 billion in nondiscretionary assets under advisement and just over $143 billion in discretionary managed account assets (as of June 30, 2023).
Raleigh, NC—November 3, 2023—CAPTRUST Financial Advisors (CAPTRUST) announced today the addition of The Normann Financial Group (Normann Financial). Normann Financial is based in Sanford, North Carolina, and oversees more than $1.3 billion in assets.
Normann Financial works with a wide variety of clients, from business owners and retirees to nonprofits and corporate retirement plans. The team believes in the benefits of comprehensive financial planning, including retirement and estate planning, lending solutions, and education planning. The firm was founded in 2015 by Kel Normann, who still leads the firm today. Nine additional colleagues will join CAPTRUST.
“As a longtime admirer of CAPTRUST, we know joining forces is the right move for the growth of our firm,” said Normann. “Our team looks forward to expanding in North Carolina and adding to the services available to our clients, from marketing to technology advances.”
“CAPTRUST has had a longstanding relationship with the folks at Normann Financial Group, and our values align—from the way we serve our clients to community involvement,” said Rush Benton, CAPTRUST’s senior director of strategic growth.
This deal expands CAPTRUST’s footprint across North Carolina, with nearby Raleigh headquarters and existing offices in Charlotte, Greensboro, and Wilmington. North Carolina has the largest CAPTRUST presence in the country, with more than 520 employees.
The addition of Normann Financial is CAPTRUST’s eighth deal announced in 2023 and the 71st since 2006. Consistent with other transactions, Normann Financial will take on the CAPTRUST brand.
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 nearly 1,500 employees across 85 locations nationwide, CAPTRUST oversees more than $832 billion in assets, including just over $688 billion in nondiscretionary assets under advisement and just over $143 billion in discretionary managed account assets (as of June 30, 2023).
Raleigh, NC—October 30, 2023—CAPTRUST Financial Advisors (CAPTRUST) announced today the addition of Column Capital Advisors. Column Capital is based in Indianapolis, Indiana, and manages more than $1.4 billion in assets.
The wealth management firm was founded in 2005 and is led by President and Managing Director Brian Upchurch and Executive Directors Kevin Sweet and Jeffrey Yu. Twenty-two colleagues will join CAPTRUST. Column Capital’s three core offerings for high-net-worth individuals comprise a comprehensive advisory approach of investment management, financial planning, and tax services.
“Philosophically, CAPTRUST was a clear fit. We are moving into the next phase of our business, and this move was important to our longer-term succession plan,” said Upchurch. “Employee ownership is really important to us, and CAPTRUST provides expansive career opportunities for our team. Not to mention the array of resources at CAPTRUST that will allow advisors to focus more time on our clients.”
“CAPTRUST continues to expand in the major metro markets, and we are excited to add another office in Indiana, this time in Indianapolis,” said Rush Benton, CAPTRUST’s senior director of strategic growth. “The team at Column Capital will help us build out our existing services like tax and investment management for clients across the firm.”
Column Capital is CAPTRUST’s first location in Indianapolis. This addition is the second CAPTRUST location in Indiana, joining an existing office in Chesterton, bringing the firm’s employee total across Indiana to almost 50.
“Since 2006, we have been strategically adding firms in markets across the U.S., working toward our goal of a wealth management, retirement planning, and endowment and foundation presence in each city,” said CAPTRUST CEO Fielding Miller. “This growth continues to enhance the offerings and quality of service we can deliver to our clients.”
The addition of Column Capital is CAPTRUST’s seventh deal of 2023 and the 70th since 2006. Consistent with other transactions, Column Capital will take on the CAPTRUST brand. Advice Dynamics Partners LLC served as Column Capital’s financial advisor in the transaction.
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 nearly 1,500 employees across 85 locations nationwide, CAPTRUST oversees more than $832 billion in assets, including just over $688 billion in nondiscretionary assets under advisement and just over $143 billion in discretionary managed account assets (as of June 30, 2023).
Raleigh, NC—September 19, 2023—CAPTRUST Financial Advisors (CAPTRUST) announced today a minority growth investment from funds managed by global investment firm Carlyle (NASDAQ: CG). Carlyle will provide growth capital to the firm which will be used to pursue strategic inorganic growth opportunities. Neither GTCR nor any of CAPTRUST’s executive leadership teams will be selling secondary shares as part of the transaction.
CAPTRUST added its first institutional capital partner, leading private equity firm GTCR, in 2020 to support its strategic plans to further expand the business nationally, at a valuation of $1.25 billion. Since that time, CAPTRUST has grown through the addition of 29 firms that broadened the company’s capabilities and geographic footprint and fueled the firm’s organic growth.
CAPTRUST’s valuation has increased to more than $3.7 billion, with its equity value increasing by more than $2 billion to more than $3 billion. Carlyle’s new growth equity will be used to further drive this M&A strategy. Carlyle and GTCR will be minority investors in CAPTRUST, both individually and collectively.
“CAPTRUST was founded on the belief that everyone is best served by working with financial advisors that serve as fiduciaries, providing advice in the client’s best interest.” said Fielding Miller, Co-founder and CEO, CAPTRUST. “We remain focused on our clients first and have built out the infrastructure and advisor force to deliver world class solutions.”
“CAPTRUST has established a well-defined position within the RIA industry thanks to the firm’s scale across wealth management, retirement plans, and endowments and foundations,” said Collin Roche, GTCR Co-CEO and Managing Director. “We believe in the future of this business and are pleased to maintain our full commitment as an investor and a strategic partner. We look forward to continuing to work with the management team to further build on CAPTRUST’s growth.”
“CAPTRUST is one of the premier brands within the RIA industry, with a deep bench of expertise and resources that support a premium and ever-expanding service model,” said Jim Burr, Head of Global Financial Services at Carlyle. “The firm has the unique position of leveraging its size and scale to benefit not only clients, but also to benefit the communities it serves. This differentiated position, coupled with CAPTRUST’s vibrant culture and strong leadership, makes us incredibly excited to collaborate with our new partners.”
Mike Hollander, Managing Director at GTCR added: “CAPTRUST continues to expand its capabilities through a robust inorganic growth strategy combined with strong centralized capabilities, which has allowed the business to generate exceptional growth. We are excited to support Fielding and the team as they accelerate CAPTRUST’s path forward.”
Fielding Miller will continue to lead the firm and remains the largest individual shareholder. CAPTRUST also has one of the broadest employee ownership programs in the industry. Currently, more than half of CAPTRUST employees participate in one or more of the firm’s equity programs.
“The culture at CAPTRUST is driven by unity, or as we say, One Unified Practice. Our shareholder program is one of the ways that we show our people just how important they are to the success of our organization,” continued Miller.
Ardea Partners LP served as exclusive advisor to CAPTRUST. Alston & Bird LLP served as CAPTRUST’s legal counsel. J.P. Morgan served as lead advisor to Carlyle. Simpson Thacher & Bartlett LLP served as Carlyle’s legal counsel. Kirkland & Ellis LLP served as legal advisor to GTCR.
Additional terms of the deal were not disclosed.
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 nearly 1,500 employees across 85 locations nationwide, CAPTRUST oversees more than $832 billion in assets, including just over $688 billion in nondiscretionary assets under advisement and just over $143 billion in discretionary managed account assets (as of June 30, 2023).
Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across its business and conducts its operations through three business segments: Global Private Equity, Global Credit and Global Investment Solutions. With $385 billion of assets under management as of June 30, 2023, Carlyle’s purpose is to invest wisely and create value on behalf of its investors, portfolio companies and the communities in which we live and invest. Carlyle employs more than 2,200 people in 29 offices across five continents. Further information is available at www.carlyle.com. Follow Carlyle on Twitter @OneCarlyle.
Founded in 1980, GTCR is a leading private equity firm that pioneered The Leaders Strategy™ – finding and partnering with management leaders in core domains to identify, acquire and build market-leading companies through organic growth and strategic acquisitions. GTCR is focused on investing in transformative growth in companies in the Business & Consumer Services, Financial Services & Technology, Healthcare and Technology, Media & Telecommunications sectors. Since its inception, GTCR has invested more than $25 billion in over 270 companies, and the firm currently manages more than $35 billion in equity capital. GTCR is based in Chicago with offices in New York and West Palm Beach. For more information, please visit www.gtcr.com. Follow us on LinkedIn.
RALEIGH, NC, August 24, 2023 – The CAPTRUST Community Foundation (CCF) today announced its donations to 76 charities across the country, totaling $600,000 for the nonprofit’s fourth annual Giving Day. The CCF is CAPTRUST’s 501(c)(3) foundation. The foundation’s mission is to enrich the lives of children in the local communities that CAPTRUST serves. Organizations were chosen by local CAPTRUST offices around the country, representing causes that both benefit children and are important to the respective office.
“We are honored to support a record number of organizations this year,” said Veronica Karas, the CCF’s co-president and a financial advisor at CAPTRUST. “On the CAPTRUST Community Foundation’s fourth annual Giving Day, we are awarding funds to 76 worthy organizations that align with our foundation’s mission—to benefit the lives of children.”
The CCF has donated more than $800,000 to nonprofits so far in 2023. Most of the foundation’s fundraising is generated through employee payroll deductions, which are matched by CAPTRUST.
“The CAPTRUST Community Foundation is grateful that we can provide funds to more organizations each year with its Giving Day,” said Bryan Lewis, co-president of the CCF and manager of advice and wellness at CAPTRUST. “Our annual Giving Day was created as a response to the pandemic, and our dedication to CAPTRUST’s mission ensures it continues into its fourth year and beyond.”
The following charities received support:
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 to or learn more about the CAPTRUST Community Foundation, please call 855.649.0943.
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 1,300 employees across 75 locations nationwide, CAPTRUST oversees more than $714 billion in assets, including just over $598 billion in nondiscretionary assets under advisement and just under $116 billion in discretionary managed account assets (as of December 31, 2022).
Raleigh, NC—July 12, 2023—CAPTRUST Financial Advisors (CAPTRUST) announced today the addition of Southern Wealth Management (SWM). The firm is headquartered in San Antonio and has offices in Dallas and Midland, Texas, as well as New Orleans, Louisiana.
SWM manages more than $2.3 billion in assets and specializes in serving ultra-high-net-worth families with a robust suite of family office services. The team’s philosophy focuses on helping families navigate the labyrinth of options available to them, develop sound strategies, and implement their financial plans in a manner that will stand the test of time. This approach goes beyond traditional investment portfolio design and management to encompass sophisticated financial and estate planning.
The firm will more than double CAPTRUST’s existing tax practice, adding tax consulting and compliance expertise around income, estate, and gift taxes. SWM also offers business succession planning, including business valuation, life insurance portfolio design and management, and philanthropic planning and plan management.
SWM was founded in 2005 and is led by Managing Partner Dick Jones. He and 62 additional colleagues will join CAPTRUST.
“At SWM, we have enjoyed longstanding multigenerational relationships with families. In the same vein, we saw longevity and growth for our firm by joining CAPTRUST,” said Jones. “Our team looks forward to expanding our network and resources for the benefit of our clients and for our people.”
“The extensive offerings SWM brings in the family office space are a win for CAPTRUST. This is a niche we are excited to build on, and SWM’s expertise will make that offering even more competitive,” said Rush Benton, CAPTRUST’s senior director of strategic growth.
The addition of SWM marks CAPTRUST’s third deal in Texas this year, following Monroe Vos Consulting in Houston and Omega Wealth Partners in Fort Worth. CAPTRUST’s presence will also grow in New Orleans, following the addition of Crescent Capital Consulting in late 2021.
This deal is CAPTRUST’s fifth of 2023 and the 69th since 2006. Consistent with other transactions, SWM will take on the CAPTRUST brand. Advice Dynamics Partners LLC served as SWM’s financial advisor in the transaction.
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 1,300 employees across 75 locations nationwide, CAPTRUST oversees more than $714 billion in assets, including just over $598 billion in nondiscretionary assets under advisement and just under $116 billion in discretionary managed account assets (as of December 31, 2022).