CAPTRUST Financial Advisors announced a major milestone: surpassing $1 trillion of total client assets as of June 30, 2024. Launched in Raleigh, North Carolina, CAPTRUST has grown to a national firm with clients in all 50 states.
CAPTRUST was originally founded in 1997 as an independent registered investment advisor. And the firm offers investment management, financial planning, estate planning, and tax advisory and compliance services for individuals and families.
The firm also provides 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 provides investment advisory services, fiduciary support, plan design, provider analysis and fee benchmarking, employee advice programs, etc.
KEY QUOTES:
“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.”
“As we look forward, our opportunities are accelerating. 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.”
- Fielding Miller, co-founder, CEO, and chairman of the board
