Greg Iacurci of InvestmentNews recently published industry research focused on the trend of retirement plan advisors seeking to build their practices through the scale and support offered by larger firms. CAPTRUST, who has successfully integrated 26 acquired advisor practices over the last 12 years, ranks as the largest of firms active in this space with $194 billion of defined contribution plan assets under advisement and 85 defined contribution-focused advisors.
According to the article, joining a large firm may increase advisors’ competitive edge through brand recognition and the ability to reference aggregate defined contribution plan assets. Through CAPTRUST’s centralized model and approach to acquisitions, advisors achieve those benefits as well as gaining scale advantage and experiencing successful growth.
CAPTRUST Financial Advisors is an independent investment research and fee-based advisory firm specializing in providing retirement plan and investment advisory services to retirement plan fiduciaries, executives, and high-net-worth individuals. Headquartered in Raleigh, North Carolina, the firm represents more than $210 billion in client assets with offices in Alabama, California, Connecticut, Florida, Georgia, Iowa, Michigan, Minnesota, New York, North Carolina, Ohio, Pennsylvania, and Texas.