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In its eighth deal of the year, Captrust Financial Advisors has acquired Rinet Co., a $2.2 billion Boston-based registered investment adviser.

The addition of Covenant Multifamily Offices expands Captrust's Texas footprint and adds $2.6 billion under management.

RALEIGH, N.C., Oct. 13, 2021 /PRNewswire/ -- CAPTRUST Financial Advisors (CAPTRUST) today announced that Covenant Multifamily Offices (Covenant) has joined the firm. With offices in San Antonio, Dallas, and Boerne,

In fact, because private equity firm GTCR bought a 25% interest in Captrust at a $1.25-billion valuation last year, there is “no capital constraint at this point” for any other future acquisitions, according to Benton. In the first two months of the year, Captrust unveiled two incoming practices that both had has $154 billion in assets under advisement. The incoming group has 17 employees, including seven partners: Bob Nachman, Ben Norwood, Wes Boyce, Al Cannon, Maura Copsey, Gary Davis and Russ Miller. Nachman Norwood’s RIA has more than $2 billion in AUM while working with ...

CAPTRUST Continues to Grow Northern California Wealth Management Offering with Addition of Pacific Investment Consultants News provided by Share this article Share this article RALEIGH, N.C., April 1, 2021 /PRNewswire/ -- CAPTRUST Financial Advisors (CAPTRUST) today announced that Pacific Investment Consultants (PIC) has joined the growing firm. PIC brings more than $700 million in assets under management (AUM) to CAPTRUST and comes on the heels of the firm adding another Northern California-based team, Genovese Burford & Brothers Wealth & Retirement Plan Management, LLC (GBB). Based in Fol...