Captrust Buys $2.3 Billion RIA, Building on Recent Acquisitions

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Captrust, a top-ranked wealth management firm, inked another acquisition, this time for TrustCore Financial Services, a registered investment advisor with $2.3 billion in assets.

Since its founding in 2006, Captrust has expanded steadily through organic growth and acquisitions. The Raleigh, N.C.-based firm has inked 63 deals and the RIAs it acquires take on Captrust’s brand. Captrust has more than 1,200 employees and oversees more than $750 billion in assets under advisement as of Sept. 30, according to the firm. 

With…