In November, WealthManagement released its very first listing of Thrive Award recipients, and CAPTRUST was included!
This first-of-its-kind program acknowledges companies, individuals, and teams who have turned out blockbuster revenue growth over the past three years.
With average revenue growth of award winners estimated at three times the industry average, CAPTRUST made the list with 85 percent year-over-year organic growth in the wealth management business.
According to Wilson Hoyle, managing director and head of the firm’s Advisor Group, CAPTRUST is seeing growth across all client types—wealth management, retirement plans, and endowments and foundations.
“We are and will continue to be a growth company,” said Hoyle. “We think the ability to grow organically is the best indicator of a company’s health.”
The impressive list honors U.S. advisors and firms of all types, including solo advisors, ensembles, practices, family offices, registered investment advisors, and independent broker dealer representatives.
Applicants were assessed and segmented by various criteria, including size of book, geographic location, type of business, gender, and other measures.
To see the list in its entirety, click here.
Founded in 1997 in Raleigh, North Carolina, CAPTRUST is an independent registered investment advisor with more than 650 employees nationwide and $362 billion in client assets. An employee-owned firm, CAPTRUST provides investment advisory services to retirement plan fiduciaries, endowments, and foundations, and comprehensive wealth planning services to executives and high-net-worth individuals. CAPTRUST’s mission is to enrich the lives of its clients, colleagues, and communities through sound financial advice, integrity, and a commitment to service beyond expectation. The firm also operates the CAPTRUST Community Foundation, a charity focused on meeting the needs of underserved children.