div to close
How does the advisor help clients – Key Takeaways:
CAPTRUST provides comprehensive financial advisory services to help clients reach their financial goals. Their team of experienced advisors takes a holistic approach to financial planning, offering personalized and tailored solutions for each client’s unique needs.
Facts and Insights
As of 2021, CAPTRUST’s assets under management (AUM) exceeded $57 billion, with a team of over 800 advisors operating in over 50 locations across the United States. The company was founded in 1997, making it a well-established and reputable player in the financial advisory industry.
CAPTRUST offers a range of financial services, including investment management, financial planning, retirement planning, estate planning, and risk management. Their advisors have expertise in various areas such as tax planning, insurance, and charitable giving, allowing them to provide comprehensive financial solutions to their clients.
Client Types
CAPTRUST serves a diverse range of clients, including high-net-worth individuals, corporate executives, business owners, professionals, and retirees. They also cater to institutional clients, such as endowments, foundations, and retirement plans.
Fees & Compensation
CAPTRUST follows a fee-only model, which means they do not receive any commissions or compensation from third parties for recommending specific products or services to their clients. This helps eliminate potential conflicts of interest, ensuring that the advisors’ recommendations are always in the best interest of their clients.
The company’s fees are based on a percentage of AUM, typically ranging from 0.50% to 1.00%. The exact fee is determined based on the complexity of the client’s financial situation, the level of assets under management, and the scope of services provided.
Background
CAPTRUST was founded in 1997 by J. Fielding Miller and David M. Armstrong with a vision of providing independent and objective financial advice to clients. Over the years, the company has grown through strategic mergers and acquisitions, expanding its geographic reach and service offerings.
Today, CAPTRUST has earned a reputation as one of the most trusted and respected financial advisors in the industry, with numerous accolades and awards recognizing their commitment to delivering exceptional service and results for their clients.
Financial Advisor Disclosures to Know
As a registered investment advisor, CAPTRUST is held to a fiduciary standard, which means they are legally obligated to always act in the best interest of their clients. This includes disclosing any potential conflicts of interest and ensuring full transparency in their financial recommendations.
Furthermore, all of CAPTRUST’s advisors are required to uphold the company’s Code of Ethics and adhere to strict compliance and regulatory guidelines. This ensures that clients can trust in the integrity and professionalism of their advisors and the services they provide.