CAPTRUST Acquires $3 Billion Wealth Management Team in Winston-Salem
CAPTRUST Financial Advisors has announced the acquisition of the Hoge-Barrett Group, a wealth management team based in Winston-Salem, North Carolina. The group manages over $3 billion in client assets and consists of 13 advisors led by Brett Hoge. This marks CAPTRUST's seventh location in North Carolina, where it now employs more than 580 people. The move aligns with a broader trend among elite advisory teams seeking independence while maintaining access to scale and resources. The team cited the need for enhanced technology, investment research, and wealth planning capabilities as key reasons for joining CAPTRUST. Scott Matheson of CAPTRUST emphasized that their unified practice model allows advisors to retain client relationships and local identity while leveraging a national platform. CAPTRUST offers services including holistic financial planning, OCIO solutions, fiduciary support, and retirement plan design across multiple sectors.
Topics: advisory team acquisition expansion RIAs (Registered Investment Advisors) wealth management