CAPTRUST Closes Another Deal

CAPTRUST Financial Advisors, an independent retirement advisory firm, has completed the acquisition of the retirement plan division of Birmingham, Alabama-based Capital Strategies Advisors Inc.
The new office will be headed up by Paul Owen and Pat Bills who join CAPTRUST with over 40 years of combined industry experience, according to a press release.
As a result of the acquisition, CAPTRUST extends its presence in the southeast markets. The firm now has 34 advisors in 8 offices from Maine to Alabama and advises on $22 billion in assets.
“We are always very excited about the ability to add additional advisor talent to CAPTRUST and the opportunity to provide world-class service and advice to our newly added fiduciary clients’ said CAPTRUST CEO, Fielding Miller. “This deal marks CAPTRUST’s latest step towards being the platinum brand advisory firm for middle market companies and their executives.’