CAPTRUST Financial Advisors, an independent wealth management and retirement plan advisory firm, has entered into a definitive agreement to merge Parker Carlson & Johnson Investment Management into its wealth management practice.
Based in Dayton, Ohio, Parker Carlson & Johnson has been providing wealth management and investment advisory services to individuals, families, corporations and non-profit entities since 1982. The transaction is expected to close within 30 days.
Upon closing of the transaction, CAPTRUST will have more than 340 employees in 26 office locations servicing a nationwide client base of wealth management and corporate retirement plan clients. CAPTRUST CEO Fielding Miller said, “The professionals from Parker Carlson & Johnson are terrific additions to our wealth management team here at CAPTRUST.”
The decision to partner with CAPTRUST was the result of a search conducted by Parker Carlson & Johnson’s principals. “CAPTRUST’s depth of resources and people strengthens our research and advisory capabilities and improves the technology we need to service our clients,” said managing partner Kathleen A. Carlson.
This announcement follows CAPTRUST’s July merger with Bethlehem, Pennsylvania-based MFP Strategies, which added 25 new colleagues and expertise in ultra-high-net-worth estate planning and business preservation strategies.