Wilt&Team Set a New Course

One of the nation’s leading retirement plan adviser teams has broken its long-standing wirehouse ties, and embraced an independent affiliation.

After two decades with Merrill Lynch, industry veteran Steve Wilt and three of his partners from the Star Group have linked up with Raleigh, North Carolina-based CAPTRUST Financial Advisers, where Wilt will lead CAPTRUST’s Midwest operations out of Akron, Ohio.

Wilt’s team – which includes Susan Clausen, Paul Stibich and Will Lyle – was PLANSPONSOR’s 2007 Retirement Plan Adviser Team of the Year.

“This was a very big decision for me, as I have spent my entire career building my client base and many important friendships and relationships while at Merrill Lynch,’ said Steve Wilt. “But the industry has changed dramatically over the last few years and it became clear to me that our clients would be better served working with an independent firm, like CAPTRUST, that held a specialized focus on providing retirement advice.’

“As a specialty retirement advisory firm, our success has always been tied to our ability to attract the best and brightest retirement advisors,’ added J. Fielding Miller, co-founder and CEO of CAPTRUST Financial Advisors. “It goes without saying that we are thrilled to add such a highly-regarded team to our experienced group of advisers. CAPTRUST got better today.’

CAPTRUST Financial Advisors is an independent investment research and retirement advisory firm specializing in providing strategic advisory services to retirement plan fiduciaries, executives, and high net-worth individuals. Headquartered in Raleigh, North Carolina, the firm represents $22 billion in client assets with offices in Atlanta; Birmingham, Alabama; Boston; Charlotte, North Carolina; Jackson, Mississippi; Philadelphia, Pennsylvania; Portland, Maine; Richmond, Virginia; Washington, D.C.; and now Akron, Ohio.

More information is available at www.captrustadvisors.com.