Subscribe

Multifamily office Caprock strikes first deal for $2.2B boutique firm

Jay Page and Jeffrey Friedstein of Grey Street Capital

The Idaho-headquartered firm tops the $11B AUA mark as it scoops up an independent wealth firm based in Chicago.

Caprock, a prominent multifamily office RIA offering specialized services to ultra-high-net-worth individuals, marked a milestone in its growth story with its first-ever acquisition. The firm announced that it has snapped up Grey Street Capital, a boutique advisory firm based in Chicago with $2.2 bi

Subscribe or log in to read the rest of this content.

Related Topics: ,

Learn more about reprints and licensing for this article.

Recent Articles by Author

Why aren’t 529 savings plans more popular?

Edward Jones research highlights gaps in adoption and awareness even as three-fifths of Americans feel they’re falling short on education savings.

Sanctuary names Envestnet’s Robert Coppola as new CTO

The growth-focused RIA is advancing its digital strategy for advisors, including plans for AI and enhancing its TAMP and fee-for-planning platforms.

LPL swipes veteran advisor duo from Cetera

The pair in Orange County, California managed $225M in advisory, brokerage, and retirement plan assets at their former firm.

Bitcoin fund behemoth Grayscale announces CEO succession

The crypto investment colossus is tapping an asset management veteran with history at Goldman, BlackRock, and Invesco as its next chief executive.

High school financial literacy education now mandatory in Oklahoma

State Governor Stitt signs legislation adding financial literacy education as a requirement for high school graduation.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print