Captrust adds $600 million RIA in South Carolina
Reynolds Investment Management’s eight-person team will work under Captrust’s brand.
Captrust Financial Advisors, a Raleigh, North Carolina-based registered investment adviser specializing in retirement plans, has acquired Reynolds Investment Management, a Greenville, South Carolina-based RIA overseeing more than $600 million in assets.
Terms of the acquisition were not disclosed.
Led by Tom Reynolds, the firm’s eight employees will be joining Captrust and working under its brand, the company said in a press release Thursday.
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