Captrust Financial Advisors, a Raleigh, North Carolina-based registered investment adviser, has acquired PWA Wealth Management, a Pittsburgh-based RIA that advises on more than $800 million in assets for individuals, small business owners, and institutional clients.
PWA, which was founded in 2003, has 15 employees, including seven financial advisers.
Captrust, which specializes in retirement plans, oversees more than $50 billion in assets under management and $409 billion in assets under advisement.
[Video: FPA alters course amid pandemic]
A $141M judgment and a federal asset freeze collide over one shrinking pool
The firm's CFO and EVP of Wealth Management Solutions are the latest executives to exit the broker-dealer.
Clients are saying they would consider switching advisors if another professional offered estate planning services, according to a new Trust & Will survey.
CEO Laurel Taylor says the fintech's composable AI stack helps workers optimize dollars across Trump Accounts, 529s, 401(k)s, and other employee benefits.
The bank has swiped three private banking veterans from BNY as the city climbs the ranks of America's fastest-growing wealth hubs.
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
