The July 2018 issue of Financial Advisor magazine ranked CAPTRUST number one among registered investment advisors (RIAs) with assets in excess of $2 billion—making it our third year running to achieve this distinction. The magazine’s annual survey analyzes several metrics, including assets under advisement, asset growth over the trailing year, and assets per client, as well as other indicators of business success.
In the article accompanying the survey results, Financial Advisor author Christopher Robbins discusses recent challenges for the investment advisory industry, such as an evolving client base, shifting regulations, new technological possibilities and demand for new services. Despite these headwinds, the firm continues to thrive.
“Advisors succeed here because we help them achieve their highest and best use. Our approach is client-first, and that resulted in a 99% client retention rate in 2017, something we are extremely proud of. Our record revenue and growth in 2017 also enabled us to make a substantial reinvestment in our business, since we reinvest half of our profits each year,” said CAPTRUST Managing Director Rick Shoff.
To read the article online, please visit fa-mag.com.
CAPTRUST Financial Advisors is an independent investment research and fee-based advisory firm specializing in providing retirement plan and investment advisory services to retirement plan fiduciaries, endowments and foundations, and executives and high-net-worth individuals. Headquartered in Raleigh, North Carolina, the firm represents more than $278 billion in client assets from its offices located across the U.S. For more information, please visit www.captrustadvisors.com.