{"id":646623,"date":"2026-10-15T00:14:32","date_gmt":"2026-10-15T00:14:32","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/646623\/"},"modified":"2026-10-15T00:14:32","modified_gmt":"2026-10-15T00:14:32","slug":"captrust-gains-3b-advisory-team-from-truist","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/646623\/","title":{"rendered":"Captrust Gains $3B Advisory Team from Truist"},"content":{"rendered":"

Captrust Financial Advisors, a Raleigh, N.C.-based registered investment<\/a> advisor with $1.3 trillion in assets under management and advisement, announced that the Hoge-Barrett Group, a 13-person wealth management team overseeing more than $3 billion in client assets, has joined the firm in Winston-Salem, N.C.<\/p>\n

The team, led by advisor Brett Hoge, traces its roots to 1999 and has built its practice around long-term relationships and comprehensive advice for clients with complex financial needs, according to the announcement. The group was formerly part of broker\/dealer Truist Investment Services, a subsidiary of Truist Financial Corporation.<\/p>\n

\u201cWe chose Captrust because it gives us greater flexibility in how we serve clients, while adding a more in-depth technology stack, deeper investment research and more wealth planning capabilities,\u201d Hoge said in a statement.<\/p>\n

Hoge has been a practicing advisor since 1999, according to BrokerCheck, and joined Truist about five years ago from BB&T Securities. Partner Alex Barrett started working as an advisor in 2012 and was with Hoge at BB&T Securities, according to BrokerCheck.<\/p>\n

Related:NYC-Based Tax Firm CohnReznick to Add $8B West Coast Wealth Practice<\/a><\/p>\n

They will now use Captrust\u2019s broker\/dealer, Capfinancial Securities.<\/p>\n

The move will allow the firm to remain focused on the families it serves while gaining tools to address the complexity that accompanies significant, multigenerational wealth, Hoge said.<\/p>\n

The Winston-Salem office will be Captrust\u2019s seventh location in North Carolina, where the firm has over 580 employees, including 111 advisors. It will also be Captrust\u2019s seventh acquisition this year.<\/p>\n

\u201cTeams like Hoge-Barrett don\u2019t want to sacrifice scale or resources to gain independence,\u201d Scott Matheson, managing director, head of client solutions at Captrust, said in a statement. \u201cThey want both, and Captrust is uniquely positioned to deliver.\u201d<\/p>\n

Captrust provides financial advice and investment management services to individuals, endowments, foundations, nonprofit organizations and retirement plan sponsors. Roughly $320 billion of its client holdings are discretionary assets under management, according to its most recent Form ADV.<\/p>\n

This September, the RIA acquired two longtime affiliated RIAs<\/a> in Melville, N.Y., with a combined total of 7 professionals and $1.2 billion in client assets.<\/p>\n

Captrust is majority owned by its employees, including CEO and founder Fielding Miller, with minority investments from the Carlyle Group and GTCR.<\/p>\n","protected":false},"excerpt":{"rendered":"Captrust Financial Advisors, a Raleigh, N.C.-based registered investment advisor with $1.3 trillion in assets under management and advisement,…\n","protected":false},"author":2,"featured_media":646624,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[14],"tags":[114,268,85,46,266,267],"class_list":["post-646623","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-business","tag-finance","tag-il","tag-israel","tag-personal-finance","tag-personalfinance"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/646623","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=646623"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/646623\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/646624"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=646623"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=646623"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=646623"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}