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CAPTRUST Tops List of State’s Biggest Money Managers

On July 30, Business North Carolina announced its third annual ranking of companies that oversee at least $1 billion in assets. CAPTRUST came in at the top of the list with more than $270 billion in assets.

On July 30, Business North Carolina announced its third annual ranking of companies that oversee at least $1 billion in assets. CAPTRUST came in at the top of the list with more than $270 billion in assets, marking a 57 percent increase over the past two years, with asset growth driven by investment gains and acquisitions.

Ranking data is based on the most recent regulatory reports filed by the companies, plus other details compiled by BrightScope Inc., a San Diego-based research company. The list cites the biggest North Carolina-based money managers according to the amount of assets overseen by the company. Overall, the 36 companies on the list manage nearly $690 billion in assets for individuals, pension funds, endowments, and others. 

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About CAPTRUST

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.