Captrust adds $2.4bn in assets with Meritage purchase

Captrust Financial Advisors has incorporated Meritage Portfolio Management, a Kansas City-based wealthiness absorption firm, into its operations.

Financial presumption of the woody stay undisclosed.

Meritage serves high-net-worth clients and institutions specified arsenic status plans, endowments, and foundations. It manages lawsuit assets of $2.4bn.

The steadfast officially joined Captrust successful December 2025 and has adopted the Captrust brand.

Leadership astatine Meritage includes president and co-chief concern serviceman Mark Eveans and Principal Jim Klein.

The woody adds 17 employees to Captrust, 9 of whom are advisers.

Houlihan Lokey provided fiscal proposal to Meritage for this transaction.

Eveans said: “By joining Captrust, we are positioning ourselves for semipermanent success. This strategical measurement gives our squad entree to a broader web of resources and enactment that volition assistance america make caller opportunities for some our clients and colleagues.”

Captrust main and Midwest determination person Nick Blasi said: “Meritage has a unsocial position and proven expertise that complements our capabilities.

“Kansas City has go a cardinal maturation marketplace for Captrust, and Meritage’s estimation for thoughtful, trusted lawsuit relationships adds tremendous worth arsenic we proceed to expand. This summation strengthens our quality to service clients locally portion supporting our semipermanent nationalist growth.”

This improvement follows Captrust’s erstwhile acquisitions successful the Kansas City area, including Frontier Wealth Management successful 2022.

Upon the integration of Meritage, Captrust present employs 54 unit members crossed 2 Kansas City locations.

Captrust provides services to individuals and institutions, including concern management, fiscal planning, fiduciary support, and different offerings for status program sponsors and nonprofits.

Last March, Captrust besides acquired Carolinas Investment Consulting successful Charlotte, North Carolina. Established successful 2001 by George Edmiston, CIC manages assets exceeding $1.4 bn.

"Captrust adds $2.4bn successful assets with Meritage purchase" was primitively created and published by Private Banker International, a GlobalData owned brand.

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