Monday, December 11, 2023
HomeFinancial AdvisorCAPTRUST Adds $1.1B AUM Washington State RIA

CAPTRUST Adds $1.1B AUM Washington State RIA

Raleigh, N.C.-based CAPTRUST Financial Advisors announce today that it has acquired Trutina Financial.

Based in Bellevue, Wash., Trutina manages $1.1 billion in client assets across three lines of business: family wealth management, retirement plans and corporate cash management for businesses, endowments and foundations.

“The Pacific Northwest is a region we have wanted to expand in for a long time,” said Rush Benton, CAPTRUST’s senior director of strategic growth, in released comments. “Adding the folks at Trutina is the perfect way to initiate our presence in this market.”

Fifteen professionals will transition from Trutina as it moves to the CAPTRUST brand, including leaders Geoffrey Schock, Trutina’s managing partner and chief compliance officer, and Matt Myers, senior partner and chief strategy officer.

“The more we learned, the more we realized the folks at CAPTRUST are in this business for the right reasons,” said Myers in released comments. “They will help us grow up as a firm and be able to keep serving our clients with more sophisticated services. Plus, we’re able to put equity into the hands of our people.” 



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