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Captrust acquires Nachman Norwood & Parrott Wealth Management

In fact, because private equity firm GTCR
bought a 25% interest in Captrust at a $1.25-billion valuation last year, there is âno capital constraint at this pointâ for any other future acquisitions, according to Benton. In the first two months of the year, Captrust unveiled two incoming practices that both had
has $154 billion in assets under advisement.
The incoming group has 17 employees, including seven partners: Bob Nachman, Ben Norwood, Wes Boyce, Al Cannon, Maura Copsey, Gary Davis and Russ Miller. Nachman Norwoodâs RIA has more than $2 billion in AUM while working with Purshe Kaplan Sterling Investments as its broker-dealer for the small portion of non-advisory assets. Under the deal, the practice will join Captrustâs RIA and broker-dealer. Prior to spending the past three years with PKS, the 32-year industry veteran Nachman first went independent in 2007 with Wells Fargo Advisors Financial Network, according to FINRA BrokerCheck. ....

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US in the news: Wealth Enhancement Group buys Los Angeles firm

US in the news: Wealth Enhancement Group buys Los Angeles firm
international-adviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from international-adviser.com Daily Mail and Mail on Sunday newspapers.

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This Week in Wealth Management Deals

This Week in Wealth Management Deals
wealthmanagement.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wealthmanagement.com Daily Mail and Mail on Sunday newspapers.

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Captrust Acquires $2.1B Nachman Norwood & Parrott Wealth Management

Captrust Acquires $2.1B Nachman Norwood & Parrott Wealth Management
wealthmanagement.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wealthmanagement.com Daily Mail and Mail on Sunday newspapers.

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M&A Update: CAPTRUST's 50th, New SageView and Hub Deals

M&A Update: CAPTRUST's 50th, New SageView and Hub Deals
planadviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from planadviser.com Daily Mail and Mail on Sunday newspapers.

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