2022 Blue Book

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Take a walk down memory lane...2022 is behind us, but there’s lots to celebrate!

In-person events returned—from Battle of the Bands and Capchella to the Bond Brothers 5K and Pancake Breakfasts—and we appreciated being together more than ever before.

Here’s a look at some of our accomplishments, fun times, and memories from the year.

Follow along and be proud of all we have done together this year.

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LETTER FROM THE CEO CAPTRUST Nation, 2022 was a special year in many ways. In addition to marking our 25th year as a firm, it was great getting everyone back in the offices working together.

Our annual Blue Book allows us to look back on our achievements of the last year, including accolades, awards and special recognitions, community contributions, new shareholders, and much more.

I hope you enjoy reflecting on some of these memorable moments from 2022.

Onward and upward!

J. Fielding Miller CAPTRUST Chief Executive Officer

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TABLE OF CONTENTS Brick Awards............................................................... 4 Advisor Awards.......................................................... 7 Shareholders................................................................ 10 Inclusion & Diversity................................................. 14 Women’s Initiative..................................................... 18 CAPTRUST Community Foundation............... 20 The CAPTRUST Way................................................ 28 Young Professionals................................................. 34 CAPTRUST Colleagues at Play........................... 36 Accolades..................................................................... 40 Raleigh Visits............................................................... 42 CAPTRUST Growth.................................................. 44 VESTED.......................................................................... 46 Board of Directors.................................................... 50

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*awarded during the Brick Awards in January 2022

Each year, we recognize CAPTRUST colleagues who exemplify our mission and core values and have gone above and beyond through the Bricks of Success Awards.

These awards are given in the form of a marble brick, symbolizing that a great company is built one brick at a time.

CAPTRUST awarded 23 staff members with prestigious Brick Awards. Each award represents a milestone in achievement as a CAPTRUST team member. Congrats to this year’s nominees and winners! OBAAT!

M V P B R I C K AWA R D Awarded to our colleague who has provided the most significant overall contribution to the firm. Set apart from the crowd, the MVP best represents the spirit of our company mission.

Winner: Christina Markell-Balleza San Antonio, TX

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C L I E N T S E R V I C E B R I C K AWA R D Awarded to the colleagues who best exemplify world-class service in their daily interactions with others.

Winners:

Jason Bart

Washington, D.C.

Justin Gartman Raleigh, NC

Teri Halasz Dayton, OH

Catherine Mitchell Raleigh, NC

Tess Samperi Boston, MA

C O M M U N I T Y S E R V I C E B R I C K AWA R D Awarded to the colleagues who most generously volunteer their time and talent for the benefit of others.

Winners:

Ken Carter Raleigh, NC

Kim Griggs-Murray Charlotte, NC

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Tiffany Larew Raleigh, NC

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Michelle Miller Atlanta, GA

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David Wahlen Raleigh, NC

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S T E P - U P B R I C K AWA R D Awarded to the teammates who step up by taking on additional responsibilities or embracing new challenges.

Winners:

Elizabeth Banda Raleigh, NC

Jenn Brown

Chesterton, IN

Cara Cannon

Aisha Palma

Boston, MA

Lake Success, NY

Veronica Willoughby Raleigh, NC

I N N O VAT I O N B R I C K AWA R D Awarded to the most innovative idea that helps us become a more consistent, efficient, and effective company.

Winner:

Allego *John Curry Todd Echstenkamper Ben Farmer *Amanda Herren Tiffany Larew Kara Pearson Colby Warren

*not pictured

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ADVISOR AWARDS From celebrating an advisor’s exceptional growth to honoring someone who embodies the values of the firm, our Advisor Awards recognize the success of individuals in the Advisor Group. Congrats to the winners!

ADVISOR OF THE YEAR

Veronica Karas The Advisor of the Year is peer chosen as the colleague who stands out among the rest.

Veronica Karas was recognized for building a tremendous book of business while mentoring fellow advisors and being an active participant in CCF.

RAINMAKER

Jim Edwards

The Rainmaker Brick is given to the advisor who added the most new revenue in the previous year.

Jim Edwards won Rainmaker for the third time after winning in 2019 and 2020.

ONEUP

Jason Stanicek The OneUP (One Unified Practice) Brick is given to the advisor who best exemplifies our culture by lifting other advisors.

Jason Stanicek was honored for constantly helping colleagues through investments of his time and encouragement. He is also known for being an early adopter among the firm who consistently invests in his team and practice.

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$150,000 IN RECURRING REVENUE Troy Anderson Eric Bailey Beryl Ball Brodie Barnes Kelly Brothers John Davenport Dan DiGiacomo Matt Doyle Dori Drayton Devyn Duex Jim Edwards Dan Esch Shaun Eskamani Dave Fernandez Will Froelich Johnny Garrett

Mike Genovese Mario Giganti Mike Gray Chad Griffeth Michael Henderson Jay Irons DJ Johnston Veronica Karas Stan Kimball David Koch Chris Kulick Ryan Leach Ryan Lee Jeff Loehwing Marcus Magyar John Maloney

Larry Manning Patrick Marlatt Drew McCorkle Jerry McQueen Evan Melcher Mike Molewski Steve Morton Paul Owen John Pickett Mike Pratico Charles Pyke Tim Rice Mike Sanders Joe Scarpo Marilyn Schaja Wes Schantz

Barry Schmitt Steve Schott Cathy Seeber AJ Shimp Susan Shoemaker Jason Stanicek Jon Strickland Jim Strodel Danny Summerlin Jimmy Talton Kyle Tucker Travis Whitten Steve Wilt Emily Wrightson

Marcus Magyar** John Mangum** Larry Manning John Martin** Drew McCorkle** Mark Medlin** Evan Melcher* Mike Molewski** Steve Morton** Paul Owen** John Pickett** Jim Pierce* Mike Pratico Wes Schantz** Barry Schmitt**

Steve Schott** David Schwartz** Cathy Seeber AJ Shimp Fred Sloan** Jason Stanicek** Jon Strickland** Jim Strodel** Danny Summerlin** Jimmy Talton** Kyle Tucker** Scott Wertheim* Travis Whitten Steve Wilt**

VALUES TRIP Eric Bailey** Beryl Ball** Brodie Barnes** Buck Beam Mike Blair* Chris Butz** Mark Davis* Dan DiGiacomo** Matt Doyle** Devyn Duex Jean Duffy** Jim Edwards** Dan Esch** Shaun Eskamani** Vinton Fountain

Will Froelich Johnny Garrett** Mario Giganti Mike Gray** Michael Henderson Jay Irons DJ Johnston Philly Jones* Todd Jones** Stan Kimball** Alan Kleinberg** David Koch** Chris Kulick** Ryan Leach Jeff Loehwing**

*2020 qualifier | **2020 and 2021 qualifier Announced during Advisor Kickoff in January 2022

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VALUES TRIP One&Only Palmilla Resort Los Cabos, Baja Mexico March 2022

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NEW SHAREHOLDERS CAPTRUST extends shareholder options to employees after three years at the firm. Equity in CAPTRUST is open to employees of all levels. As of 2022, 53 percent of our colleagues are shareholders.

Congrats to our newest shareholders!

Walter Abele

June Farias

Kara Pearson

Elizabeth Altman

Joelle Gallaway

Kelly Pickering

Laura Amos

Kelly Gilbert

Christine Safarikas

Keith Bailey

Karren Gorney

Marilyn Schaja

Braxton Barnes

Jacquelyn Guthrie

Kim Lupo

Susan Barnes

Scott Harvey

Amy Sheridan

Derek Barnett

Sherri Henke

Grayson Short

Anne Beckwith

Kenya Holliday

Fran Slacum

Shana Benoit

Liz Hunter

Jonathan Smith

Tyler Besser

Sydney Jennings

Daniel Spencer

Doug Brick

Morgan Jones

Benjamin Sroka

Dale Broadbent

Rob Jones

Christopher Stauffer

Jeannie Brown

Deanna Keating

Wally Terrell

Tanya Campo

Deborah Langer

Jeffrey Thurm

Liz Cox

Kristen Lasley

Kaylie Tomadakis

Amanda Crowgey Wells

Michael Lenzo

Debbie Tucker

Christina Culver

Meredith Moore

David Wahlen

Lorry DeSantis

Bonita Olis

Kathy Waters

Maxine Dooley

Aisha Palma

Pam Weaver

Jared D’Orazio

Marie Pasquale

Cheryl Wickham

Rhonda Downum

Evan Patterson

Juanita Evans

Shalethia Patton

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2 0 2 2 S H A R E H O L D E R S R E T R E AT In March 2022, CAPTRUST shareholders came together to celebrate our culture, learn about the state of the company, and look toward the future of the firm. Events included a financial update from Ben Goldstein and Robert Miller, plus a panel with Fielding and board members Dasha Smith, Rob Solomon, and Mark Wilson.

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S H A R E H O L D E R S R E T R E AT

Tested and Vested joined Legal Tender for an epic battle of the bands! CAPTRUST is growing, and so is its musical talent! With that in mind, The Rollovers, CAPTRUST’s current corporate band, decided to build two powerhouse bands that could compete in a battle of the bands showdown at the annual Shareholder Retreat in March 2022.

ALTFEDER • ALTMAN • BATTLE • CURRY • FARMER • FRANCHER • GARTMAN • IRONS KELLY • STROTHER • VOGELZANG • WARREN • WARREN • WILLIAMSON • WOOD • ZICK

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Inclusion and Diversity The mission statement of CAPTRUST’s Inclusion & Diversity Council is to foster an environment that promotes inclusion, a diverse workforce, and a strong sense of belonging.

The vision of these initiatives is to create a diverse, connected, and fully empowered workforce that celebrates and leverages our differences to drive value for clients, communities, and one another.

Each year, CAPTRUST expands these efforts through rich discussions, events, and even new employee resource groups to ensure everyone is included in the conversation.

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CAPTRUST has several diversity efforts targeted at all employees, including four Employee Resource Groups (ERGs): • • • •

BP Network: For racially/ethnically diverse employees and their allies Women Inspire, Support, Encourage (WISE) Network: For women and their allies PRIDE: For lesbian, gay, bisexual, transgender, queer (or questioning), intersex, and asexual (LGBTQIA) employees and their allies Living in Faith Together (LIFT): For those of any faith and those of no faith looking to come together and learn more

These groups have been important culture carriers for the firm, especially during times when most of the firm was working remotely. Events, networking opportunities, and fun activities brought together colleagues from across the country, many of whom never had the chance to meet in person.

New ERG: Honor We also announced a new ERG for veterans, employees serving in the National Guard or National Reserves, military family members, and their allies. Honor is chaired by CAPTRUST Principal and Financial Advisor Daryl Deke. CAPTRUST Senior Director of Marketing Greg Middleton serves as the group’s executive sponsor.

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Mission:

Mission:

Our mission is to empower women at CAPTRUST to achieve their professional goals through workplace training and resources, a supportive environment, a ​ nd the development of meaningful relationships.

Together, we foster an environment that empowers, encourages, celebrates, and advocates for the voices of Black, Indigenous, and People of Color at CAPTRUST.​ 2022 Leadership: Che-Che McCrimmon | Chair Katrina Webb | Chair John Curry | Executive Sponsor

2022 Leadership: Jennifer Doss | Chair Ellen Shaer | Chair Jean Duffy | Executive Sponsor

Mission: Together, we will support each individual, from every community in learning about and celebrating faith, in an inclusive company that will support and uplift them.​

Mission: Together, we will strive to provide an atmosphere of hope in education and awareness of the LGBTQ+ community. We will encourage and promote a safe environment for our LGBTQ+ employees and their allies so that each person feels welcome and encouraged to be their authentic self.

2022 Leadership: Josie Dorris | Chair Jon Meyer | Chair Christina Markell-Balleza | Executive Sponsor

2022 Leadership: Nina Esch | Chair Eliza Powers | Chair Mark Francher | Executive Sponsor

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I don’t know if it was as important that I led an ERG as it was being a part of the process to develop something that was and is needed at CAPTRUST. Being a part of this process and getting to know and work with our ERG members has been a highlight for me at CAPTRUST.

-Katrina Webb

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Women’s Initiative While having a diverse and inclusive workforce has always been a priority for the firm, CAPTRUST’s diversity efforts formally took shape in 2017 when our CEO, Fielding Miller, recognized the importance of lifting up women in the industry and increasing the number of women advisors at CAPTRUST. He charged the women of CAPTRUST and the entire company to focus on adding more diversity to our advisory force by increasing the number of women advisors. This initiative also included working to ensure every woman’s success at CAPTRUST. Today, women advisors make up 27 percent of our total advisor workforce. This percentage is well above the industry standard.

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Second Annual Women’s Leadership Forum This summer, the CAPTRUST Women’s Advisor Initiative held the second annual Women’s Leadership Forum. The virtual event was open to colleagues from across the firm and featured inspiring stories from women around the firm, as well as discussions with executive coaches and authors. More than 150 CAPTRUST employees from around the country tuned in for the event.

The CAPTRUST Women’s Initiative seeks to create a more diverse community of advisors focused on mentoring, encouraging, and collaborating, in an effort to recruit, retain, and lift up female advisors.

37% of the

CAPTRUST leadership team are women

27% of our

advisors are women

26% increase

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COMMUNITY FOUNDATION

Since the CAPTRUST Community Foundation (CCF) launched in 2007, we have been dedicated to helping our community. We support nonprofits across the country that benefit the lives of children. We have donated millions of dollars to support nonprofits. CCF is a 501(c)(3) charity, and the majority of the money raised is donated by CAPTRUST employees, then matched by the company.

Did you know that every representative of CAPTRUST Community Foundation is a volunteer? We are grateful for the many colleagues who run CCF as a volunteer role, making sure that children’s lives are enriched across the country thanks to CAPTRUST.

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This May, CAPTRUST celebrated Volunteer Month!

VOLUNTEER MONTH

Colleagues went into their communities and got involved with hundreds of hours of community service. Here’s a snapshot of just a few of our many volunteering colleagues!

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Many thanks to our CCF Leadership:

2022 CAPTRUST Community Foundation Board Members

Philip D’Unger President

Kim Griggs-Murray Vice President

Cheryl Wickham Secretary

Melissa Colley Treasurer

Kara Chase Events Chair

James Stenstrom Grants Chair

Ashley May Fundraising Chair

Michelle Miller Volunteer Chair

Elizabeth Altman Marketing Chair

Veronica Karas Financial Literacy Chair

Board Oversight Members

Greg Delage

Rhonda Downum

Nathan Erickson

Juanita Evans

Mary Hime

Vivian Houchens

Todd Jones

Bryan Lewis

Oliver Norman

David Wahlen

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Charity of Choice As the 2022 Charity of Choice, The Green Chair Project received a $100,000 grant to provide home essentials to those facing homelessness, crisis, or disaster in Wake County, North Carolina.

The CAPTRUST grant will directly support the Sweeter Dreams program, providing beds and cribs to 400 children and babies. Green Chair will also receive support from CCF volunteers throughout the year.

National Grants CCF selected five additional charities that received national grants of $25,000 in 2022.

Communities in Schools of Wake County: CIS Wake supports students in Wake County, North Carolina, empowering them to stay in school and achieve in life.

Families Together: Families Together moves families in Wake County, North Carolina, from homelessness to stable homes through mentoring and connection to community resources.

Kinetic Kids, Inc: This San Antonio, Texas, organization supports children with special needs and their families through adapted sports, fine arts, and educational programs.

Sunrise Day Camps Association: Sunrise supports children with cancer and their siblings nationwide through inclusive summer day camps, year-round programs, and in-hospital recreational activities.

TABLE: TABLE’s mission is to create equitable access to healthy food and provide nutrition education to children in Orange County, North Carolina.

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Make Way for Giving Day!

$610,000 In August, each CAPTRUST location was given the opportunity to choose a local nonprofit to receive a grant.

Our colleagues presented CCF grant checks to 69 charities, totaling $610,000, for CCF’s third annual Giving Day.

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The Green Chair Project: Pillow Fight

Team Smile Events

During the month of March, regional offices and HQ were in a battle to donate the most pillows, all going to benefit The Green Chair Project.

CCF volunteers attended TeamSmile (a former Charity of Choice) events this year: Charlotte, NC – March 4, 2022

Total Pillow Count: 1,066 (Largest number of pillows ever donated!)

Tampa, FL – Summer 2022

The Tower of Power (HQ): 372 vs.

The Acquisition Demolition (regional): 694

CAPTRUST Chicago

Financial Literacy

Our team in Chicago has been busy giving back! Several employees volunteered with Nourishing Hope and Cradle to Crayons, a CAPTRUST Giving Day grant recipient. More than 15 Chicago colleagues gave their time to support the local community.

Veronica Karas, Tanya Campo, and Giovanni Tiso (from Lake Success, NY) coordinated a program on a Teen’s First Budget to Team Green Basketball Camp.

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Bond Brothers 5K Bond Brothers Brewing in Cary, North Carolina, hosted their sixth annual 5K race benefiting the CAPTRUST Community Foundation. Over 400 people raced in-person or virtually, and we brought in over $18,000 for CCF!

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Santa Photos Santa visited Raleigh by way of CAPTRUST’s Ken Carter for photos this Christmas, and proceeds benefitted the CAPTRUST Community Foundation. Special thanks to Kaylin Nunez and Justin Gartman for snapping photos of our North Pole visitor.

Salvation Army Angel Tree CAPTRUST colleagues partnered with the Salvation Army to provide hundreds of children with Christmas gifts. The Exchange was overflowing with bikes, toys, clothes, and books for children in our community.

Thanks to Kevin Monroe for leading the charge on this important project!

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CAPTRUST is a mission-led and culture-driven organization. The collective heartbeat of our culture is defined as The CAPTRUST Way. The role of The CAPTRUST Way committee is to preserve and enhance the firm’s culture, which we view as our largest competitive advantage.

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2022 2022 CAP CAPTRU TR UST ST WAY WAY L LE EAD ADE ER RS SH HIIP P

Rita Kiesler President

Wes Collins Vice President

SUBCOMMITTEES The CAPTRUST Way Committee is supported by several enthusiastic subcommittees focused on making CAPTRUST inclusive, recognizing excellence, promoting our culture, and bringing the fun!

Events *Devyn Duex Drew Battle Wes Collins Jennifer Doss Debra Gates Ashley May Kevin Monroe

Mary Earls Treasurer

Lauren Palsgrove Secretary

Excellence

Intranet

*Mary Earls Jeremy Altfeder Allison (Charlie) Hubbell John Leissner Ellen Shaer Audrey Wheat

*Justin Gartman Ericka Cork Charlie MacBain Angela Moore Audrey Wheat Ambassador

New Employee *Lauren Palsgrove Jean Duffy Juanita Evans Meryl Golder Kara Pearson Ellen Shaer Fred Sloan

*Kara Pearson Jenn Brown Tanya Campo Will Chitwood Kathy Del Corso-Chase Lori Dillingham Monica Holtgrewe Margaret Jarocki Scott Matheson Michael Salmon

*Committee Chair

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SWAG CONTEST CAPTRUST Way hosted a company-wide swag contest, and the winners won...even more swag! Colleagues around the country piled on their CAPTRUST gear for a photo op.

MOST SWAG IN ONE PHOTO Winner: Charlotte, NC “We had some fun pulling together 60+ swag items in the Charlotte office!”

Runner-Up: Chicago, IL, and Chesterton, IN “The Chesterton and Chicago teams got together for a day of fun at Wrigley Field. This was the first time the majority of the two office teams met each other.”

Third Place: Oliver Norman Posing with all his swag

BEST POSE Winner: Laura Beth Hite—Abbey Road remake: CAPTRUST teammates walking to work Runner-Up: Vivian Chin LEGOs collaborating together Third Place: Amanda Calvert “Jenn Brown and I often work out together and are always challenging each other. We love to include our kiddos as well to help teach them that exercise can be fun!”

MOST EXOTIC LOCATION Winner: Skyler Borgman Photo taken on safari at the Chobe Game Reserve outside of Kasane, Botswana Runner-Up: David Ramsour Climbing a glacier in Alaska Third Place: Vickey Collins Island of Oahu, Hawaii, along Waikiki Beach

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CAPTRUST bands Tested and Vested and Legal Tender gathered at North Hills in Raleigh for the first annual CAPchella! Complete with Tex-Mex from Chuy’s, Two Roosters Ice Cream, and swag, CAPTRUST colleagues enjoyed beautiful weather and great music!

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Scariest

Most Creative

C O S T U M E C O N T E S T​ Spooky season at CAPTRUST! Our teammates dressed up in their best costumes for the annual contest sponsored by CAPTRUST Way.

​​​​​Scariest:

Carlos Quinto Raleigh, NC Samurai Most Creative: Karl Eggerss, Casey Keller, Britni Mosher, Lucas Lozano, and Shawn Morris Boerne, TX Who Is the Sharpest Crayon in the Box?

Family

Family: Nick DeCenso Raleigh, NC The Addams Family Funniest: Ken Carter Raleigh, NC John Daly Kids: Amanda Wright Raleigh, NC Harley Quinn

Team

Kids

Team: Atzin Mora, Katrina Stockdale, Ella Olinick, Velma Guerra, Lyda Guerra, Jackie Gonzalez, Connie Porras, Wanda Humphus, Marina Polanco, Monica Alcantar, and Melinda Alexis San Antonio, TX Coco Best Overall: John Brimhall Phoenix, AZ Scarecrow (on stilts) 32

Best Overall

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Funniest

H O L I D AY C O N T E S T​​​​​​ Congratulations to the winners of the holiday photo contest! Categories for the contest included tree and gingerbread decorating plus an ugly sweater contest.

Christmas Tree Winners: Kim Huppertz | Clarkston, MI Lyda Guerra | San Antonio, TX Virginia Crider | Greenville, SC

Gingerbread Winners: Cody Rogers | Raleigh, NC Melanie Prida | Raleigh, NC Vickey Collins | Raleigh, NC

Ugly Sweater Winners: Jeannie Brown | Tampa, FL Monica Holtgrewe | Charlotte, NC Derrick Wicker | Raleigh, NC

Remembering Joe Rivosecchi Joe worked with CAPTRUST for more than seven years before he passed in 2022. He was admired and loved by so many.

He had a great sense of humor and an infectious laugh, and he was an overly enthusiastic supporter of his beloved Virginia Tech football team. Outside of CAPTRUST, Joe was the quintessential family man, with unwavering commitment to his wife, Kimmie, and their two children, Theo and Nathan.

CAPTRUST is forever better because of our teammate Joe, and we will miss him dearly.

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YOUNG PROFESSIONALS GROUP This year, CAPTRUST launched its Young Professionals Group to foster relationships at the firm and bring people together for networking, career development, and community engagement opportunities. The Young Professionals group was launched by Jacob Munster, Caroline Regner, Grace Cleaver, and Pete Ruffel. Grant Verhaeghe serves as the group’s executive sponsor.

Lunch and Learn The CAPTRUST Young Professionals Group kicked off the year with a lunch and learn with special guest Scott Matheson.

Networking Breakfast CAPTRUST Young Professionals Group and interns gathered to chat over Chick-fil-A!

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Breakfast with Major General Angie Salinas The Young Professionals group hosted a breakfast with special guest Major General Angie Salinas, United States Marine Corps (Retired). General Salinas was the VESTED Second Act cover story, and she shared her experiences and insights from her time in the Marines and as the current CEO of the Girl Scouts of Southwest Texas.

Volunteer Lunch and Learn at A Place at the Table YoPros headed downtown to lunch and learn with Raleigh nonprofit A Place at the Table. Thirty CAPTRUST colleagues enjoyed a delicious lunch and heard from Founder and Executive Director Maggie Kane.

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CAPTRUST COLLEAGUES AT WORK

and play

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ACCOLADES

In 2022, CAPTRUST garnered national and local attention with accolades for the entire firm, regional offices, and individual colleagues.

Firm Ranks on Barron’s List CAPTRUST ranked fourth on the prestigious list of the Top 100 RIA Firms for 2022. The ranking is based on a formula encompassing assets managed, technology spending, firm diversity, and regulatory records, among other characteristics.

Top 100 Institutional Consulting Teams

Barron’s released its 2022 rankings for the Top 100 Institutional Consulting Teams, including 20 CAPTRUST teams from across the country. The goal of the award is to shine a spotlight on the nation’s best financial advisors, with an eye toward raising standards in the industry. Criteria for this recognition include assets under management, revenue, and quality of practice. The firm represents 20 percent of the 100 spots on this year’s list.

These CAPTRUST teams and their key advisors were ranked as follows: #2 – Team New York/Boston, led by Michael Volo, Jeffrey Levy, and Michael Sanders #10 – Team Allentown, led by Jim Edwards, Wes Schantz, and Jeff Loehwing #12 – Team Schott, led by Stephen Schott #25 – Team Doylestown, led by Chris Kulick, Paul Schaffer, Scott Wertheim, and Sean Teesdale #27 – Team Bailey, led by Eric Bailey #28 – Team Stanicek, led by Jason Stanicek #29 – Team Atlanta, led by Philly Jones, Evan Melcher, Zack Sadler, and Drew McCorkle #33 – Team Dallas, led by John Pickett and Travis Whitten #34 – Team Strickland, led by Jon Strickland #37 – Team Esch, led by Dan Esch #39 – Team Strodel, led by Jim Strodel #41 – Team Schmitt, led by Barry Schmitt #50 – Team Birmingham, led by Paul Owen, Phil Anderson, and Beau Williams #55 – Team South Michigan, led by Dori Drayton and Susan Shoemaker #56 – Team Wilt, led by Steve Wilt #60 – Team Des Moines, led by Jean Duffy and Andrew Shimp #69 – Team Eskamani, led by Shaun Eskamani #70 – Team DiGiacomo, led by Dan DiGiacomo #81 – Team Pratico, led by Mike Pratico #84 – Team Medlin, led by Mark Medlin

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Largest RIA for Seventh Year CAPTRUST was named the largest registered investment advisor (RIA) by Financial Advisor magazine for the seventh consecutive year on the publication’s 2022 RIA Ranking list. The annual survey considers metrics like assets under advisement, percent growth in assets, and assets per client.

Best Places to Work List The Triangle Business Journal announced its Best Places to Work list for 2022, ranking CAPTRUST fourth among extralarge companies with at least 250 employees. CAPTRUST moved up two places over the past year.

Corporate Philanthropy Award Winner CAPTRUST was named to the Triangle Business Journal’s 2022 list of 19 Corporate Philanthropy Award winners. Winners were chosen from more than 70 nominations in the Triangle area. The 19 winners include nonprofits, large and small corporations, and individuals that continue to impact the local community. CAPTRUST previously won the award in 2019.

Rising Star Named by DCIIA CAPTRUST Senior Financial Advisor Kevin Monroe was named a Rising Star for the 2022 Defined Contribution Institutional Investment Association’s (DCIIA) Diversity, Equity and Inclusion Awards. These awards recognize individuals who are advocating for or otherwise contributing to member organizations’ diversity, equity, and inclusiveness.

Advisors Named to 2023 NAPA Aces List CAPTRUST advisors Erica Blomgren, Patrick Flint, Jeremy Tollas, and Daniel Urban have been named to the National Association of Plan Advisors (NAPA) 2023 Aces: Top 100 Retirement Plan Advisors Under 40 list.

The NAPA Aces list recognizes young advisors at registered investment advisors and broker-dealer partners who are viewed as future leaders of the retirement plan advisory industry. This year’s list was selected from nearly 600 nominations, determined by nominee data and a BrokerCheck review.

NAPA Top Women Advisors Thirteen CAPTRUST advisors were recognized on the NAPA 2022 Top Women Advisors list. NAPA received a record number of nominations this year across three award categories: All-Stars, Captains, and Rising Stars. The top 50 women were named in the All-Stars and Captains categories, and 27 women were named Rising Stars.

All-Stars: Top advisors who have their own practices. This year, seven CAPTRUST advisors were named to the list: • • • • • • •

Taria Agbelusi Beryl Ball Deanna Bamford Erica Blomgren Karen Casillas Heather Darcy Abigail Russell

Captains: Advisors who are on the All-Stars list but are also team captains of their organizations. Five CAPTRUST advisors made this list: • • • • •

Dori Drayton Devyn Duex Jean Duffy Susan Shoemaker Emily Wrightson

Rising Stars: Top advisors who have less than five years of experience working on retirement plans as a financial advisor.

One CAPTRUST advisor was highlighted this year: • Katie Eldred 41

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Welcome to Raleigh!

CAPTRUST HQ was excited to host regional teams in person this year!

Most teams enjoyed a full day experiencing the tower, CAPTRUST culture, and a deep dive into resources. The workday concluded with a happy hour and dine-arounds with marketing consultants and other team members.

Chesterton | Lakeside Pittsburgh | PWA South Michigan | Plante Moran Lexington | New Market Wealth Phoenix | MRA Alabama | Welch-Hornsby San Antonio | Covenant Boston | RINET New Orleans | Crescent Chicago | Ellwood Atlanta | Stewardship Greenville | NNP New York/Boston | Cammack

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CAPTRUST GROWTH

CAPTRUST has been busy expanding across the country. From new markets to new bricks in existing offices, the firm added more than 125 colleagues through new deals in 2022.

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As I started creating Frontier’s strategic plan for the next three years, I realized that we would need to invest significant time, energy, and capital to build out areas of our business, like cybersecurity, marketing, and investment services. These are already areas where CAPTRUST has achieved significant scale. Joining CAPTRUST will benefit not only our clients, but the Frontier team as well.

Nick Blasi, Frontier Wealth Management

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Michelle and her team from Danda Trouvé Investment Management take a client-first approach that will enhance our wealth practice in the Midwest and provide further fuel for CAPTRUST’s growth.

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Rush Benton, Senior Director of Strategic Growth 44 O N E

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GROWTH IN 2022

JUNE 2022

Frontier Wealth Management Kansas City, MO Reynolds Investment Management Greenville, SC

SEPTEMBER 2022

Patriot Pension Advisors Foxborough, MA

OCTOBER 2022

Danda Trouvé Investment Management Prairie Village, KS IronGate Partners Wilmington, NC

NOVEMBER 2022

Generations Wealth Management West Des Moines, IA Kairos Private Wealth Lake Mary, FL

DECEMBER 2022

Plante Moran Financial Advisors (Endowment and Foundation practice)

Southfield, MI TrustCore Financial Services Nashville, TN

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VESTED

A CAPTRUST magazine

Launched in 2015 and produced exclusively for clients and friends twice annually, VESTED is CAPTRUST’s signature magazine. VESTED provides timely, relevant, and actionable ideas and recommendations to inform what’s next for our clients. From deep dives into the markets to a retiree’s newly discovered passion, VESTED offers something for every reader to connect with.

CAPTRUST has the experience and expertise to give our readers tips to help them achieve a more successful retirement. VESTED strives to break down stereotypes and present retirement as a period of fulfillment, new experiences, engagement, giving back, and something to aspire to.

About the Second Act Our signature cover story, Second Act, portrays a person’s thinking, preparation, and successful transition, to reduce the fear factor about what’s behind the curtain of retirement.

Take a sneak peek at the VESTED team at work:

John Curry and Jamal Joseph Winter 2019 | New York City, NY

Greg Middleton and Travis Mills Winter 2018 | Hallowell, ME

Azul Photography and Angie Salinas Fall 2022 | San Antonio, TX

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Stroke of Luck | Winter 2022 Sean Entin is this issue’s Second Act. Entin used his passion and entrepreneurial energy to build several businesses, but, at age 39, that came to a crashing halt. He suffered a massive stroke and, since then, has been fighting to rebuild his body and help other stroke survivors.

Other stories inside the issue: • The surprising problem of spending too little in retirement; • Current thinking on preventing and treating Alzheimer’s disease; • Inflation and its insidious effects on our thinking and long-term financial plans; and • Understanding your family’s heritage through food.

A Lawyer’s Big Leap | Summer 2022 This issue’s Second Act hero is Joe Dworetzky. After a 35-year career as an attorney in Philadelphia, a job he found both stimulating and challenging, he started over as a journalist and political cartoonist in a new city. His story of never letting go of his original passions—even decades later—should be a lesson for all of us.

More stories to explore: • Life lessons learned by cancer survivors; • What to do if you experience a late-life crisis; • How past geopolitical events have impacted the financial markets; • One family’s story of fighting to keep gospel music alive in Harlem; and • Rock climbing as a surprisingly safe way to stay fit and socially connected.

Leading New Troops | Fall 2022 Major General Angie Salinas, U.S. Marine Corps (Retired), shares her Second Act story in this month’s issue. After nearly 40 years of service, General Salinas had her pick of Fortune 500 leadership opportunities. She chose to impact the next generation of leaders instead, taking a role as chief executive officer of the 21,000-strong Girl Scouts of Southwest Texas.

The issue also features topics including: • Sharing your family’s narrative with future generations; • Tapping into your retirement accounts when you retire; • Finding the right level of risk for your investment strategy; and • Baby boomers taking their shows on the road.

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VESTED SYMPOSIUM CAPTRUST hosted the VESTED symposium last fall at the North Carolina Museum of Art. The wealth prospect event, emceed by CAPTRUST’s Teri Grubb, welcomed special guests Joshua Becker and Major General Angie Salinas (Retired). A handful of CAPTRUST wealth advisors attended the event to mingle with prospective clients.

Guests, who had been unfamiliar with CAPTRUST prior to the event, perused the museum’s esteemed Phillips Collection and enjoyed delicious food and drink.

Special Guest Speaker: General Angie Salinas Major General U.S. Marine Corps (Retired) Angie Salinas served for 39 years before joining Girl Scouts of Southwest Texas as the chief executive officer in 2015. She made history as the first Latina officer selected and promoted to the general officer ranks in the Marine Corps, and her story is one worth hearing.

Keynote Speaker: Joshua Becker Author Joshua Becker is dedicated to helping others discover what it means to live a meaningful life, to pursue purpose, and to identify distractions that keep us from living with intent. His latest book, Things That Matter, provides practical insight that helps others learn how to pursue lives with minimal regrets.

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BOARD OF DIRECTORS J. Fielding Miller CEO and Co-Founder, CAPTRUST As chairman of the board, Fielding sets the course for the company, leads the firm’s corporate strategy, and ensures that CAPTRUST remains competitively positioned to serve clients’ needs in an increasingly complex market environment.

Ben Goldstein, CPA President, CAPTRUST As president, Ben brings to the board insight on CAPTRUST’s critical functions, including finance, legal, compliance, human resources, administration, application development, and information technology. He is also extensively involved in the firm’s merger and acquisition activities and is a member of the CAPTRUST Leadership Team.

Michael S. Hollander Managing Director, GTCR Mike has two decades of industry experience and a deep understanding of acquisitions and organic growth. He has served on several boards, including the Advisory Board at Empirical Finance LLC, The Townsend Group, and the Ann and Robert H. Lurie Children’s Hospital of Chicago, to name just a few.

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The CAPTRUST board of directors includes prominent business professionals and visionary leaders. This well-rounded group has expertise across industries from financial services to professional sports.

Dasha Smith

Wilson S. Hoyle III

Executive Vice President and Chief Administrative Officer, National Football League

Managing Director and Head of the Advisor Group, CAPTRUST As a former advisor, Wilson brings to the CAPTRUST board of directors more than 25 years’ experience in the financial services industry and a wealth of knowledge in provider relations, marketing, and recruiting and acquisition efforts.

Dasha brings to the CAPTRUST board of directors significant professional expertise, with a deep understanding of human resources, diversity and inclusion, information technology, social responsibility, recruiting and acquisition best practices, and administration.

Christina Markell-Balleza, JD

Rob Solomon

Managing Director, General Counsel, CAPTRUST

Founder and Chief Strategist, Bulldog Solutions

Christina’s experience includes representing investment advisors with respect to organizational matters, registration, securities and regulatory issues, compliance, fund formation, and investor negotiations.

She brings a combined 15 years’ experience serving on various boards to CAPTRUST.

Rob has extensive experience in launching, growing, and operating businesses in today’s modern marketing ecosystem. He brings to CAPTRUST more than 25 years of industry experience in helping companies rethink their marketing investments to grow sales pipelines and revenue.

Collin E. Roche

Mark S. Wilson

Managing Director, GTCR

Past Chairman, Kimley-Horn

Collin brings to the CAPTRUST board of directors more than 25 years of industry experience, with a focus on fact-based, analytical leadership and investment discipline, and with a specialization in transforming businesses and recruiting and acquisition best practices.

Mark is chairman emeritus of KimleyHorn, a 3,100-person engineering design, planning, and environmental consulting firm. He brings significant professional expertise in running a large corporation, with a deep understanding of the operational, administrative, and business challenges faced by national firms.

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