CAPTRUST HAPPENINGS

GIVING BACK

The CAPTRUST Community Foundation announced its annual Charity of Choice and National Grant recipients, and CAPTRUST colleagues got creative by extending the firm’s philanthropic reach in response to COVID-19.

Charity of Choice and National Grants

Each year, the CAPTRUST Community Foundation (CCF) selects a Charity of Choice and three organizations to receive gifts from its National Grant program. The chosen 501(c)(3) organizations’ core missions must align with the CCF’s mission to enrich the lives of children in communities we serve.

This year, the CCF selected TeamSmile as our 2020 Charity of Choice. This nonprofit organization partners oral health professionals with professional athletic organizations to provide underserved children with a life-changing dental experience in which the excitement and allure of sports reinforce the value of a lifelong commitment to dental health care.

Additionally, each year, CAPTRUST collects applications from charitable organizations throughout the country that support our mission. Each qualified applicant goes through a strenuous vetting process, and, if selected, receives one of three $25,000 grants. CCF is pleased to announce this year’s National Grant recipients: Note in the Pocket, Parkland C.A.R.E.S. Food Pantry, and Respite Care of San Antonio.

The Challenge Campaign CAPTRUST launched its Challenge Campaign in April to raise $100,000 to help those severely impacted by the COVID-19 pandemic. By May, the campaign had garnered more than $144,926 in contributions. Funds collected are providing much-needed meals for children and families, support for essential employees struggling to find childcare, resources for distance learning, and more. Small Grants In March, CAPTRUST doubled the firm’s employee-recommended Small Grant program to $2,000 for organizations impacted by COVID-19. Through the end of May, the CCF had provided small grants to 69 organizations, distributing more than $142,000 for personal protective equipment for healthcare workers and help for those experiencing shortages of food, clothing, and personal hygiene supplies. Cyber-Drives Colleagues put their best virtual foot forward to help those waiting in long lines or struggling to feed themselves and their families as a result of the pandemic. CAPTRUST offices in Texas, North Carolina, New York, Michigan, and Florida arranged virtual food and clothing drives to help boost support for the members of our community who have been impacted by the coronavirus pandemic. Fourth Annual Fun Run During CAPTRUST’s annual Advisor Kickoff in late January, the firm hosted its fourth Fun Run and Walk and donated 5 cents per step taken on the 2.2-mile course. More than 65 advisors and colleagues participated, raising more than $33,000 for the CCF and causes supporting the needs of children in communities we serve.

(Top) CAPTRUST’s fourth annual Fun Run (Bottom) CAPTRUST’s Vicki Collins poses with activategood.org-inspired comfort cards she created for older adults with disabilities in Raleigh communities.

CAPTRUST GROWTH

Over the past several months, CAPTRUST has added five notable hires and three financial advisors to its ranks and opened four new regional offices.

Montgomery, AL

Marc Casiano CAPTRUST welcomed a new manager to the Wealth Client Service team in April. Casiano is charged with leading a team of client service representatives responsible for supporting the firm’s wealth management clients. Prior to joining the firm, he was a branch manager for TD Ameritrade. He earned his Bachelor of Science degree in accounting and finance from the University of Central Florida.

Kathleen Hopkins The firm welcomed Hopkins to CAPTRUST in April. She is charged with leading trade, national, and local media relationships, and overseeing client, business development, and marketing communications. Previously, Hopkins served as a senior vice president at FiComm Partners. She earned her Bachelor of Science degree in public relations from the S.I. Newhouse School of Public Communications at Syracuse University.

Laurie Lange In March, Lange transitioned to a senior manager position leading the firm’s onboarding and integration of acquired advisor practices. Lange originally joined CAPTRUST in 2018 from FCE Group, where she served as a member of the advisory team, helping clients with their financial planning and investment needs.

Andrew Raggio Raggio joined CAPTRUST in 2020 as a senior manager, centralized trading. As part of the Business Operations Group, he is responsible for coordinating trade execution to fulfill client investment strategies. Prior to joining the firm, he was a manager with Securities Compliance Management.

Phyllis Tuttle Tuttle joined CAPTRUST from DMJ Wealth Advisors in January. As a wealth client service manager with the firm’s Client Solutions Group, she is charged with monitoring service metrics and standards and advancing the overall client experience. Tuttle earned a Bachelor of Science degree in accounting and a Master of Business Administration degree from Wake Forest University’s School of Business. Birmingham and Montgomery, Alabama In March, Welch Hornsby joined the firm. The Montgomery and Birmingham, Alabama, based investment advisory practice brings more than $5.5 billion of client assets under advisement to CAPTRUST, along with 13 financial advisors and research professionals as well as 12 operational staff. Founded in 1988 by Edward V. Welch Jr., the Welch Hornsby team offers investment advisory services focused on the needs of high-net-worth individuals and families, endowments, foundations, corporate and municipal retirement plans, and other institutional clients.

Wilmington, North Carolina Fountain Financial Associates, a Wilmington, North Carolina, based wealth management practice, joined the firm in February, bringing more than $650 million in client assets under advisement to CAPTRUST. Established in 1998 by Vinton Fountain, Fountain Financial Associates is one of Wilmington’s oldest and largest independent financial planning and investment management firms.

Lakeside Chesterton, Indiana, based Lakeside Wealth Management joined CAPTRUST in May, bringing $1.6 billion in assets under advisement and 27 employees to the firm. Lakeside specializes in retirement plan design, investment management, and participant education for institutions and comprehensive financial planning for wealth management clients. Founded in 2002 by Chief Executive Officer Mark Chamberlain, the firm was also led by President Tim Rice and senior leaders Chip Mang and Timothy VerSchure, all of whom joined CAPTRUST as principals.

CAPTRUST GROWTH

Andrew Costello, CFP® Costello joined CAPTRUST’s San Ramon, California, office in March from Illumination Wealth. As a financial advisor, he is charged with supporting wealth management clients with financial planning and portfolio management. He received his Bachelor of Science degree in marketing from Azusa Pacific University. Will Chitwood In January, Chitwood was promoted to vice president, financial advisor, responsible for providing investment and fiduciary advisory services to retirement plan sponsors and endowments and foundations. Chitwood earned his Bachelor of Science degree in finance from the Pamplin College of Business at Virginia Tech. He is based in the firm’s Raleigh headquarters. Tyler Pugh Pugh joined CAPTRUST in March as a financial advisor specializing in providing comprehensive wealth management services to high-net-worth individuals and families. Pugh received a Bachelor of Science degree in business administration from the University of Richmond, Robins School of Business. He is based in CAPTRUST’s Roanoke, Virginia, location.

PROMOTIONS

Ben Goldstein

Goldstein, with more than a decade of tenure at CAPTRUST, has been promoted to president and charged with overseeing critical functions of the firm.

Prior to this role, Goldstein served as

CAPTRUST’s chief operating officer and head of business operations.

Jennifer Doss

Leissner was promoted to senior director, head of institutional client services and operations this past March. As a leader in this team, Leissner oversees client service and operations for

CAPTRUST’s retirement plan and endowment and foundation clients.

Women’s Initiative Meeting In February, CAPTRUST hosted a Women’s Initiative meeting at the Crabtree Marriott in Raleigh, North Carolina. Financial Advisors Beryl Ball, Jean Duffy, Heather Darcy, Erica Blomgren, and Abigail Russell spoke with Triangle Business Journal Senior Staff Writer Lauren Ohnesorge at the event. The initiative was founded by CAPTRUST in 2017 to help support and increase the number of female advisors at the firm. The company has a large number of women at all ranks, and CAPTRUST leads industry peers with women making up 27 percent of its advisor team. John Leissner

The firm promoted Doss in March to the position of director, defined contribution practice leader, responsible for leading the development of defined contribution services to address the needs of

CAPTRUST’s retirement plan clients. She has been with the firm since 2007.

Michael Vogelzang CAPTRUST announced in March that Vogelzang now serves as the firm’s chief investment strategist, working in the Investment Group. Vogelzang oversees the firm’s management of individual securities portfolios. Prior to joining the firm in 2019, Vogelzang was president and chief investment officer of Boston Advisors.

CAPTRUST RECOGNITION

Barron’s Honors 11 Advisor Teams We are pleased to announce that 11 CAPTRUST advisor teams have been named among Barron’s 2020 Top 50 Institutional Consultants. This is the publication’s sixth annual institutional consultant ranking, which recognizes the nation’s top teams specializing in investment consulting for defined contribution and defined benefit plans, endowments, and foundations. The CAPTRUST teams and their lead advisors ranked as follows: #11 – Team Schott, led by Stephen Schott, Hollywood #14 – Team Esch, led by Dan Esch, Minneapolis #16 – Team Dallas, led by John Pickett and Travis Whitten, Dallas #18 – Team Allentown, led by Jim Edwards, Jeff Loehwing, and Wes Schantz, Allentown #21 – Team Schmitt, led by Barry Schmitt, Richmond #23 – Team Stanicek, led by Jason Stanicek, Raleigh #24 – Team Strickland, led by Jon Strickland, Raleigh #25 – Team Atlanta Perimeter, led by Philly Jones, Evan Melcher, and Zack Sadler, Alpharetta #39 – Team Eskamani, led by Shaun Eskamani, Raleigh #41 – Team Strodel, led by Jim Strodel, Charlotte #49 – Team Wilt, led by Steve Wilt, Akron Excellence Award The Excellence Award is a way for CAPTRUST associates to recognize coworkers who consistently perform at the highest levels and exemplify the firm’s culture. Award winners represent an elite group whose attitudes and performance positively impact CAPTRUST’s clients and the firm more broadly.

The following excellence award winners were recognized at the firm’s April Synergy meeting:

Jacob Munster

Data Analyst, Business Operations Group

Tiffany Larew

Manager, Employee Relations

Denise Collins

Administrative Associate, Corporate Services

NEW SHAREHOLDER PARTNERS

In January, CAPTRUST recognized two advisor colleagues who have made invaluable contributions to the organization, its clients, and the communities we work in, by naming them as the firm’s newest financial advisor shareholder partners.

Travis Whitten, CFP® Whitten joined CAPTRUST in 2011 and serves as a senior vice president and financial advisor charged with providing retirement plan advisory services to corporate fiduciaries. During his time at CAPTRUST, he has received several accolades. Most recently, as part of our Dallas team, Whitten took the no. 16 spot on Barron’s 2020 Top 50 Institutional Consulting Teams.

Drew McCorkle McCorkle joined CAPTRUST in 2014 as a senior vice president and financial advisor. He is responsible for providing retirement plan advisory and fiduciary consulting services to corporate fiduciaries. Author of CAPTRUST’s quarterly Fiduciary Update, McCorkle has worked in the industry since 1988. ABJ’s Top RIAs and Financial Planners The Austin Business Journal recently named CAPTRUST the 10th-largest registered investment advisor in the Austin market, as measured by assets under management. In addition, the firm was named the 15th-largest financial planning firm in the market, ranked by the number of CERTIFIED FINANCIAL PLANNER™ professionals in offices in the Austin area.

PLANADVISER Top 100 List This year, CAPTRUST was named to the 2020 PLANADVISER Top 100 Retirement Plan Advisers list. At more than $364 billion in assets under management, CAPTRUST was listened in the section of “Mega Teams With $12 Billion or More in Retirement Plan Assets Under Advisement.” Additionally, CAPTRUST was named to the list segment titled “Mega Teams With More Than 300 Retirement Plans Under Advisement.”

Top DC Honors from NAPA The National Association of Plan Advisors (NAPA) recognized CAPTRUST on two prestigious lists for 2019: Top Defined Contribution (DC) Advisor Teams and Top DC Advisor Multi-Office Firms. The Top DC Advisor Teams online list highlights the nation’s leading retirement plan advisory teams. This year’s list includes 25 CAPTRUST teams—earning the firm more spots on the list than any other advisory firm recognized. The Top Defined Contribution Advisor Multi-Office Firms list places CAPTRUST at no. two.

We know that investors are looking for experienced and trusted advisors who can provide wealth management services that are focused on their unique circumstances and tailored to their goals.

In more than 30 years of acting as a fiduciary to some of the country’s biggest retirement plans, we have gained valuable insights that we can apply to your wealth planning and investment challenges.

Julia Gavrilov, CFA®

Vice President, Financial Advisor Austin, TX

Michelle Scarver, CPA

Vice President, Financial Advisor San Antonio, TX

David W. Mize, CFP®

Vice President, Financial Advisor Dallas, TX