CAPTRUST HAPPENINGS

GIVING BACK

This spring, the CAPTRUST Community Foundation (CCF) announced its annual Charity of Choice and National and Small Grant recipients and broke a fundraising record with the help of the Dallas Magnolias.

Charity of Choice and National Grants

Each year, the CCF selects a Charity of Choice and five 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. The CCF collects applications from charitable organizations throughout the country, and each qualified applicant goes through a strenuous vetting process.

This year, the CCF selected Note in the Pocket, a nonprofit organization empowering impoverished and homeless schoolchildren in Wake County, North Carolina, as its 2021 Charity of Choice. By clothing children with dignity and love, Note in the Pocket is an ally for young people who would otherwise be limited in their educational and social developments because they do not have appropriate clothes for school.

Additionally, the CCF is pleased to announce this year’s National Grant recipients: Sleep in Heavenly Peace, an organization building and delivering beds to children who don't have beds to sleep in, as well as AMIkids Tampa and Durham Children's Initiative for the valuable services each provides for at-risk youth. Also among those honored with a National Grant were two nonprofits geared toward helping families, youth, and children experiencing homelessness—Families Together and Rainbow Village.

Earlier this year, CAPTRUST Clarkston teamed up with the United Way and Lighthouse of Oakland County to put together 45 early education learning kits for kids in need.

Small Grants From January to May, the CCF distributed $282,500 in Small Grants. These included 10 Crisis Grants for organizations in Texas needing relief after February’s winter storm plunged large swaths of the state into freezing temperatures, overwhelming the state’s electricity infrastructure and causing power outages.

Battling Childhood Cancer This spring, CAPTRUST’s John Pickett worked with the Dallas Magnolias to purchase and distribute more than 1,500 sub sandwiches in support of the 12th annual Jersey Mike’s Day of Giving campaign. The Help Wipe Out Kids’ Cancer (WOKC) campaign raised a record-breaking $745,250 in donations.

(Left to right) Hoyt Jones, president of Jersey Mike’s; Cindy Brinker Simmons, founder of WOKC; John Pickett, CAPTRUST Dallas; Regina Bruce, founding board member of Dallas Magnolias; Aashik Khakoo, CEO of WOKC; Mary Dowling, advisory board member of WOKC. Photo by Danny Campbell.

CAPTRUST GROWTH

Over the past several months, CAPTRUST added a number of new colleagues to its ranks and opened nine regional offices.

Pittsburgh and Greensburg, Pennsylvania Independent wealth management firm PWA Wealth Management became part of CAPTRUST in January. The Pittsburgh-area team is led by Founder and CEO Joe Scarpo, and it brings 15 employees, including seven financial advisors, to CAPTRUST. Founded in 2003, the PWA team manages more than $800 million in assets for individuals, small business owners, and institutional clients.

New York City; Wellesley, Massachusetts; and Lexington, Kentucky CAPTRUST welcomed Cammack Retirement Group, a leading national, independent retirement plan consulting and investment advisory firm, to its ranks in February. Led by Earle Allen, Jeff Levy, Mike Sanders, Mike Volo, and Emily Wrightson, the Cammack Retirement team brings 38 new colleagues, three new locations, and $154 billion in assets under advisement to CAPTRUST. Folsom, California Pacific Investment Consultants (PIC), a Folsom, California-based wealth management practice, joined the firm in April, bringing more than $700 million in client assets under management to CAPTRUST. The team provides wealth management and retirement planning to roughly 600 clients and is led by financial advisors Bill Altavilla, Debbie Hightower, Scott Gordon, Ryan Jantzen, and Christeen Reeg. The PIC team, including four additional team members, joined CAPTRUST.

Sacramento, California Sacramento, California-based Genovese Burford & Brothers Wealth and Retirement Plan Management (GBB) joined CAPTRUST in February. Founded in 1987 by Mike Genovese and Lon Burford to provide conflict-free financial advice to individuals and retirement plan sponsors, the team oversees $3.13 billion in assets for nearly 1,500 clients. In addition to Genovese and Burford, GBB is led by Alex Brown and Kelly Brothers. The firm brings 36 new colleagues, including 17 financial advisors, to CAPTRUST. Peachtree City and Stockbridge, Georgia Stewardship Financial Advisors joined CAPTRUST in June, bringing more than $873 million in client assets under management to the firm. The Georgia-based firm specializes in estate planning, asset and risk management, tax planning, retirement planning, and investment services. Stewardship is led by Charles B. Pyke Jr., and it brings 10 advisors and staff to CAPTRUST. Through the addition of Stewardship, CAPTRUST will also have access to its sister estate planning law firm, Pyke & Associates.

CAPTRUST GROWTH

NEW COLLEAGUES

David Amurao David Amurao joined the Phoenix, Arizona, CAPTRUST office in February as a manager, tax, charged with establishing and providing procedures and technology advancements for the firm’s tax department. Amurao was previously a senior tax manager at Andersen Tax. He earned his Bachelor of Science degree from the University of California, Los Angeles.

Larry Elliott CAPTRUST welcomed Larry Elliott to its Atlanta office in May as a manager II, institutional client service. He is responsible for helping retirement plan sponsors manage risk, reduce expenses, and analyze and select investments. Prior to CAPTRUST, Elliott served as a director of participant education for SunTrust Bank. He earned his Bachelor of Science degree from the University of Florida.

NEW ADVISORS

Sue Anderson Sue Anderson joined CAPTRUST in Vienna, Virginia, from Wells Fargo. As a vice president and institutional financial advisor, she is responsible for providing investment and fiduciary advisory services to retirement plan sponsors, endowments, and foundations. Anderson earned her Bachelor of Science degree from Boston University. Miranda Stefan The firm welcomed Miranda Stefan to its Boston, Massachusetts, location in April. She is a financial advisor specializing in providing comprehensive wealth management services to highnet-worth investors and corporate executives. Prior to CAPTRUST, Stefan was a client growth manager with GreenSky. She earned her Bachelor of Science degree from Wheaton College.

Seth Stephen Seth Stephen joined our San Antonio, Texas, office in March. As a vice president, financial advisor, he provides financial planning and analysis and investment advice to high-net-worth individuals and families, businesses, and nonprofit organizations. Previously, Stephen was a financial advisor with Capital Investment Companies. He earned his Bachelor of Arts degree from Hampden-Sydney College.

Molly Thompson In March, the Doylestown, Pennsylvania, office welcomed senior financial advisor Molly Thompson. As an institutional advisor, she is responsible for providing retirement plan advisory services to corporate fiduciaries. Previously, she was a senior vice president and head of institutional client service for Macquarie Group. Thompson earned her Bachelor of Arts degree from Villanova University.

Liz Ulrichson Our Des Moines, Iowa, office welcomed Liz Ulrichson, an institutional advisor responsible for providing retirement plan advisory services to corporate fiduciaries, in January. Prior to CAPTRUST, Ulrichson was an associate financial advisor with Keeling Wealth Advisors. She earned her Bachelor of Science degree from Iowa State University.

CAPTRUST RECOGNITION

Eddie Welch

In March, CAPTRUST announced the promotion of Eddie Welch to managing principal for the firm’s Wealth Management Group. Welch joined CAPTRUST in 2020 from Welch Hornsby, an independent, fee-only investment advisory firm he cofounded in 1988, where he served as the firm’s chairman and chief executive officer. In his new role, Welch leads CAPTRUST’s wealth management business line, overseeing financial planning, tax, client service, and operations. Nick DeCenso

The Triangle Business Journal honored CAPTRUST’s Director of Wealth Planning and Investments, Nick DeCenso, with a spot among its 2021 class of 40 Under 40 Award winners. The 40 Under 40 Awards recognize outstanding professionals under the age of 40 for their contributions to their organizations and to the community. The Triangle Business Journal 40 Under 40 virtual awards event will take place on June 24.

CAPTRUST RECOGNITION

Barron’s Honors 17 Advisor Teams Seventeen CAPTRUST advisor teams were named among Barron’s 2021 Top 100 Institutional Consultants. This is the publication’s seventh 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 teams and their lead advisors ranked as follows:

#7 – Team Dallas, led by John Picket and Travis Whitten #8 – Team Schott, led by Stephen Schott #19 – Team Atlanta, led by Philly Jones, Evan Melcher, and Zack Sadler #23 – Team Allentown, led by Jim Edwards, Wes Schantz, and Jeff Loehwing #24 – Team Bailey, led by Eric Bailey #25 – Team Strickland, led by Jon Strickland #29 – Team DiGiacomo, led by Dan DiGiacomo #37 – Team Strodel, led by Jim Strodel #39 – Team Schmitt, led by Barry Schmitt #46 – Team Stanicek, led by Jason Stanicek #47 – Team Doylestown, led by Chris Kulick, Paul Schaffer, and Scott Wertheim #49 – Team Esch, led by Dan Esch #63 – Team Medlin, led by Mark Medlin #72 – Team Pratico, led by Mike Pratico #73 – Team Wilt, led by Steve Wilt #74 – Team Birmingham, led by Paul Owen and Phil Anderson #82 – Team Eskamani, led by Shaun Eskamani Excellence Award

The Excellence Award is a way for CAPTRUST associates to recognize coworkers who 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 May company update meeting:

CAPTRUST’s Beryl Ball, an institutional advisor working in Richmond, Virginia, represented the firm as a proud supporter of the sixth annual William & Mary Women’s Stock Pitch & Leadership Summit in March. Hosted virtually by the Raymond A. Mason School of Business at William & Mary, the summit boasted two full afternoons of leadership development and professional networking with alumni and industry professionals from all areas of business.

Elyse Earwicker

Senior Associate, Vendor Analysis

Laurie Lange

Senior Manager, Integration Lead

WOMEN'S STOCK PITCH AND LEADERSHIP SUMMIT

Top DC Honors from NAPA In March, the National Association of Plan Advisors (NAPA) recognized CAPTRUST on two prestigious lists for 2020: Top Defined Contribution (DC) Advisor Teams and Top DC Advisor Multi-Office Firms based on assets under advisement.

The Top DC Advisor Teams list highlights the nation’s leading retirement plan advisory firms. Not only did this year’s list include more than 26 CAPTRUST teams, but the firm also took first place on the Top DC Advisor Multi-Office Firms list. First Place Eddy Award CAPTRUST’s Blueprint Financial Wellness and Advice Services was recognized earlier this year by Pensions & Investments and honored with a first place Eddy Award for communication excellence in financial wellness. The firm’s Blueprint Financial Wellness and Advice Services provide oneon-one advice for individuals on the phone or in person, a Retirement Blueprint® application, proactive employee outreach via email, and ongoing measurement and reporting. Best Places to Work CAPTRUST ranked #13 among companies with more than 50 employees on InvestmentNews’s annual Best Places to Work list. The annual list of top firms is compiled through online employee and employer surveys.

Power List CAPTRUST CEO Fielding Miller was named to Business North Carolina’s Power List in April. The inaugural list features the state’s most influential leaders covering key industries and is based on interviews with business community officials, research, and reader suggestions.

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.

Joe Scarpo

Principal, Financial Advisor Greensburg, PA