Announced
Completed
Synopsis
CAPTRUST Financial Advisors, an investment management company, completed the acquisition of Genovese Burford & Brothers, an independent wealth and retirement plan management firm. Financial terms were not disclosed. “I co-founded GBB more than 30 years ago on the premise that a collaborative team continuously building their knowledge could better serve clients’ interests than any one individual. Joining CAPTRUST is the continuation of this vision as we plug into a network of more than 800 new colleagues and a wealth of centralized resources. The scale that CAPTRUST has achieved, which allows us to leverage everything from technology and trading to compliance and marketing, is truly unmatched in the industry," Mike Genovese, Genovese Burford & Brothers Co-Founder.
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