Salt Lake City-based Knox Capital Group, has joined independent wealth management firm CAPTRUST family, bringing with it more than USD300 million in client assets.
Led by partners Brodie Barnes and Stanley Kimball, Knox Capital Group was founded in 2003 and offers comprehensive wealth management services for high net worth individuals, business owners, companies, and families. The Knox team also performs sophisticated planning and insurance funding for high-net-worth families and business owners.
One highlight is the team’s focus on business succession and exit planning to help business owners maximise the value of their companies and optimise their estates while planning for future generations. Knox Capital Group is comprised of 12 employees, including six financial advisors, all of whom will remain with the firm under the newly adopted CAPTRUST brand.
“Knox Capital Group was founded on the principals of strength, security, innovation, courage, hard work and integrity,” says Barnes. “CAPTRUST shares these same values and will provide a great home for us. And our team of experienced advisors, including five CPAs, focused on ultra-affluent clients and exit planning, is a perfect fit to round out CAPTRUST’s wealth management offering.”
CAPTRUST offers advisory teams looking for a long-term partner numerous resources that have been proven over time to accelerate growth and add substantial value for clients. CAPTRUST’s institutional business, coupled with wealth management services, offers a decades’ old bedrock of stability to joining entities that is unparalleled in today’s independent financial advisory industry.
“When we look for firms to join our team, a mutual cultural fit is the most important identifier of a strong, long-term partnership,” says CAPTRUST CEO J Fielding Miller. ” Brodie, Stan, and the Knox team are an incredible group that exemplifies client-first service, and we’re honoured that they have chosen to join CAPTRUST.”
This merger is the 28th deal completed since 2006 for CAPTRUST, and the firm’s first Utah office. CAPTRUST now has 151 advisors across 36 locations and advises on more than USD248 billion in client assets.
