CAPTRUST Financial Advisors announced Feb. 16 that Cammack Retirement Group has joined the firm.
With $154 billion in assets under advisement (AUA), the addition of Cammack Retirement elevates CAPTRUST’s AUA to more than $600 billion, as well as adding a location in New York, according to the announcement.
The New York City and Wellesley, MA-based firm, which also has an office in Lexington, KY, brings 38 new colleagues to CAPTRUST. Leaders Jeff Levy, Mike Volo, Emily Wrightson, Mike Sanders, and Earle Allen will all join CAPTRUST as principals.
“Cammack Retirement Group and CAPTRUST are two of the largest firms in the institutional retirement space, with Cammack Retirement serving over 170 plan sponsors, which represents nearly 1.3 million participants,” said Rick Shoff, CAPTRUST managing director, advisor group. “Bringing together our resources and deep expertise makes our offering unmatched in the industry.”
“Becoming a part of CAPTRUST will help us to achieve two of our long-term goals: to expand our geographical footprint and add new lines of business and services for our existing clients,” said Levy. “This exciting next chapter for Cammack Retirement will allow us the opportunity to grow, take on new challenges, and expand career opportunities for our employees.”
Cammack Retirement Group is the 47th firm that has joined CAPTRUST since 2006 and will take on the CAPTRUST brand moving forward.
