With the help of Wilmington Trust, Fielding Miller and his team at CapTrust are launching their own collective funds. CapTrust bought Freedom One Financial Group last year and is essentially converting the money in their plans from risked-based asset allocation managed accounts to collective trusts (CIT’s).
The five collective funds started with about $800 million in assets in total, with a price tag of about 30 basis points for the participants.
