Captrust Adds Pittsburgh Office with the Acquisition of PWA Wealth Management.
MANews-(C)2009-2021
US-based investment advisor Captrust Financial Advisors has acquired US-based PWA Wealth Management, the firm said.
The Pittsburgh-based team is led by Founder and CEO Joe Scarpo and brings 15 employees, including seven financial advisors, to Captrust.
PWA was founded in 2003 and advises on more than USD 800m in assets for individuals, small business owners, and institutional clients.
The firm provides wealth management and financial planning services out of its offices in Pittsburgh and Greensburg, PA.
The addition of PWA marks Captrust's first office in Western Pennsylvania.
Since 2006, a total of 45 firms have joined Captrust and PWA was the seventh firm that joined Captrust in 2020.
As with all firms that join Captrust, PWA Wealth Management will transition to the Captrust name and branding.
Founded in 1997 in Raleigh...
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