CapTrust Financial Advisors Acquires Frontier Wealth Management.
MANews-(C)2009-2022
North Carolina, US-based registered investment advisor CapTrust Financial Advisors has acquired Missouri, US-based wealth management solutions provider Frontier Wealth Management, the company said.
Headquartered in Kansas City, Missouri, Frontier brings an extensive Midwest footprint, with additional locations in St. Louis, Missouri; Wichita, Kansas; Omaha, Nebraska; and Denver, Colorado.
Frontier offers a range of financial planning, investment, insurance, and other wealth management solutions to individuals, families, executives, and professionals, as well as advisory services to corporate retirement plans.
Frontier is led by Partner and CEO Nick Blasi and adds more than USD 4bn in new client assets, five locations, and 46 new colleagues to CapTrust.
This deal will mark the first for CapTrust to close in 2022 and the 57th firm overall to join since 2006.
The deal is expected to close in 3Q22 and, consistent with previous firms, Frontier will transition to the CapTrust brand after the close.
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