Captrust Taps Wunderli for M&A Strategy to Spur Growth
Company - People | Jun 04, 2025 | EIN
Captrust Financial Advisors has appointed Mike Wunderli as the head of mergers and acquisitions. His previous experience at Echelon Partners positions him to spearhead Captrust’s inorganic growth strategy, focusing on acquiring firms that align with Captrust’s client-centric and fiduciary-focused model. His appointment reflects Captrust's commitment to strategic growth amidst a consolidating wealth management industry. Captrust, already a prominent player with over $1 trillion in assets under management, has recently acquired several firms including Boston Financial Management and expanded its national reach by entering markets like Charlotte. Captrust offers a suite of services tailored for various institutional and personal investment needs.
Sectors
- Wealth Management
- Investment Banking
Geography
- United States – The article focuses on Captrust, a company based in North Carolina with operations expanding across various states including Virginia, Minnesota, and Massachusetts, highlighting its expansion strategy nationwide.
Industry
- Wealth Management – The appointment and strategy focus on expanding Captrust's reach and capabilities in managing wealth and financial advisory services.
- Investment Banking – Mike Wunderli's experience in investment banking and M&A highlights the industry's importance in the finance sector’s strategic growth.
Financials
- $1 trillion – Captrust's assets under management, showcasing its scale and market position.
- $5 billion – Assets under management by Boston Financial Management at the time of acquisition by Captrust.
- $2 billion – Combined assets from Campbell Wealth Management and TruNorth Wealth Partners acquisitions.
- $1.4 billion – Assets managed by Carolinas Investment Consulting, acquired by Captrust.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Captrust Financial Advisors | Target Company / Buyer | Company | A major Registered Investment Advisor (RIA) based in Raleigh, North Carolina, focused on wealth management and advisory services. |
| Mike Wunderli | Head of Mergers and Acquisitions | Person | The newly appointed executive at Captrust who brings significant experience from Echelon Partners to lead Captrust's M&A strategy. |
| Echelon Partners | Previous Employer | Company | An investment bank focused on advising wealth and asset management firms, where Wundeli served as a managing director. |
| Boston Financial Management | Acquired Company | Company | A $5 billion firm recently acquired by Captrust to expand its footprint in New England. |
| Campbell Wealth Management and TruNorth Wealth Partners | Acquired Companies | Company | Companies combined with $2 billion in assets, acquired by Captrust in December to enhance its presence in Virginia and Minnesota. |
| Carolinas Investment Consulting | Acquired Company | Company | A firm with $1.4 billion in assets, acquired by Captrust to enter the Charlotte market. |