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Robert Powell, III// July 25, 2018//
Roanoke-based Catawba Capital Management has joined Raleigh, N.C.-based CAPTRUST Financial Advisors (CAPTRUST), an independent wealth management and institutional investment advisory firm.
Catawba brings more than $1 billion in client assets to CAPTRUST and will assume the company’s brand as part of the merger.
Founded in 1992 and led by partners Terence Crowgey and R. Jay Irons, Catawba’s 10-member team specializes in investment management for individuals, businesses, and institutions in 21 states.
The merger marks the 29th deal completed since 2006 for CAPTRUST and the firm’s fourth Virginia office.
CAPTRUST now has 153 advisors in 36 locations, advising clients on more than $278 billion in assets.
