CAPTRUST Acquires Compass Advisors and Long Island Wealth
CAPTRUST Financial Advisors (“CAPTRUST”) announced on September 23, 2026, its acquisition of Compass Advisors (“Compass”) and Long Island Wealth Management (“LIWM”). Under the terms of the transaction, Compass and LIWM will adopt the CAPTRUST brand. Further terms of the deal were not disclosed.
CAPTRUST, based in Raleigh, North Carolina, is an independent registered investment advisor providing investment management, financial planning, estate planning, and tax advisory and compliance services to individuals and families. As of September 24, 2026, CAPTRUST had approximately $1.2 trillion in assets under management.
Compass, based in Melville, New York, is a registered investment advisor providing investment management, retirement planning, estate protection, tax, insurance solutions, and education funding services. LIWM, also based in Melville, New York, is a registered investment advisor providing financial planning, asset management, estate and charitable planning, and tax planning services. Compass and LIWM have approximately $1.2 billion in combined client assets. Hue Partners served as financial advisor to Compass and LIWM on the transaction.
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