South Texas Money Management to Join CAPTRUST

August 30, 2019

On August 22, 2019, South Texas Money Management announced that it had entered into an agreement to join CAPTRUST Financial Advisors.

Under the terms of the agreement, South Texas Money Management, Ltd. (“South Texas”) will join CAPTRUST Financial Advisors (“CAPTRUST”). Terms of the deal were not disclosed.

South Texas, headquartered in San Antonio, provides financial advisory services to individuals, retirement plans, trusts and charitable foundations across a variety of asset classes. It manages $3.7 billion in client assets. South Texas was advised in the transaction by Park Sutton Advisors, LLC.

CAPTRUST, headquartered in Raleigh, North Carolina, is an investment advisory firm that provides investment advisory services to endowments, foundations and retirement plan fiduciaries, as well as wealth planning services to executives and high-net-worth individuals. It represents over $340 billion in client assets.

To read the press release: please click here.


Investment Manager M&A, Transactions