Summary
- CAPTRUST is a leading fee-based financial advisory firm, with more than $1 trillion in total assets under management.
- The firm offers a range of financial services, including wrap-fee programs, portfolio management, and comprehensive financial planning.
- CAPTRUST's fee structure includes tiered wrap fees based on assets under management, with fees up to 2.25% for smaller accounts.
What is CAPTRUST?
CAPTRUST Financial Advisors is a fee-based registered investment advisor (RIA) headquartered in Raleigh, North Carolina. Founded in 1986 by Fielding Miller, it has grown into one of the largest advisory firms in the US. As of December 31, 2025, CAPTRUST reported $1.24 trillion in total client assets, including $320.2 billion managed on a discretionary basis.
CAPTRUST is recognized for its comprehensive financial planning approach and fiduciary commitment. CAPTRUST’s advisory fees typically range from 0.70% to 1.25%, with higher fees possible under some programs.
What does CAPTRUST do?
CAPTRUST offers investment management and comprehensive financial planning, including retirement, estate and business planning. Its advisors provide tailored portfolios through wrap and non-wrap programs, with both discretionary and non-discretionary management.
The breadth of services makes CAPTRUST a stronger fit if you want financial planning alongside ongoing investment management, rather than portfolio management alone.
What are the pros and cons of CAPTRUST?
When evaluating CAPTRUST’s offerings, consider the benefits and potential drawbacks to determine whether its services align with your financial goals.
Pros of CAPTRUST
Here are some pros of CAPTRUST financial services:
- The wrap-fee program is available for high-net-worth investors.
- A comprehensive range of in-house services, including financial and estate planning.
- Strong fiduciary commitment, ensuring advisors act in clients' best interests.
Cons of CAPTRUST
Here are some of the drawbacks of working with CAPTRUST:
- AUM fees are higher than the industry average.
- Investment minimum of $50,000 to open an account
- Investment minimums may be prohibitive for newer investors.
- Vague details on specific investment strategies may require additional inquiry.
What financial services do CAPTRUST offer?
The comprehensive array of CAPTRUST financial services addresses a wide range of client needs.
Its investment management services include both wrap-fee and non-wrap-fee programs. In these programs, they develop personalized investment strategies and manage portfolios that align with clients' financial goals.
In addition to investment management, CAPTRUST offers detailed financial planning services, covering aspects such as business, estate, and retirement planning.
They also provide advisory services for institutional clients, including corporate and retirement plans, ensuring these plans are optimized for performance and regulatory compliance.
CAPTRUST provides participant advisory services to individual investors, supporting effective retirement savings and investment decisions.
What fees does CAPTRUST charge?
CAPTRUST uses a tiered wrap-fee structure that bundles advisory, brokerage, and custodial costs into one fee. Rates can be as high as 2.25% on the first $1 million, falling to 1.75% between $1 million and $5 million and 1.25% above $5 million.
CAPTRUST fee schedule:
Feature | Basic (Automated Investing) | Plus (Automated Investing) |
|---|---|---|
Annual wrap fee | 0.30% | 0.60% |
Minimum annual fee | $15 (for balances under $5,001) | $250 |
Minimum account size | $1,000 | $25,000 |
Access to human advisors | No | Yes |
Portfolio management | Automated only | Automated + advisor support |
Our take: CAPTRUST’s fees, starting at 2.25%, are on the high end compared with many wealth managers. Firms like LPL Financial and Ameriprise generally fall in the 1%–1.5% range, while robo-advisors such as Betterment and Wealthfront charge well under 1%. CAPTRUST’s pricing underscores its positioning as a premium, advisor-driven service rather than a low-cost investing platform.
What is the minimum account size for CAPTRUST Financial Advisors?
CAPTRUST sets relatively high account minimums, which vary depending on the specific wrap-fee program.
Most accounts require at least $50,000 to open, with some strategies requiring closer to $100,000.
- PMA programs require a $50,000 initial minimum investment to open an account.
- SMA wrap accounts typically require $100,000 or higher, depending on the strategy and manager (CAPTRUST wrap-fee brochure).
- There are no minimum amounts published for other advisory or consulting services, so these may be determined individually.
These minimums make CAPTRUST more suitable if you already have a sizable portfolio to invest, rather than if you’re just starting out.
What technology does CAPTRUST use?
CAPTRUST utilizes a varied technology stack to support its financial advisory services and ensure efficient operations.
From systems to complete sophisticated data analysis and reporting needs to software used to create dynamic and responsive user interfaces, the array of technologies enables CAPTRUST advisors to offer a streamlined and effective advisory experience.
Is CAPTRUST secure?
CAPTRUST prioritizes the security of client information through a multi-layered approach.
The firm adheres to stringent industry standards and regulatory requirements to ensure data privacy and protection.
Regular security reviews and updates are conducted to address emerging vulnerabilities and maintain robust protection against security risks, ensuring clients' sensitive information remains secure.
Does CAPTRUST have good customer service?
CAPTRUST is recognized for its strong customer service, characterized by personalized and attentive support.
Clients benefit from dedicated CAPTRUST advisors and customer service teams who provide tailored assistance and respond promptly to inquiries and concerns.
Its commitment to maintaining high-quality service and building strong client relationships underscores its dedication to client satisfaction and effective support.
Get expert financial advice
CAPTRUST stands out as a leading financial advisory firm with a substantial presence in the industry.
It offers a range of services designed to cater to emerging and high-net-worth investors.
Unbiased will match you with a financial advisor for expert financial advice and personalized guidance to help you navigate your financial journey.
Frequently asked questions
Is CAPTRUST a good company?
Yes, CAPTRUST is a top-tier independent registered investment advisor (RIA) with over $1 trillion in assets, widely recognized as one of the best financial advisors for comprehensive, client-focused planning.
What is the minimum amount required to open an account with CAPTRUST?
CAPTRUST’s account minimum to open an account is $50,000, and for some services, $100,000.
How much does CAPTRUST cost?
CAPTRUST’s standard advisory fees range from 0.70% to 1.25%, depending on your balance, while some wrap programs can charge up to 2.25%. Additional fund and custody costs may apply, and fees are negotiable.
Is CAPTRUST a fiduciary?
Yes, CAPTRUST is a registered investment advisor that operates as a fiduciary when providing investment advice to clients.
Is CAPTRUST legit?
Yes. CAPTRUST is a legitimate, SEC-registered investment advisor. This means it operates under federal regulation and must disclose its fees, services and potential conflicts of interest.
How does CAPTRUST compare to Fisher Investments?
CAPTRUST and Fisher Investments are both SEC-registered investment advisors, CAPTRUST may be more suitable if you want broader financial planning and have less than $1 million to invest, while Fisher may suit high-net-worth investors with $1 million or more who want discretionary portfolio management.