Captrust Acquires Raleigh Advisory Team, $300M in Assets
Clients of the acquired firm will transition to the Captrust platform as part of the local expansion.
Updated on Oct. 21, 2026 in Financial Planning
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Captrust has acquired a Raleigh-based advisor team managing over $300 million in client assets. Advisors Clark Abbott and Robert Hartinger, who previously operated RHA Wealth, have joined the firm's Raleigh headquarters along with three colleagues.
Why it matters
This acquisition represents the latest expansion for the firm as it continues to consolidate advisor teams and client assets within its Raleigh base. For the more than 190 clients moving to the new brand, the transition changes the institutional support and internal resources available to them.
The acquired practice manages $300 million in client assets across 190 accounts. This move is one of nine deals completed by the firm in 2026, contributing to a total of 590 employees across North Carolina.
The players
Captrust
An advisory firm that manages client assets and provides financial planning services to households.
Clark Abbott
A financial advisor who joined the Captrust headquarters team after the acquisition of his practice.
Robert Hartinger
A financial advisor who joined the Captrust headquarters team after the acquisition of his practice.
The details
Advisors Clark Abbott and Robert Hartinger, formerly of RHA Wealth, have fully integrated into the Captrust headquarters by adopting the firm's brand. Their move brings the headcount at the local office to 470 employees. The integration process typically involves shifting client portfolios onto the acquiring firm's internal infrastructure and service platforms.
Timeline
2021: RHA Wealth was co-founded by Abbott and Hartinger.
September 2026: Captrust acquired Compass Advisors and Long Island Wealth Management.
October 2026: Captrust recruited the Hoge-Barrett Group.
Money Landscape
This deal marks the ninth acquisition for the firm in 2026, signaling a sustained period of consolidation within the regional advisory market. The strategy remains consistent with the firm's recent trajectory of absorbing smaller independent wealth management practices.
Clients affected by this transition should verify if their account fee structure or service access will change under the new brand. Schedule a meeting with your primary advisor to confirm how this institutional shift impacts your current financial plan.
The takeaway
Large firm acquisitions can lead to changes in account management and available tools for individual investors. When your advisor firm is acquired, request a meeting to review your updated service agreements and confirm your portfolio remains aligned with your long-term goals.
Further reading
For more on managing transitions during firm changes, visit Financial Planning.
Source note: This article includes information reported by FA Magazine.
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