CAPTRUST M&A Head Benton Leaving Firm

Rush Benton, who worked on more than 40 wealth management-focused deals, will be leaving to start his own business.

Rush Benton, managing director and acquisitions lead at CAPTRUST, will be leaving the firm this summer to start his own business, according to a spokesperson.  

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Benton had been at the firm since 2013, where he led wealth management M&A amid a period of rapid growth for the registered investment advisory. The firm is in the process of looking for a replacement, the spokesperson said.

 

Rush Benton

“I am proud of the more than 40 wealth management-focused firms that I have been a part of adding to CAPTRUST,” Benton said in a statement. “They represent some of the most respected names in the industry and have helped to transform CAPTRUST into one of the largest wealth management registered investment advisors in the country.” 

 
Benton said he will be leaving to open his own business. He also thanked Chairman and CEO J. Fielding Miller and the rest of the CAPTRUST team.

“We are thankful to Rush for his more than 11 years at CAPTRUST, during which he has been the primary face of our wealth management M&A Strategy,” Miller said in a statement. “Our deal team is and has been comprised of some of the top professionals in the industry, and we remain committed to our inorganic growth strategy to add the highest-quality firms and advisers from around the country to our family. While Rush is moving on from CAPTRUST, we thank him for his dedication and wish him well in his next endeavor.”

Citywire first reported the news of Benton leaving.

Before joining CAPTRUST in Raleigh, North Carolina, Benton was managing partner at his own firm, and prior to that founder and CEO of WealthTrust, a holding company of wealth management firms.

CAPTRUST has penned over 70 deals in wealth management and retirement plan advisement since 2006 and has more than $25 billion in assets under management and $780 billion in assets under advisement. 

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