CAPTRUST Continues National Expansion

RALEIGH, N.C., June 7 /PRNewswire/ -- CAPTRUST Financial Advisors today announced the opening of its new Dallas office and the hiring of notable retirement plan advisor and Texas native, John A. Pickett, as Senior Vice President, along with two of his associates, Jack Pratt as Financial Advisor and Roberta Kayatta as Client Coordinator Associate.

CAPTRUST's progressive growth accents the firm's 2009 success in attracting the industry's top financial advisors in key areas where middle market companies are heavily concentrated. The firm added ten advisors in 2009 and opened offices in Ohio and California. The firm aims to continue this trend in 2010 with the addition of the Dallas team and the recent hires of Dan DiGiacomo, in Orlando, Fla.; Christopher Kulick in Philadelphia, Penn.; and Greg Diagonale in Raleigh, N.C.

John Pickett joins CAPTRUST following a successful career with RBC Wealth Management's Institutional Consulting Group. At RBC, Pickett created a revered advisory practice, representing $8.5 billion in assets under management, with many of his client relationships spanning 25 years or more. Highly regarded as the consummate educator, Pickett is a frequent speaker at industry conferences and educational symposiums, including TEXPERS, the Investment Management Institute, and Institutional Investors. Presently, Pickett sits on the prestigious Institutional Retirement Income Council. In 2007, Pickett was recognized by PLANSPONSOR Magazine as one of the year's Most Successful Advisors.

"This was a very big decision for me," said Pickett. "But, given the dramatic changes occurring throughout our industry, I believe specialty firms like CAPTRUST, having reached a certain level of scale and resources, are better positioned to provide clients with strong and clear guidance amidst a dynamic environment."

4208 Six Forks Road, Suite 1700

Raleigh, NC 27609

"We believe advisory firms are only as strong as the people who create the advice," added J. Fielding Miller, co-founder and CEO of CAPTRUST Financial Advisors. "The success of our firm and the service we provide our clients rest with our ability to attract and retain the industry's best. We are thrilled with the latest additions to our team … CAPTRUST got better today!"

About CAPTRUST Financial Advisors

CAPTRUST Financial Advisors is an independent investment research and advisory firm specializing in providing retirement plan and investment advisory services to plan fiduciaries, executives, and high net-worth private investors. Headquartered in Raleigh, N.C., the firm represents $33 billion in client assets with offices in Alabama, California, Florida, Georgia, North Carolina, Maine, Massachusetts, Mississippi, Ohio, Pennsylvania, Texas, Virginia, and Washington, DC. To learn more, visit www.captrustadvisors.com.

SOURCE CAPTRUST Financial Advisors