Captrust

$3 Billion Hoge-Barrett Team Leaves Truist for Captrust, Extending a Run of Billion-Dollar Exits

Truist Financial has lost a 13-person wealth management team managing over $3 billion in client assets to Captrust Financial Advisors. This departure marks the third billion-dollar practice to leave Truist's brokerage arm since July, raising questions about advisor retention and its impact on the bank's wealth division.