CAPTRUST Corrals Another Advisor Team

June 7, 2010 ( - CAPTRUST Financial Advisors has extended its reach again, this time into the Lone Star state.

The firm has announced the opening of a new Dallas office and the hiring of 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. 

Pickett joins CAPTRUST following a career with RBC Wealth Management’s Institutional Consulting Group. While at RBC, Pickett built an advisory practice with $8.5 billion in assets under management, with many of his client relationships spanning 25 years or more, according to a press release.  Pickett is a member of the Institutional Retirement Income Council, and in 2007 was recognized by PLANSPONSOR Magazine as one of the year’s Most Successful Advisors.

“This was a very big decision for me,” said Pickett, in announcing the move. “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.”

“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.”

In 2010, CAPTRUST has not only added the team in Dallas, but also hired Dan DiGiacomo, in Orlando, Florida; Christopher Kulick in Philadelphia, Pennsylvania; and Greg Diagonale in Raleigh, North Carolina.  In 2009, CAPTRUST added ten advisors and opened offices in Ohio (see Wilt & Team Join Up With CAPTRUST ) and California (see Davis to Anchor CAPTRUST West Coast Expansion) .  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.