Mark A. Davis, 17-year veteran of the retirement industry and founding principal of Kravitz Davis Sansone, Inc., has joined CAPTRUST Financial Advisors. Davis, a regular panelist on PLANSPONSOR’s “Plugged In” webcast series, will anchor the first West Coast office for CAPTRUST in Los Angeles.
CAPTRUST described the move as “another significant step in the firm’s strategic plans to have a physical presence in each of the nation’s leading retirement markets.” Earlier this year CAPTRUST lured industry veteran Steve Wilt and three of his partners at the Akron, Ohio-based Star Group from Merrill Lynch (see Wilt & Team Join Up With CAPTRUST ). Wilt now heads up CAPTRUST’s Midwest operations.
Mark Davis, a well-known expert in the retirement industry, routinely addresses national industry conferences and plan sponsor forums. Most recently,Davis worked with members of the US Senate, House of Representatives, and the Government Accountability Office on a variety of retirement plan issues affecting plan sponsors and plan participants. Last October he testified before a “field hearing” of the House Education and Labor Committee on the impact of the market turmoil on retirement security (see House Committee Takes Retirement Investigation on the Road ).
“Joining CAPTRUST was a natural decision for me,” says Davis. “As the retirement industry continues to change, the need for independent and objective advice has never been more critical. CAPTRUST is a highly focused retirement advisory firm with the resources and professional support in place to greatly enhance my ability to serve my fiduciary clients in today’s rapidly dynamic environment.”
“Our success hinges on our ability to attract talented advisors who can distinctly help plan sponsors and their participants navigate the growing list of challenges they are facing,” added J. Fielding Miller , CAPTRUST co-founder and CEO. “Adding Mark Davis to our ranks is a major win for CAPTRUST, but more importantly, a major win for our clients. We could not be more thrilled with having Mark lead our firm’s efforts in California.”
CAPTRUST Financial Advisors is an independent investment research and retirement advisory firm specializing in providing strategic advisory services to retirement plan fiduciaries, executives, and high net-worth individuals. Headquartered in Raleigh, N.C., the firm represents $22 billion in client assets.
More information is available at www.captrustadvisors.com .
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