CAPTRUST Adds $1.4B Indianapolis Wealth Manager 

CAPTRUST Financial Advisors has acquired Column Capital Advisors, an Indianapolis-based registered investment advisor that manages over $1.4 billion in assets. 

Founded in 2005, Column Capital serves high-net-worth individuals and is led by president and managing director Brian Upchurch and executive directors Kevin Sweet and Jeffrey Yu. 

Column Capital is Raleigh, NC-based CAPTRUST’s first location in Indianapolis and the second in Indiana, joining an existing office in Chesterton.   

“Since 2006, we have been strategically adding firms in markets across the U.S., working toward our goal of a wealth management, retirement planning, and endowment and foundation presence in each city,” said CAPTRUST CEO Fielding Miller. 

CAPTRUST, founded in 1997, has grown to become one of the industry’s most prolific acquirers. The Column Capital transaction is the company’s seventh in 2023 and its 70th since 2006. The transaction is expected to result in the hiring of 22 new staff. 

The acquisition of Column Capital is the first disclosed by CAPTRUST since its $2.3 billion purchase of Southern Wealth Management in July. 

The firm oversees more than $832 billion in assets, including just over $688 billion in nondiscretionary assets under advisement and just over $143 billion in discretionary managed account assets as of June 30, 2023.