CAPTRUST Adds $830M Suncoast Team

CAPTRUST Financial Advisors has acquired Suncoast Prosperity Advisors, an $830 million wealth management practice based in Tampa, Florida, further expanding its Southeast presence. 

Suncoast Prosperity Advisors provides comprehensive financial planning and investment management services to private wealth clients. The practice is led by President Jeff Strouse, alongside senior advisors Beth Neal and Terri Ritchie, and a team of eight professionals. With the acquisition, CAPTRUST adds a second Tampa office and establishes new locations in Sanibel, Florida, and Highlands, North Carolina. 

“By joining CAPTRUST, we’re gaining expanded capabilities and resources that enhance what we can deliver for our clients, while staying true to the personal relationships and client-focused approach that define our practice,” said Strouse. 

The team joined Raleigh-based CAPTRUST in January 2026 and will continue operating as a boutique investment management firm within the broader platform. 

The transaction follows CAPTRUST’s recent acquisitions of Alpha Cubed Investments ($3.8 billion in assets) in Orange County, California, and Meritage Portfolio Management ($2.4 billion) in Kansas City. According to its February Form ADV, CAPTRUST now oversees more than $1 trillion in total assets across 127,387 accounts. 

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