Captrust Purchases California Firm with $3.8B in AUM

Captrust Financial Advisors has acquired a wealth management firm, which manages $3.8 billion in assets under management, expanding the firm’s footprint in the Southern California market. 

The firm, Orange County, CA-based Alpha Cubed Investments, founded in 2011, is led by CEO and chief technical analyst Todd Walsh and president Tony Jabczenski, and joins Captrust with 28 additional financial professionals, including 16 advisors, Captrust said. 

Alpha Cubed Investments offers “comprehensive” financial planning, wealth management, and investment management for high-net-worth clients. The firm also has an additional office in Scottsdale, Arizona. 

“Joining CAPTRUST marks an exciting next chapter for ACI,” Walsh said. “For years, our team has been driven by a commitment to thoughtful guidance and meaningful client relationships. We are energized by the opportunity to evolve with a firm that shares our philosophy and to continue delivering the thoughtful, high‑quality advice our clients rely on and expect.” 

Following the acquisition, Alpha Cubed Investments, which joined Captrust in January, will adopt the firm’s branding, Captrust said. 

Earlier this month, Captrust added Kansas City-based wealth manager Meritage Portfolio Management, which oversees $2.4 billion in total client assets, marking it Captrust’s first transaction for the year. 

Captrust oversees a total of more than $1 trillion in total assets for 127,387 accounts, according to its latest Form ADV updated in February. 

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Pictured: Todd Walsh