CAPTRUST Financial Advisors continued its expansion in Texas with the acquisition of Omega Wealth Partners, a Fort Worth-based firm that oversees more than $710 million in assets for wealthy individuals and families, according to a news release.
Co-owned by Tom Hardgrove, John Dickens, and Tammy Bryant, Omega provides holistic financial planning, retirement planning, and estate planning services, according to the release. The trio will be joined at CAPTRUST by six colleagues.
“The wide array of resources we gain by joining CAPTRUST will give us an edge as we continue to provide a top-notch client experience,” Hardgrove said in a prepared statement. “We knew right away that becoming a part of CAPTRUST was a good decision—at our core, we both prioritize the relationship with each client.”
“With a long history as a family-owned business in Fort Worth, CAPTRUST’s collaborative nature and colleagues’ genuine support for each other’s successes was one of the many reasons we knew they were the right fit,” Dickens added. “We look forward to enhancing the customized and unbiased service we currently deliver to our clients by utilizing CAPTRUST’s extensive marketing, investment, and research options.”
Raleigh, N.C.-based CAPTRUST’s presence in Texas spans more than a decade, with more than 120 employees in Austin, Boerne, Corpus Christi, Dallas, Fort Worth, Houston, and San Antonio. In March, it added Monroe Vos Consulting, a $5.8 billion Houston-based firm with an additional location in Birmingham, Ala.
Rush Benton, CAPTRUST’s senior director of strategic growth, said they “are excited to enter a new market in Fort Worth with Omega. As former professional athletes, Tom and John understand the collaborative nature that is crucial to CAPTRUST’s success. We are looking forward to bringing Omega’s expertise to the firm,” he said.
This deal is CAPTRUST's fourth of 2023 and the 67th since 2006. Consistent with other transactions, Omega will take on the CAPTRUST brand.