Caprock Acquires Venturi Private Wealth, Adding $4bn in Assets

Caprock has acquired Venturi Private Wealth, increasing its assets under management by approximately $4 billion. Venturi, based in Austin, Texas, specializes in serving entrepreneurs and families and adds about 30 employees to Caprock, including 10 advisers. The acquisition expands Caprock's presence in Austin and enters the Oklahoma City market. Venturi's clients will retain their advisers while accessing Caprock's broader resources and investment offerings. This acquisition may enhance Caprock's position in the wealth management industry, making it a key player for investors focused on asset management services.