The deal boosts Caprock’s client base and geographic reach while adding family office services and 30 employees.
Caprock has acquired Venturi Private Wealth, a Texas-based wealth management firm managing $4bn in assets. The purchase strengthens Caprock’s presence in Austin and establishes a foothold in Oklahoma City, expanding its client services beyond investment management to include family governance and advanced planning.
Venturi, founded in 2015, serves entrepreneurs, executives, and multigenerational families. The acquisition adds 30 employees, including 10 advisers, and integrates Venturi’s clients into Caprock’s broader investment and family office resources.
Post-deal, Venturi will rebrand under Caprock’s name and platform, retaining its existing advisers and client relationships. The transaction reflects Caprock’s strategy to scale while preserving local advisory teams.