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Captrust continues Midwest expansion with Des Moines office

Captrust Financial Advisors, a Raleigh-based investment firm, has opened an office in Des Moines, continuing its expansion into new markets.

The company, which advises companies on investing their employees' retirement savings and also works with individual investors, now has offices in 14 states. Captrust also opened offices in Dallas and Orlando, Fla., this year.

The firm also announced a partnership with Holmes Murphy & Associates, a benefits and insurance consulting firm with offices mostly in the Midwest.

Captrust bought the new Des Moines office from Holmes Murphy. Former Holmes Murphy advisors will run the new office: Jim Pierce, Jean Duffy, Andrew Shimp, and Jen Eddleman.

Captrust has about 160 employees, including 115 at its headquarters, a 17-story building that bears the company's name at the North Hills shopping center in North Raleigh.

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