CAPTRUST Advisors is taking a 49 percent stake in Pensionmark Retirement Group, a Santa Barbara-based defined contribution specialist with about $10 billion in assets under management. 

Based in Raleigh, North Carolina, CAPTRUST has grown into one of nation’s most formidable advisors to plan sponsors. Its latest deal is expected to be finalized in the second quarter, according to John Curry, senior director of marketing with CAPTRUST. 

Nick Thornton

Nick Thornton is a financial writer covering retirement and health care issues for BenefitsPRO and ALM Media. He greatly enjoys learning from the vast minds in the legal, academic, advisory and money management communities when covering the retirement space. He's also written on international marketing trends, financial institution risk management, defense and energy issues, the restaurant industry in New York City, surfing, cigars, rum, travel, and fishing. When not writing, he's pushing into some land or water.

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