RIA Edge

With the addition of Wealth Covenant Group, Captrust now has 12 offices and 188 employees in Texas.

The deal with Prio Wealth will expand Cerity’s offerings for private and corporate clients in the Boston metro area.

Adrienne Penta started work at the Boston-based SCS this week after spending 15 years at Brown Brothers Harriman.

Cardinal Investment Advisors, an institutional consulting firm, will expand upon Mariner Institutional, a new division seeded last year when the RIA acquired two firms with that focus.

Hillguard Wealth Management will join Sanctuary Global and work out of the firm’s Miami office. Sanctuary President Vince Fertitta said there was a demand for an alternative to “the way most banks and wirehouses” treat international business.

Far too many advisors attempt to control every aspect of their practice in a vain effort somehow to deliver a better client experience.

Mark Sullivan manages $800 million in client assets and is joining Procyon, while St. Petersburg, Fla.-based advisor Mary Lauritano (managing about $525 million in assets) is joining Raymond James’ employee advisor channel.