Solow is an experienced wealth manager who spent over 15 years as a private wealth advisor for Goldman Sachs Private Wealth. He co-led a team that managed more than $5 billion in assets and advised high-net-worth clients.

“We are excited to welcome David to Caprock. His knowledge and experience in working with CEOs, entertainers, athletes, private-equity principals, and high-end attorneys will further enhance Caprock’s services,” said Caprock co-CEO Bill Gilbert.

Caprock Co-CEO Gregory Brown added, “Caprock serves sophisticated clientele with complex wealth management needs and David’s experience will expand our capabilities and bring more value to clients. He will be a strong addition to the Caprock team.”

Solow began his career as an attorney with Neal, Gerber and Eisenberg after graduating from Stanford University. He then pivoted into wealth management when he joined Goldman Sachs in 2009. In addition to working with clients, Solow led training and development for Goldman’s younger advisors.  He has long been active in multiple civic support organizations including those in the Jewish community. Solow said, “I am thrilled to join Caprock where I have the opportunity and responsibility to act as a fiduciary to represent my clients’ best interests. As I spent time learning about the changing landscape of our industry, I was incredibly impressed with Caprock’s modern approach to providing clients with investment opportunities and flexible solutions.

Caprock has been providing family office services since 2005. The firm’s expansion has been deliberate, with an emphasis on bespoke wealth management for ultra-high-net-worth individuals and families. Their solutions are tailored to their clients’ specific needs to help them achieve their financial objectives.

Media Coverage

Crain’s Chicago Business

Wealth Solutions Report

Investment News

The post Caprock Welcomes Veteran Advisor David Solow to Chicago Office appeared first on Caprock.

Gregory Brown, co-CEO of Caprock, expressed his honor of being a part of this prestigious list for another year. “This recognition is a testament to our team’s dedication to providing high standards of wealth management over nearly two decades by focusing on the unique needs of our ultra-high net worth clients.” 

Barron’s created its rankings to “shine a spotlight on the nation’s best wealth managers and raise standards in the industry,” according to the publication. The Top 100 RIAs list is based on assets managed by firms, growth, technology spending, succession planning, and other metrics. 

Co-CEO Bill Gilbert added, “Affluent families have choices on which firms they want as partners, and our team takes pride in the fact that we are serving more families in a more robust way each year.” Caprock has also been included in Financial Advisor Magazine’s America’s Top RIA list and recognized by USA Today as a Best Financial Advisory Firm in 2024. 

Caprock has earned several awards and recognitions. See the full list of awards and accolades.

See Barron’s full list of 2024 Top 100 RIAs here.

Advisors who wish to be ranked must first pass a prequalification process aimed at ensuring that those in the mix are experienced and sophisticated advisors. Those who meet the criteria then fill out a survey with more than 100 questions about their practices. Barron’s verifies that data with the advisors’ firms and with regulatory databases, then applies their rankings formula to the data to generate a ranking. More details on the methodology can be found on Barron’s Top Advisors Methodology. Caprock paid no application fee to participate.

The post Caprock Rises in Barron’s Top 100 RIAs Ranking appeared first on Caprock.

BOISE, Idaho, July 17, 2024 — Caprock, a leading multi-family office Registered Investment Advisor (RIA) serving ultra-high-net-worth clients, has once again been recognized by Financial Advisor Magazine as one of the nation’s top RIA firms.

The 2024 list ranked firms based on last year’s assets. Caprock was No. 74 on the list of Top RIAs with more than $1 billion in assets. The firm ranked No. 85 on the 2023 list.

“We are proud and honored to be recognized as a leading family office,” said Gregory Brown, Caprock’s co-CEO. “Our aligned approach to delivering bespoke portfolios with access to world-class investment access is something our clients greatly appreciate. Being recognized by our peers as well is icing on the cake.”

Financial Planning’s ranking is based on data submitted by participating RIAs. In addition to 2023 assets, the list calculates the percent increase in assets, assets per client, and growth in assets per client.

Caprock Co-CEO Bill Gilbert added, “Caprock takes a deliberate approach to growth.  Our first responsibility is the delivery of personalized, conflict-free wealth management.  Our growth has always been designed to better enable us to fulfill that responsibility to our clients.”

Caprock has earned several awards and recognitions.  View the full list of awards and accolades.

To learn more and view the complete list of top RIA firms, visit Financial Advisor Magazine’s website.

The post Caprock Rises in Financial Advisor Magazine Ranking of Top RIAs appeared first on Caprock.

BOISE, Idaho, May 21, 2024 — Caprock, a top multi-family office Registered Investment Advisor (RIA) serving ultra-high-net-worth clients, today announced Bennie Fowler III’s appointment to the role of Director of Strategic Development. 

“We have always been purposeful in cultivating a team with a wide array of backgrounds and expertise that can enable Caprock to serve clients better, and Bennie is a prime example of that strategy,” said Bill Gilbert, Caprock’s Co-CEO. “His vision, skill set and extensive professional network will be valuable assets as we build new markets and relationships.”

Fowler is a certified executive leadership and life coach who has worked with more than 150 business owners and C-suite executives. Most recently, he served as Director of Strategic Advisory at Michael Best & Friedrich LLP law firm. 

His approach to coaching is guided by the MVP Leadership method, which focuses on Mindset, Vision and Performance. Fowler has also consulted on developing high-performance teams and cultures, training for wellness and resilience and conducting motivational speaking sessions for clients.

Prior to entering professional services, Fowler was a wide receiver in the National Football League from 2014 to 2021. He spent time with four organizations as a professional athlete, including the Denver Broncos, with whom he won Super Bowl 50. 

“Bennie’s strategic approach to coaching and helping others is a natural fit for how Caprock supports our clients,” said Gregory Brown, Co-CEO of Caprock. “It pairs very well with his natural talent as a thoughtful connector.”

Fowler concluded, “I am honored to join Caprock and begin working to enhance its national presence. There is an incredible opportunity to elevate how people view wealth management by emphasizing the importance of legacy through family, impact, and philanthropy. Life is a team sport, and Caprock can be the best teammate for wealthy families and the advisors who serve them.”

The post Caprock Hires Bennie Fowler III as Director of Strategic Development appeared first on Caprock.

USA Today partnered with Statista to rank a total of 500 RIA firms. According to Statista’s website, the ranking methodology focused on two dimensions, Firm AUM development and recommendations made by financial advisors, clients, and industry experts.

Caprock has earned several awards and recognitions.  See the full list of awards and accolades.

Learn more about USA Today’s Best Financial Advisory Firms.

The post USA Today Recognizes Caprock on Best Financial Advisory Firms 2024 List appeared first on Caprock.

BOISE, ID, March 19, 2024 – Caprock, a leading multi-family office Registered Investment Advisor (RIA) serving ultra-high-net-worth clients, today announced the acquisition of Grey Street Capital, a Chicago-based boutique advisory firm with $2.2 billion in client assets.

The deal marks Caprock’s first acquisition, reflecting the firm’s desire to drive strategic growth and enhance the bespoke services it provides to clients. The combination brings Caprock’s assets under advisement to more than $11 billion.

“Caprock and Grey Street fit very well with each other as both firms are focused on providing sophisticated solutions to a select number of ultra-affluent families,” said Gregory Brown, Caprock Co-CEO. “We both have very talented teams with similar business models, expertise and investment philosophies.”

Brown continued, “This acquisition sets a high bar for finding future partners and demonstrates our commitment to growing organically while maintaining the integrity of the services we provide. We look forward to quickly integrating the Grey Street team into Caprock and growing together in the future.”

Grey Street will now operate under the Caprock brand. Beyond Chicago, it also has advisors located in Scottsdale, Arizona; Winter Park, Florida; and Morris County, New Jersey. The two firms have a presence in complementary markets, creating opportunities to scale their collective geographic footprint.

“Joining the Caprock team means our advisors and clients will now have access to an even greater toolset,” said Jay Page, Grey Street Co-Founder and CEO. “Just as important, our firms have shared values and a similar, client-first approach to wealth management, a contrast with others who tend to limit themselves to model portfolios filled with liquid assets.” 

Bill Gilbert, Caprock Co-CEO, added, “Whether it’s this acquisition or any future transactions, the most important thing is that the quality of the service our clients experience never gets compromised. Rather, the goal is to enhance it. To that end, we will continue to be intentional about growth to ensure we always maintain alignment between our firm, our team and the clients we serve.”

Terms of the agreement were not disclosed.

Learn more about Caprock acquiring Grey Street Capital here.

About Caprock

Caprock is a leading multi-family office Registered Investment Advisory (RIA) serving ultra-high-net-worth clients. Founded in 2005, Caprock acts as a full-service outsourced chief investment officer and chief financial officer for 300 wealthy families with a total of more than $9 billion in assets under advisement. The firm is a privately held, multi-family office with locations in Boise, Seattle, San Jose, Newport Beach, Park City, New York and Austin.

Caprock’s clients benefit from the firm’s endowment-like investment approach. The firm has expertise and access to private markets, where it manages more than $4 billion in investments, including private equity, venture capital, real estate and private credit. Caprock also has expertise and is an industry thought leader in impact investing. The firm is an SEC-registered investment advisor and a founding B-Corporation.

About Grey Street 

Grey Street Capital is a full-service, boutique investment partner designing customized, comprehensive portfolios for high-net-worth clients. Founded in 2017, the firm works with 80 families and advises on over $2.2B in assets across public and private investments.  Headquartered in Chicago IL, the firm also has advisors in Scottsdale AZ, Winter Park FL, and Morris County NJ. 

The post Caprock Announces Acquisition of Grey Street Capital appeared first on Caprock.

“We are thrilled to be recognized as Family Office of the Year by WSR. This award serves as a testament to our dedication to delivering unparalleled family office services to our clients,” stated Gregory Brown, Caprock Co-CEO. 

The WSR Wealth Exemplar Awards Family Office of the Year recognizes the top three financial advisory firms with a significant focus on ultra-high net worth client families and providing sophisticated, tailored services. 

“This accolade is more than a mark of distinction for our firm,” remarked Co-CEO Bill Gilbert. “It is an affirmation of our commitment to serve the remarkable families that entrust us with their legacies.” 

Caprock has recently received several recognitions. See the full list of awards and accolades. 

Learn more about the WSR Wealth Exemplar Awards. 

The post Caprock Named Family Office of the Year by Wealth Solutions Report appeared first on Caprock.

BOISE, ID, September 20, 2023 – Caprock, a leading multi-family office Registered Investment Advisory (RIA) firm, is publishing a sampling of the impact generated by its clients’ investments. The firm advises more than 200 families and foundations, many of whom seek to generate competitive financial returns alongside quantifiable social and environmental benefits.

Caprock created its impact performance assessment and reporting tool in 2014. The proprietary system aggregates impact metrics within each client’s portfolio, as well as across the entire firm. Today, the firm’s impact reporting platform tracks over 100 active metrics from various private market investments. The below chart includes six representative metrics across three core themes.

While Caprock’s platform has evolved over the years, their impact reporting efforts have always had two distinct aims.

First, to support clients—specifically, their engagement with, understanding of, and appreciation for the impact they catalyze through their investments. Caprock has always believed the private markets offer the best avenue through which impact can be pursued. Environmental, social, and governance (ESG) considerations are important. However, the firm has found that the private markets offer impact that is more direct and discernible. The numbers below reflect this approach and purposefully exclude the ESG data that could be tabulated across clients’ countless stock and bond holdings.

The second purpose of Caprock’s impact reporting efforts has been to bolster their internal assessments of impact investments. The firm considers financial performance reporting an essential risk management tool. Since the initial development of the impact reporting platform, it has been imperative that the framework provide actionable insights throughout Caprock’s due diligence process. The firm requires every impact asset manager with whom it invests to provide related metrics on at least an annual basis.

 Against that backdrop, here are six representative metrics that reflect the aggregate impact performance of asset managers to whom the firm has allocated capital:

The Caprock Group, LLC (“Caprock”) is an SEC registered investment adviser. Registration with the SEC does not imply a certain level of skill or training. The information and opinions contained in this document are for informational purposes only and is not intended to serve as specific financial, accounting or tax advice. While reasonable care has been taken to ensure that the information herein is factually correct, Caprock makes no representation or guarantee as to its accuracy or completeness. Certain information has been provided by third-party sources and it has not been independently verified and its accuracy/completeness cannot be guaranteed. This document is for private circulation only. This document does not constitute or form part of any offer to issue or sell, or any solicitation of any offer to subscribe or purchase any investment.

The post Caprock Releases New Impact Investing Results appeared first on Caprock.

“Being named in the top 100 is a testament to our unwavering commitment to our clients,” remarked Co-CEO Bill Gilbert. “We are proud to have our efforts recognized.”

Barron’s uses a number of metrics, including assets managed, technology spending, staff diversity, succession planning, and more, to determine ranking. Firms may apply for consideration but cannot pay to be included in the ranking.

Co-CEO Gregory Brown stated, “Our team focuses on providing each client with a customized, conflict-free family office. We are honored to be named among a short list of family offices within the Top 100 RIAs.”

Caprock has received several recognitions. Most recently, Caprock was named one of America’s Top RIA Firms by Financial Advisor Magazine.

See Barron’s Top 100 RIAs list here.

The post Caprock Earns Ranking on Barron’s Top 100 RIA Firms List appeared first on Caprock.

With more than 500 participating firms, Caprock was ranked 81 in the $1 Billion and over asset category.

“We are proud that our efforts have been recognized and included alongside other top RIAs,” Co-CEO Bill Gilbert stated. “This acknowledgement demonstrates our dedication to building Caprock to best serve our clients.”

Since 2005, Caprock has been providing family office services. The firm’s expansion has been deliberate, with an emphasis on bespoke solutions for ultra-high-net-worth individuals and families. Their solutions are tailored to their clients’ specific needs to help them achieve their financial objectives.

According to Co-CEO Gregory Brown, “We work to give each client a personalized, conflict-free experience. Our team works closely with each client to manage their entire balance sheet while providing access to a broad range of alternative investments.”

This latest acknowledgement further solidifies Caprock’s commitment to helping individuals and families protect their legacies and grow their wealth. 

To learn more and view the complete list of top RIA firms, visit Financial Advisor Magazine.

The post Caprock Named One of America’s Top RIA Firms for 2023 by Financial Advisor Magazine appeared first on Caprock.