Caprock Welcomes New Leadership for Corporate Development
Caprock, a distinguished multi-family office Registered Investment Advisor (RIA), is pleased to announce the appointment of Frank Giuliano as the Head of Corporate Development. This strategic move aims to enhance the firm’s growth trajectory and reinforce its commitment to ultra-high-net-worth clients.
Strategic Vision for Growth
In his new role, Giuliano will lead Caprock’s efforts to expand into both new and existing markets. He is tasked with fostering inorganic growth through targeted mergers and acquisitions as well as advisor recruitment. This initiative aligns with the firm's ongoing goal to elevate the client experience.
A Focus on Quality
Caprock's Co-CEO, Gregory Brown, emphasized, "Our strategy has always been to do what's best for our clients and advisors, which is why we pursue a deliberate and highly selective growth strategy.' He underlined the firm's dedication to catering exclusively to exceptional advisors who work with outstanding clients, setting Caprock apart from many competitors.
Experience in the Financial Sector
Bill Gilbert, Caprock's Co-CEO, shared that the firm seeks to partner only with those organizations or individuals that elevate their service quality. "Frank shares our vision and mindful approach. With his experience in assessing opportunities that align with our client needs, we look forward to his contributions," he stated.
Giuliano's Professional Background
Giuliano brings over a decade of strategic expertise to Caprock, having previously served as Vice President of Corporate Development for LPL Financial. His efforts there included the launch of a liquidity and succession program that successfully facilitated the acquisition of nearly two dozen RIAs and wealth management firms. This experience will undoubtedly benefit Caprock as it pursues its ambitious strategy.
A Culture of Collaboration
Expressing his enthusiasm about joining Caprock, Giuliano noted, "Growth isn’t just about where you're headed; it's about the team you choose to help you become great. Caprock stands out as a firm created by advisors for advisors, a culture I believe resonates across our industry.
History of Deliberate Growth
Since its inception in 2005, Caprock has been a leader in family office services, focusing on bespoke wealth management for ultra-high-net-worth clients and families. The firm’s deliberate expansion strategy includes its first acquisition in 2024, with the purchase of Grey Street Capital, a boutique advisory firm based in Chicago with $2.2 billion in client assets. This acquisition marked a significant milestone as it demonstrated Caprock's willingness to enhance its service offerings.
About Caprock
The Caprock Group, LLC. (“Caprock”) stands as a premier multi-family office Registered Investment Advisory (RIA) devoted to serving ultra-high-net-worth clients. Established in 2005, the firm provides full-service outsourced chief investment officer and chief financial officer services to roughly 400 wealthy families, managing more than $13 billion in assets. Caprock operates numerous offices across the nation, including urban centers renowned for their wealth management sectors.
Commitment to Investment Excellence
Beneficiaries of Caprock’s services enjoy an endowment-like investment approach, with the firm holding over $4 billion in platform investments across private equity, venture capital, real estate, and private credit. Their expertise in impact investing further underscores the firm's commitment to innovative financial strategies. As an SEC-registered investment advisor and founding B-Corporation, Caprock continues to garner accolades within its industry.
Frequently Asked Questions
Who has been appointed as Caprock's Head of Corporate Development?
Caprock has appointed Frank Giuliano to lead its Corporate Development initiatives.
What is the main goal of Frank Giuliano at Caprock?
Giuliano’s primary responsibility is to oversee inorganic growth through mergers, acquisitions, and advisor recruitment.
How long has Caprock been providing family office services?
Caprock has been offering family office services since 2005.
What was Caprock's first acquisition?
Caprock's first acquisition was Grey Street Capital in 2024, a firm with $2.2 billion in client assets.
What investment strategy does Caprock employ?
Caprock utilizes an endowment-like investment approach and manages over $4 billion in various private market investments.
