CAPROCK TAPS EXPERIENCED M&A LEADER AS HEAD OF CORPORATE DEVELOPMENT

Frank Giuliano to lead the firm's inorganic growth

BOISE, Idaho, May 21, 2025 /PRNewswire/ -- Caprock, a leading multi-family office Registered Investment Advisor (RIA) serving ultra-high-net-worth clients, today announced the appointment of Frank Giuliano as the firm's Head of Corporate Development.

Giuliano will support the firm's goal of expanding business in both new and existing markets. He will lead inorganic growth through the active pursuit of mergers and acquisitions and advisor recruitment.

"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," said Gregory Brown, Caprock's Co-CEO. "Many firms attempt to serve clients of all sizes. At Caprock we are focused only on exceptional advisors working with exceptional clients."

Bill Gilbert, Caprock's Co-CEO, added, "While Caprock is committed to growing, we are relentlessly focused on finding firms or individual professionals who enhance the quality of our offering to our clients.   Frank shares our vision and mindful approach. He has experience in evaluating opportunities that align with our client's needs, and we look forward to working closely with him."

Giuliano has more than a decade of strategic experience, most recently as a Vice President of Corporate Development for LPL Financial. There, he played a key role in launching the firm's liquidity and succession program resulting in the acquisition of nearly two dozen RIAs and wealth management firms, including several not previously affiliated with LPL Financial.

Giuliano added, "I am excited to join the Caprock team. Growth isn't just about where you're headed – it's the team you choose to help you become great. Caprock is a firm that is created by advisors for advisors, and I believe this culture resonates with others in our industry."

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. Caprock's first acquisition was in 2024 when it acquired Grey Street Capital, a Chicago-based boutique advisory firm with $2.2 billion in client assets. The deal reflected Caprock's desire to drive strategic growth and enhance the bespoke services it provides to clients.

About Caprock
The Caprock Group, LLC. ("Caprock") is a top 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 400 wealthy families with a total of more than $13 billion in assets under advisement. The firm is privately held with locations in Boise, Seattle, San Jose, Newport Beach, Park City, New York, Austin, Chicago, Scottsdale, Denver, Morristown and Winter Park.

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 platform 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. Caprock has received recognition as a top advisory firm in its category from Barrons, Financial Advisor Magazine, USA Today and others.

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SOURCE Caprock