Caprock drafts ex-NFL pro to advance growth ambitions

The ultra-high-net-worth RIA is tapping a former wide receiver for the Denver Broncos to advance into new markets.

Caprock, a multifamily office and RIA serving ultra-high-net-worth clients, has strengthened its leadership bench with a Super Bowl winner.

The Idaho-based firm announced Monday that it has named Bennie Fowler III as its new director of strategic development. Fowler, a former NFL wide receiver for the Denver Broncos and executive leadership coach, is expected to enhance Caprock’s growth and national presence.

“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,” Bill Gilbert, co-CEO of Caprock, said in a statement.

“His vision, skill set, and extensive professional network will be valuable assets as we build new markets and relationships,” Gilbert said.

Fowler brings to Caprock a wealth of experience as a certified executive leadership and life coach, having worked with over 150 business owners and executives. He most recently served as director of strategic advisory at law firm Michael Best & Friedrich LLP.

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

“I am honored to join Caprock and begin working to enhance its national presence,” said Fowler, who played in the NFL from 2014 to 2021 and was part of the Denver Broncos team that emerged victorious in Super Bowl 50.

“There is an incredible opportunity to elevate how people view wealth management by emphasizing the importance of legacy through family, impact, and philanthropy,” he said.

Caprock, founded in 2005, acts as a full-service outsourced chief investment officer and chief financial officer for 400 wealthy families, managing more than $11 billion in assets. The Idaho-based RIA made its first-ever acquisition in March as it scooped up Grey Street Capital, a Chicago advisory firm boasting $2.2 billion in client assets.