Capstone Brokerage opens branches in New York, New Jersey, Reno; Mayor Pro-Tem Stavros Anthony to attend the April 25 ribbon cutting
LAS VEGAS – The preparations for Capstone Brokerage’s 15th anniversary began in 2011 with the first steps – naming Mary Thompson as president and moving the corporate headquarters into a new building better suited for a company experiencing significant growth. Although the company has clients across the United States, it took the next step and expanded this year with branches beyond Las Vegas borders.
The expansion is an answer to the demand from clients and the ever-growing needs of the company. In the last 15 years, Capstone Brokerage has developed a healthy client list covering all industries including construction, professional and trucking as well as some national accounts in the technology industry. Capstone has developed a large client roster that includes most of the top nightclubs in the United States from New Jersey and New York to Las Vegas and Los Angeles. The company provides risk management services for many casino hotels as well including such companies as Wynn Resorts.
Thompson, who served as a member of the company’s leadership for seven years prior to her appointment, helped navigate Capstone Brokerage through one of the most difficult business environments in decades. She took the helm last summer just as expansion efforts were first taking shape.
“As a company, we’ve experienced growth throughout the recession,” Thompson said. “With the instability of the economy, that’s quite a feat. Inc. Magazine has recognized the company every year since 2008 for its steady growth, which is significant.”
Recognition as one of the fastest growing companies in America on Inc. Magazine’s annual list for the last four years helps illustrate the company’s growth, but expanding beyond the boundaries of Las Vegas began with the opening of Capstone Brokerage’s new headquarters.
Last summer, the company moved into a larger, 12,320-square-foot space located at 8681 W. Sahara Ave. The building includes office space as well as a meeting facility, where the company hosts events and seminars. The move was just the beginning of the company’s expansion efforts to keep up with its growth.
Currently, Capstone has expanded to include branches in New York and New Jersey, and a branch in Reno is expected to come online by the end of the year. The Reno office will focus on the Northern Nevada and Northern California markets.
“Business opportunities came up in the New York and New Jersey area, so we decided to pursue them,” Thompson said. “The Northern Nevada and Northern California markets are good environments for growth, and there are good opportunities to expand there as well as the Northeast.”
The company will host a grand opening celebration for the new office and 15th anniversary on Wednesday, April 25. During the event – which will take place from 4 p.m. until 7 p.m. at the new building located at 8681 W. Sahara Ave. – will feature a ribbon cutting at 4 p.m. Mayor Pro-Tem Stavros Anthony will be present for the ribbon cutting.
Capstone Brokerage is a Las Vegas-based independent risk management and insurance brokerage that offers a comprehensive selection of products and services.
Capstone Brokerage was recognized as one of the fastest growing private companies in America by Inc. Magazine in 2008, achieving revenue growth of 325 percent over a three-year period. The company was recognized on the Inc. 5000 list in 2008, 2009, 2010 and 2011. In addition, Capstone was recognized in 2009 and 2010 in Business Insurance Magazine as “Best Places to Work in Insurance Nationally.”
For more information, call 702-227-5727, or visit www.capstonebrokerage.com.