Atlanta Capital Group has acquired Optimum Growth Advisors, a merger that gives the registered investment advisor firm more than $950 million in assets under management.
The financial terms of the deal were not disclosed.
The acquisition gives the Atlanta-based firm Optimum's former offices in New York and Massachusetts, along with its existing offices in Atlanta, Birmingham, Ala., and St. Simons, Ga. Optimum added $141 million to Atlanta Capital's assets under management.
The founding principles of Optimum, Diane Englert Christian and Karen Japngie, have been named managing partners at Atlanta Capital.
“The Optimum Growth product is a complimentary addition to the Atlanta Capital Group array of financial products as a long-term allocation for high-net-worth portfolios,” says Christian.
Atlanta Capital Group was founded in 2002 with $82 million in assets under management.