Atlanta Capital Group has acquired Tri Pillar Investments in Durham, N.C., which specializes in advising doctors and others in the health care industry.

Davfid Millican, Atlanta Capital Group's founding principal partner, says his wealth advisory firm continues to see the health care industry as a prime growth area for the next three decades.

Atlanta Group offers a suite of services for family offices tailored to physicians. The Medical Wealth Group at Atlanta Capital has developed custom financial tools for health care professionals and has several advisors who specialize in the health care industry, Millican says.

“The acquisition is a strategic move for both firms,” Millican says. “Tri Pillar has a lot of physicians in Research Triangle as clients and we have the tools to help those clients.”

Atlanta Capital has grown from $82 million in assets under management when it started 12 years ago to more than $1.4 billion this year through strategic acquisitions and organic growth. The acquisition of Tri Pillar gives the Medical Wealth Group at Atlanta Capital a foothold in North Carolina's Research Triangle, which is home to numerous technology and life sciences companies, according to the firm.

Atlanta Capital did not wait long after its creation to begin expanding. The first acquisition was made a year after the founding and, on average, one acquisition a quarter has been made since, with Tri Pillar being the thirteenth. More are on the way, says Millican.

Tri Pillar brought $65 million in assets to the table and Atlanta Group says it plans to expand the office by adding more advisors. Troy Buder, Tri Pillar Investment president, has been named managing director at the Atlanta Group and will manage the Triangle regional office.