An Atlanta-based wealth advisory firm announced its expansion into Texas with the acquisition of a $150 million RIA.
Atlanta Capital Group is purchasing Houston-based Stark Capital Management for an undisclosed sum. Details of the deal, which was announced on Thursday, were not released by either firm.
Both firms specialize in serving high-net-worth clients throughout the southeast and in New York.
The acquisition brings Atlanta Capital Group’s AUM to $1.8 billion.