Exencial Wealth Advisors, an independent wealth management firm based in Plano, Texas, has acquired San Antonio-based Netting & Pace CPAs, expanding its footprint in the Southwest, Exencial announced.

The acquisition of Netting & Pace, an accounting and wealth management firm, will expand Exencial to $1.5 billion in assets under management with 57 employees in the two Texas cities, as well as in Oklahoma City and Old Lyme, Conn.

“Netting & Pace’s deep knowledge of tax planning services is a welcome complement to our investment and financial planning capabilities, enabling us to better offer our clients the top-shelf services they expect and deserve,” said John Burns, co-CEO at Exencial Wealth, in a press release.