United Capital Financial Partners has completed its acquisition of Zirkin-Cutler Investments Inc., a Bethesda, Md.-based wealth manager with more than $1.6 billion under management.

Zirkin-Cutler, which serves more than 300 family and institutional clients, will retain its name and operate as a division of United Capital. All five of Zirkin-Cutler's senior investment professionals will remain in their current roles, according to United Capital.

The acquisition is one of United Capital's largest since it was founded in 2004, according to the company. Zirkin-Cutler's proximity to Washington D.C., and the access it gives Newport Beach, Calif.-based United CapitalĀ  to the East Coast market, played a role in the acquisition, according to United Capital.

As of January 1, United Capital had more than $13 billion in assets under advisement through 29 of its investment advisory regional offices located throughout the nation.