Mariner Wealth Advisors today announced the acquisition of Confluence Financial Planning, a Sacramento, Calif.-based firm with $360 million in assets under management, according to a news release.

The financial terms of the deal, which was finalized on December 31, were not disclosed. After closing,  Confluence Financial Planning assumed the Mariner Wealth Advisors’ name.

Founded in 1983 by Cynthia Meyers, Confluence Financial Planning uses a three-pronged financial planning model to guide its clients. That includes incorporating a high level of client service, a life approach to financial planning, and a highly individualized process, the release noted. The firm will retain its six associates and continue operations out of the Sacramento office.

“The name Confluence reflects the strength of the firm, the sense of collaboration we have with our clients, and the richness of life’s possibilities,” Meyers said in a statement. “Though we have long prided ourselves on our ability to support our clients through a combination of in-house support and outside referrals, I have no doubt our clients will be as thrilled as we are that the confluence of these two firms will now allow us to utilize Mariner’s wide breadth of service offerings to address each of their needs under one roof,” she added.

The acquisition establishes Mariner Wealth Advisors’ first office in Sacramento and its15th in the Golden State. It is also the 99th office nationwide for the Overland Park, Kan.-based firm.

“The remarkable economic growth in the greater Sacramento region, coupled with the success of Confluence Financial Planning, made this acquisition a strategic union of thriving environments and proven expertise,” said Marty Bicknell, CEO and president of Mariner Wealth Advisors. “As we continue to prioritize what matters most to us – delivering an unparalleled experience and optimal outcomes for our clients – collaboration promises to bring forth a wealth of opportunities for growth and success,” he added.

Founded with $300 million in assets under advisement in 2006, Mariner Wealth Advisors and its affiliates now advise on over $114 billion in assets as of June 30.