EP Wealth Advisors has added $261 million AUM with the acquisition of Illinois-based Guidant Wealth Advisors, according to a news release.

The acquisition, which marks EP Wealth’s ninth since taking over a minority investment from Wealth Partners Capital Group in July 2017, closed Dec. 16. Financial and legal terms of the deal will not be disclosed, the release said.

This latest acquisition extends EP Wealth’s reach to the suburbs of Chicago with 10 seasoned professionals, including Frank T. Patzke, who founded the firm 25 years ago.

Patzke said the firm was attracted to EP Wealth because it will help them to maintain focus on the relationships and trust Guidant has built with its clients. “EP Wealth’s size and scale gives us the opportunity to provide the best-in-class offerings our clients need to succeed,” he said in the release.

Patrick Goshtigian, president and CEO of EP Wealth, said, Guidant’s  client-centric philosophy in tandem with a deep emphasis on integrity, objectivity and professionalism, align perfectly with EP Wealth’s.

The Torrance, Calif.-based EP Wealth also has offices in the San Francisco Bay area, San Diego, West Los Angeles, Irvine, Seattle, Phoenix, and Denver. The firm manages more than $5.9 billion in AUM as of Sept. 30, and provides client-centric financial planning and investment management services to individuals and businesses.