Mariner Wealth Advisors today announced that it will acquire Savant Investment Group, a Bay Area firm with $700 million in assets under administration, according to a news release.

The Emeryville, Calif., office will be the firm’s seventh location in the state and its third in the Bay Area, the release noted. The acquisition is also the ninth since the start of the year for Mariner Wealth Advisors.

The terms of the deal were not disclosed. But the release noted that Scott Lummer, CEO and CIO of Savant Investment Group, will continue to run the Emeryville office as managing director, and all eight professionals will retain their current roles. The firm also will assume the Mariner Wealth Advisors name when the deal closes.

“This is an incredible opportunity for our firm to expand our comprehensive financial planning experience to clients and to provide career development for our employees,” Lummer said in a statement. “I’m excited to draw on Mariner Wealth Advisors’ broad array of services to bring even more value to our clients, from insurance and tax planning to estate and trust services.”

Savant Investment Group has seen tremendous growth since its inception, the release noted. It said in addition to financial planning and wealth management, the firm has developed a solutions-driven approach to providing tailored retirement plan services designed to evolve with the changing times.

Marty Bicknell, CEO and president of Mariner Wealth Advisors, said the company has had great growth success and is just getting started. “Our growth has been driven by strategic acquisitions, and we look for like-minded partners who can grow with us. I’m thrilled to continue adding to our team with an impressive firm like Savant Investment Group.”