Savant Capital Management, one of the nation’s largest independent registered investment advisory firms, headquartered in Rockford, Ill., announced that it has acquired Kingston Wealth Management Group, with $132 million in assets under management, according to a news release.

The acquisition, which marks Savant’s seventh since 2012, became official on October 31, the release said.

Founded more than 35 years ago by Kevin Kingston, Bloomington, Ill.-based Kingston Wealth Management Group works with business owners, executives and professionals working with young families and retirees. The firm’s client services include wealth management and a wide variety of financial planning.

The release said four employees, including Kingston and Christopher Ruedi, financial advisor, will become employee-owners of Savant.

“Kingston is positioned well within the Bloomington region and its employees share our approach to the client-first mentality. We are excited to welcome Kingston employees and their clients to our family,” said Brent Brodeski, Savant CEO, in a statement.

He added that the partnership enhances the client experience by offering leading-edge technology and an integrated team approach to financial advice from taxes to wealth transfer, to trust needs and business succession planning.

Savant Capital Management is a fee-only firm that has served clients for 30 years and has more than $6 billion in assets under management.