The acquisition pulls in a team with more than $13 billion of assets.

CAPTRUST Financial Advisors has brought over three advisors and team members from Atlanta-based Fiduciary Vest, a deal that adds more than $13 billion in assets under management.

The acquired group is led Philly Jones.

Financial terms of the acquisition were not disclosed by CAPTRUST, which is based in Raleigh, North Carolina.

Jones co-founded FiduciaryVest in 2005 as an independent, employee-owned registered investment advisor. Alongside Jones, partners Evan Melcher and Zack Sadler, chief investment officer Andy Marino, and other supporting team members are making the move. Their practice serves more than 50 plans, with a focus on mid- to large-market retirement plan sponsors with between $100 million and $2 billion of plan assets.

“Our ability to grow depends on adding great advisors to the team, so we are constantly on the lookout for like-minded individuals who share our firm’s values and goals for growth,” CAPTRUST chief executive, J Fielding Miller, said.

The added team means that CAPTRUST has 177 advisors across 40 locations and advises on more than $300 billion in client assets.