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United Capital Completes Another Acquisition, Eyes More Markets

United Capital Financial Partners has acquired the Fort Collins, Colorado-based wealth advisory firm Dunn Hogerty Investment Consulting. The firm has also targeted several new markets for expansion including Atlanta, Memphis, Seattle, Denver, Boston and Phoenix as part of its quest to build nationwide.
The acquisition of Dunn Hogerty is the latest in a round of transactions that has added approximately $500 million in assets under advisement cumulatively. Most recently United Capital established a New York metropolitan presence with the acquisition of Ridgewood, New Jersey-based DFG Financial Advisors in a deal that closed in late spring.
“The addition of Dunn Hogerty is representative of the community of advisors that see our advice-driven model via a scalable platform that allows our partners to focus more on the client as the ideal chassis for continued growth of their practices and where our industry is heading for years to come,” Joe Duran, chief executive of United Capital, said in a statement.
Terms of the deal were not disclosed.
In an interview earlier this year Duran told Family Wealth Report that he envisions a national reach for the firm, with offices in the nation’s top 25 metropolitan markets under one brand name by 2013. Dunn Hogerty marks the 31st practice to join United Capital since its inception in 2005.
Headquartered in Newport Beach, California, United Capital had more than $11 billion in assets under advisement as of 31 July.