United Capital said it will continue to seek partners in “new and prime geographical markets.”

United Capital Financial Advisers, which describes itself as a financial life management firm, has acquired two advisory firms with a combined $625 million in assets under management: Indiana-based CS Capital Management and North Carolina-based PRI Investments.
 
The team joining from CS Capital Management includes managing directors Mike Surenkamp and Roel Carandang, as well as eight staff members.

Andrew Blass, managing director of PRI Investments, also brings with him two employees.  

The 10 employees will join United Capital as wealth advisors, investment management professionals and office management executives.

Today, United Capital has approximately $13 billion in assets under management and 61 offices around the US. Click here for an interview with the firm.

Last month, it recruited a 23-person team with locations in Denver and Arizona from Capital Investment Counsel, a wholly-owned subsidiary of Compass Bank.