People Moves

United Capital Makes Round Of Hires, Pushes Into Arkansas

Eliane Chavagnon Editor - Family Wealth Report June 16, 2015

United Capital Makes Round Of Hires, Pushes Into Arkansas

The two announcements mean that the firm has added over $740 million in AuM overall and opened seven new offices.

United Capital Financial Advisers, which describes itself as a financial life management firm, has hired six from StanCorp Investment Advisers that bring with them over $574 million in assets under management and have opened five new offices.

United Capital has also acquired the assets of Hutchinson Financial of Little Rock, AR. Staff members including founder Eric Hutchinson - now managing director at United Capital - are all now employees at the firm.

Hutchinson Financial serves clients via two locations in Arkansas and Texas and manages approximately $171 million in assets.

United Capital now has around $15 billion in assets under management and 74 offices around the US. Last month, the firm acquired two advisory firms with a combined $625 million in assets under management: Indiana-based CS Capital Management and North Carolina-based PRI Investments.

Click here for an interview with the firm last year.

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