M and A
United Capital Enters South Carolina

So far this year United Capital has added over $3 billion in assets under management through four new partnerships.
United Capital Financial Advisors has acquired the assets of South Carolina-based McDonald, Cox & Klugh in a move adding $415 million and a total of 12 employees.
McDonald, Cox & Klugh has two offices: one in Seneca – known as The Investment Center – and the other in Anderson, which operated as McDonald, Cox & Klugh.
Thomas McDonald, Brandon Cox and Arthur Klugh will join United Capital as managing directors in Anderson. Jim Charbonneau, a senior wealth advisor, and Taber Brown, a wealth advisor, will oversee the Seneca office. Others are joining the firm in roles across financial guidance, operations and relationship management.
United Capital has around $15 billion in assets under management and 77 offices around the US.
Last month, the firm hired six from StanCorp Investment Advisers that brought with them over $574 million in AuM and opened five new offices (more here).