Fairfax, Virginia-based Integrated Financial Partners acquired Wagner Resources Group, an RIA based in McLean, Virginia.
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Integrated Partners, a Boston-based registered investment advisory firm with $7.8 billion in assets, said Tuesday that one of its affiliates, Integrated Financial Partners, had acquired another firm and as a result, almost doubled its assets, to $810 million.
Fairfax, Virginia-based Integrated Financial Partners, led by Leal Deddens and Shawn Wilson, previously had $450 million in client assets, according to a statement by the companies. It acquired Wagner Resources Group, an RIA based in McLean, Virginia.
Two advisers from Wagner will join Integrated Financial Partners, bringing its team to 9, including five advisers and four staff members.
Terms of the deal were not disclosed. Integrated Partners has 160 advisers and 60 regional offices.