United Capital Financial Advisers LLC, a financial life management firm, acquired the assets of McDonald, Cox & Klugh Inc.
McDonald, Cox & Klugh serves investors through two locations, one in Seneca that was known as The Investment Center and the other in Anderson, which operated as McDonald, Cox & Klugh.
The acquisition marks the first two offices for United Capital in South Carolina.
Approximately $415 million in assets under management, and seven employees spread across the two offices, have joined United Capital.
The company has 77 offices across the country and more than $15 billion in assets under advisement for people preparing for or already in retirement.
