United Capital adds $800 million in AUM through two acquisitions
Irongate International of Moline, Ill., and Atlanta's Peachtree Investment Advisors join firm.
Irongate International, a registered investment adviser in Moline, Ill., managing $455 million, and Peachtree Investment Advisors, an RIA in Atlanta, Ga., managing $345 million in assets, have been acquired by United Capital Financial Advisers.
United Capital, based in Newport Beach, Calif., manages $23 billion in assets.
(More: Bronfman Rothschild acquisition creates $10 billion RIA)
Established in 2001, Irongate serves 56 households throughout the United States. Founder Patrick Trimble will stay with the firm as it transitions to United Capital.
Peachtree was established in 2006. The firm’s three partners and four employees serve 100 households.
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