Illinois-based wealth manager The Mather Group (TMG) completed its third acquisition this year by snapping up Daniel Advisors.

Financial details of the transaction were not divulged.

With $110m in assets under management (AUM), Daniel Advisors offers financial planning, portfolio management and tax compliance services to corporate executives.

The acquired firm is headquartered in Atlanta, Georgia.

Daniel Advisors founder Gregory Sloan said: “We’ve sat down with many potential buyers over the years.

“What differentiated TMG was that they have the mature tax infrastructure for executive clients, in addition to the scale to deliver best-in-class technology—but are committed to remaining a boutique firm.”

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As agreed, Sloan and his team will now join TMG’s office in Midtown Atlanta.

TMG founding partner Stewart Mather said: “Greg is a pioneer in the fee-only industry. He’s been delivering value-added tax services and comprehensive wealth management to corporate executives for decades.”

The Daniel Advisors acquisition comes two months after TMG bought RPH Financial Services.

With $168m AUM, RPH Financial Services is a fiduciary-only firm situated in north-eastern Pennsylvania.

Established in 2011, TMG serves rich and ultra-rich families and individuals through six offices across the US.

Currently, the company has more than $8bn in assets under advisement.

Apart from its headquarters in Chicago, TMG has offices in Houston, Dallas, Atlanta, San Francisco Bay Area, and Philadelphia Area. In February this year, the company acquired Astraeus Advisers.