California-based United Capital Financial Advisers has snapped up two RIAs: Irongate International and Peachtree Investment Advisors.

Financial terms of the deals were not disclosed.

The takeovers add over $800m in assets to United Capital’s books.

United Capital founder and CEO of Joe Duran said: “These acquisitions validate our vision of financial life management.

“Irongate and Peachtree understand the best and greatest use of their time is to help their clients come to grips with the highly complex, big picture issues that touch every aspect of their financial lives.”

Illinois-based Irongate oversees $455m in assets and employs nine people, all of whom will move to United Capital.

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Founder Patrick Trimble will be retained, while Tony Carpita, Ted Baker and Tait Johnson will work as managing directors.

The business, founded in 2001, caters to 56 US households.

The collaboration with United Capital is said to have been driven by Irongate’s challenges of growing scale, client complexity, and back office requirements.

Georgia-based Peachtree, set up in 2006, manages $353.3m in assets.

The business services 100 HNW households.

As part of the deal, Peachtree’s four employees will migrate to United Capital.

They include Michael Wolf, Wesley French and Mark Stancil, who will hold the role of managing directors.

For Peachtree, the partnership with United Capital was aimed at securing the succession of the firm.