Irving-based registered investment adviser United Capital Financial Advisors has acquired New York City–based Apexium Financial LP, a nationwide RIA with offices in the Northeast, Mid-Atlantic, and Southwest, including Dallas.

Apexium’s team built a successful firm by growing through multiple referral channels, United Capital President Jim Rivers said in an announcement.

“United Capital and Apexium Financial share a focus on growth, client service and a financial-planning-led approach,” Rivers said in a statement. “We are excited to help power and support the Apexium Financial team’s continued success.”

The deal adds more than $4 billion in assets under management to United Capital and brings on a team with more than two decades of wealth management experience. Financial terms weren’t disclosed. It’s United Capital’s second acquisition this year, following The Paul Group in September, according to the company.

In a joint statement, Apexium’s managing partners said the decision was driven by a shared goal of offering “a more personalized approach” to clients’ financial strategies, and that the move will let them pair their service model with United Capital’s in-house offerings across estate and income tax planning, investments, business services, and insurance.

Sidley Austin LLP served as legal counsel to Apexium, and Decerno Advisors acted as M&A adviser.

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