United Capital Financial Advisers has acquired the assets of Payne Wealth Partners, a registered investment adviser, in Evansville, Ind.
Terms of the acquisition were not announced.
Payne Wealth Partners brings to the United Capital team 13 employees and about $530 million in assets.
Headed by Taylor Payne, who will join Newport Beach, Calif.-based United Capital as a managing director, Payne Wealth Partners was founded in 1989 and co-owned by Ann Pendley and Perry Moore.