Optimum Growth Advisors, an RIA based in New York and Boston, brings around $141 million of assets under management to Georgia’s Atlanta Capital Group under the deal. The combined firm, known as Atlanta Capital Group, expects to go on to increase AuM to over $1 billion this year through organic growth.

ACG’s offices were previously geographically concentrated in the Southeast, with premises in Atlanta, GA, Birmingham, AL, and St Simons, GA. The acquisition of Optimum gives the firm a presence in entirely new markets in the Northeast.

Optimum’s founding principals Diane Englert Christian and Karen Japngie have been named managing partners of ACG. Both worked at US Trust Company of New York before founding the firm.

Meanwhile, Optimum Growth Assets, a financial product, will be added to ACG’s platform.

Atlanta Capital Group was founded in 2002 by David Millican, Jeffrey Shaver and Jody Young.