Wealth management firm Aspiriant on Monday said it acquired Deloitte Investment Advisors, a registered investment advisory group that was owned by Deloitte Tax LLP.

Terms of the deal were not announced. Aspiriant is based in Los Angeles and San Francisco, and the purchase will give it operations in New York, Boston, Cincinnati, Minneapolis, Milwaukee and Detroit.

Employee-owned Aspiriant was founded in January 2008 when Kochis Fitz in San Francisco merged with Quintile Wealth Management in Los Angeles. It has more than $7 billion of assets under management and advisement.

“We believe in a collaborative, partnership-oriented approach for growing Aspiriant, and this transaction embodies that,” Chief Executive Rob Francais in a statement.

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