Oxford Financial Group, an Indianapolis-based registered investment advisory firm, announced Monday it bought Crowe Wealth Management. 

Crowe was formed in 2003 as a joint venture between Oxford and Crowe Horwath LLP to offer Crowe's existing clients access to Oxford's investment advisory services. 

Oxford completed the acquisition of the remaining stake in Crowe Wealth Management on Jan. 14 and all personnel and clients have merged into Oxford's Indianapolis and Chicago offices. 

The former Crowe Wealth Management personnel in Grand Rapids, Mich., will continue to operate from their existing location until they move into a new Oxford office.

"We believe the acquisition of Crowe Wealth Management provides tremendous benefits to clients by gaining access to a broader team of investment advisory personnel and a more streamlined delivery of the outstanding counsel and service they already receive," said Jeffrey Thomasson, Oxford’s CEO and managing director.

All clients will continue to be serviced by their existing client relationship directors. The acquisition has added $1 billion in assets and an 60 individual, family and institutional clients to Oxford, which has $13 billion in assets under management for 550 clients in 34 states.