To continue its expansion in Atlanta, United Capital announced Monday it bought the majority of the assets of Atlanta-based PPA Advisors.

PPA, which was founded in 1986, is the second firm from Georgia to join United Capital in less than a year, as United Capital continued its plan to expand in the Southeast by integrating established RIAs into its national platform.

PPA brings $224 million in assets under management and an additional $122 million in assets under advisement, along with a team of nine professionals. The office will be immediately rebranded as United Capital and will be managed under the leadership of four managing directors, Ross Ramsey, R. Corley Watson, Randy Berry, and Charles “Rocky” Costa 3d. 

“We knew that by joining United Capital, we could create more value for our clients and gain a new dimension of financial planning, technology and investment resources from which our clients can benefit," Ramsey said. "We have been welcomed into one of the most innovative financial advisory firms in the country, and look forward to being in a position to spend more time on what matters most—our interaction and dialogue with clients."

United Capital has 44 offices nationally, including two in Georgia. As of June 11, it and its affiliates had approximately $17 billion in assets under advisement.