After announcing its plans to acquire Deloitte Investment Advisors in July, Aspiriant  completed the agreement on Monday, according to the company. With the acquisition, Aspiriant, based in San Francisco, now has over $7 billion in assets under management, and advises almost 800 clients.

Aspiriant is an independent wealth management firm that formed in 2008 with the merger of Kochis Fitz and Quintile Wealth Management. Aspiriant is 100% owned by "key employees" and will continue to operate with an employee ownership model.

In addition to offices in Los Angeles and San Francisco, Aspiriant now has offices in New York, Boston, Cincinnati, Minneapolis, Minn., Milwaukee, Wis., and Detroit, Mich.

Rob Francais, CEO of Aspiriant, described the firm's approach to growth. “Among firms that express interest in joining us, we look for four distinctive culture traits when considering them: a common investment philosophy, a dedication to client service, a commitment to building a permanently independent organization, and supporting and nurturing the careers of outstanding employees,” he said in a press release.