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Mariner Wealth Advisors said to have acquired another multi-billion dollar wealth management practice.

The latest addition is based in Bloomfield Hills, Michigan Heber Fuger Wendin Investment Advisorsa company founded in 1934, according to Mariner.

Led by the President and CEO david barnesHFW now oversees $8.6 billion in assets under management for individuals as well as banks and credit unions, insurance companies, hospitals, foundations and manufacturing companies, Mariner said.

HFW’s services include financial planning for individuals, investment advisory services, asset and liability management, third party reviews of asset and liability management models, portfolio accounting investment, valuation of mortgage service rights and more, according to Mariner.

Mariner did not disclose financial terms of the deal, which was completed late last month.

As part of the deal, HFW has changed its name to Mariner Wealth Advisors and will continue to operate with its current staff of 11, according to Mariner.

The addition is Mariner’s fourth office in Michigan and second in Bloomfield Hills, according to the company. It also expands Mariner’s offerings to banks and credit unions, which were “a previously untapped customer base” for Mariner, according to the company.

Founded in 2006, Mariner went on a buying spree this year, announcing the acquisition of Point of View Financial Network, Arbor Wealth Management, Emerson’s Wealth, Taylor Wealth Management Partners and Corben Partners. And just two weeks ago, Mariner announced the acquisition of The financial services networkwhich has more than 400 advisors overseeing $26 billion.

Mariner says the company and its subsidiaries now have more than $60 billion in customer assets.

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