The US wealth manager, which is headquartered in St Louis, has already added offices in a number of cities.

Moneta, the US-registered investment advisor overseeing $32.8 billion in assets under management, has launched a new office in Chicago.

Based in St Louis, Moneta has opened offices in the Kansas City and Boston metro areas. It also has an office in Denver.

“Expanding our footprint to the Chicago market shows our existing client base we are invested in the community and demonstrates our credibility in the city,” Moneta chief operating officer, Keith Bowles said. 

“In the past four years, we’ve added a collective $12.6 billion in client AuM through the strategic addition of Denver, Boston, Kansas City, and now, Chicago offices.” 

In September RACEN Wealth Management, a five-person team that worked at Northwestern Mutual Wealth Management, joined Moneta Group Investment Advisors.