Tampa investment giant gets bigger

TAMPA — Independent Financial Partners, with around $6 billion in assets under management, has acquired a Fort Lauderdale-based financial advisory firm, Private Wealth Alliance.

Terms of the deal weren't disclosed.

Private Wealth Alliance, with 40 investment professionals who manage more than 5,000 clients, specializes in registered investment advisors that work inside bank and credit union branches. The company, with at least $500 million in assets under management, will continue to operate under its own name and also under the second name of IFP Institutional Services, according to a statement.