The Dallas-based BMC Capital acquired Riverhill Financial Group in Atlanta and Millennium Capital Associates LLC of Lexington, KY. Both are two-employee shops that will hold their existing locations at 1200 Abernathy Rd. in Atlanta and 2333 Alexandria Dr. in Lexington. Tim Kinney, president of the two-year-old Riverhill, remains in place as does Walter Dyminski, managing director for the seven-year-old Millennium.

The push for a coast-to-coast, brand-building presence has the office count up to nine, mostly in the West, but eight more, all in the Southeast, are expected to be bought in the next year, Jonathan Morris, BMC Capital's president, tells GlobeSt.com. He's already engaged in talks with two firms in Miami and Tampa, part of a plan to add four more offices this quarter. Other buyouts can be expected in and around Baltimore, Washington, DC, Nashville and metro hubs in North Carolina. "The only question for BMC is if there is a suitable candidate for acquisition," Morris says, "or would we have to go in and build it from scratch." That was the case in Phoenix.

Morris says BMC Capital has tripled sales volumes to about $1 billion annually in the past year with its shopping spree of small competitors. The two-year goal is to acquire 40 offices in its niche market, $500,000 to $5 million.