Stanford Investment Group Inc. will merge with wealth management firm Aspiriant.

Stanford manages about $850 million in assets for 260 clients and their families. Stanford's team will remain in its current Mountain View, Calif., office.

The transaction is expected to close Jan. 31, 2017.

With the merger, Aspiriant will have added $1.7 billion in assets and about 600 clients as a result of its mergers with other independent wealth management firms over the past year.

Terms of the deal were not disclosed.