State Financial Services Corp., Hales Corners, Wis., has agreed to buy Lokken, Chesnut & Cape Inc., an investment management firm in Lacrosse, Wis., for an undisclosed amount.

The acquisition would allow $418 million-asset State to offer financial and estate planning services to its customers. Lokken, Chesnut & Cape, which has $95 million of assets under management, would retain its name, location, and client base as a State subsidiary.

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