A 72-year-old man is evaluated for a 6-month history of progressive fatigue, dyspnea with exertion, intermittent drenching night sweats, and a 6.8-kg (15-lb) weight loss. Medical history is unremarkable, and he takes no medications.

On physical examination, the patient appears fatigued. Temperature is 37.0 °C (98.6 °F), blood pressure is 148/86 mm Hg, pulse rate is 88/min, and respiration rate is 16/min. BMI is 24. Neurologic and funduscopic examinations are normal. Lungs are clear to auscultation. Rubbery, 1.5- to 2.5-cm lymph nodes are palpable in the bilateral anterior cervical lymph node chains, right axilla, and bilateral inguinal regions. The spleen is palpable 2 cm below the mid left costal margin.

Laboratory studies:

Hemoglobin

9.4 g/dL (94 g/L)

Leukocyte count

5400/µL (5.4 × 109/L)

Platelet count

184,000/µL (184 × 109/L)

Reticulocyte count

1.5% of erythrocytes

Blood urea nitrogen

20 mg/dL (7.1 mmol/L)

Creatinine

1.1 mg/dL (97.2 µmol/L)

Immunoglobulins

IgG

540 mg/dL (5.4 g/L)

IgA

80 mg/dL (0.8 g/L)

IgM

3882 mg/dL (38.8 g/L)

Lactate dehydrogenase

120 U/L

Protein, total

9.3 g/dL (93 g/L)

A blood smear is unremarkable with the exception of a reduced number of erythrocytes. A direct antiglobulin (Coombs) test is negative. Serum protein electrophoresis and immunofixation reveal a monoclonal IgM κ band measuring 3.2 g/dL.

A bone marrow aspirate and biopsy reveals clonal plasma cells, plasmacytoid lymphocytes, and mature B cells, representing 50% of the overall marrow cellularity without erythroid hyperplasia. CT of the neck, chest, abdomen, and pelvis demonstrates splenomegaly and cervical, axillary, mesenteric, and inguinal lymphadenopathy with lymph nodes measuring up to 3 cm. The lung fields are clear.

Which of the following is the most appropriate management?