On March 5, 2021, Merchant Investment Management, LLC announced its partnership with Axiom Financial Strategies Group, LLC.
Under the terms of the transaction, Axiom Financial Strategies Group, LLC (“Axiom”) has partnered with Merchant Investment Management, LLC (“Merchant”), with Axiom to receive a minority equity stake in Merchant. Terms of the deal were not disclosed.
Axiom, based in New Albany, Indiana, is a registered investment advisor that specializes in providing financial planning, wealth management, and transition/succession strategies to individuals, families, family enterprises and entrepreneurs. Axiom has approximately $450 million in assets under management.
Merchant, based in New York, is a private partnership that specializes in providing growth capital, management resources, strategic opportunities and advice to independent financial services companies.
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