Merit Acquires Towson Wealth Management
On July 28, 2026, Merit Financial Advisors announced its acquisition of Towson Wealth Management.
Merit Financial Advisors (“Merit”) announced on, July 28, 2026, its acquisition of Towson Wealth Management (“Towson”). Under the terms of the transaction, which closed July 17, 2026, two advisors and a client services manager from Towson will join Merit. Further, Towson chief executive Kurt Wiegert will assume the role of wealth manager and partner at Merit. Further terms of the deal were not disclosed.
Merit, based in Atlanta, is a hybrid registered investment advisor that provides financial planning and wealth management for high-net-worth individuals and families. Merit manages approximately $26 billion in client assets.
Towson, based in Towson, Maryland, is a wealth management firm that specializes in personal wealth management and financial planning. Towson has approximately $503 million in assets under management.
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