On July 10, 2025, Merchant Investment Management announced its minority stake in Stone Temple Partners.
Merchant Investment Management (“Merchant”) announced on July 10, 2025, its minority stake in Stone Temple Partners (“STP”). STP’s team will remain in place under the terms of this minority stake. Further terms of the transaction were not disclosed.
Merchant, based in New York, is an alternative asset management firm that also invests in and serves as a lender to registered investment advisors. Merchant manages approximately $230 billion in client assets.
STP, based in Darien, Connecticut, is a registered investment advisor offering financial planning, wealth management and tax planning services. STP has approximately $620 million in client assets.
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