On January 7, 2025, Merit Financial Advisors announced its acquisition of Zimmermann Investment Management & Planning.
Merit Financial Advisors (“Merit”) announced January 7, 2025, that it acquired Zimmermann Investment Management & Planning (“Zimmermann”) in a transaction that was finalized on December 20, 2024. As part of the transaction, Zimmermann’s President and Investment Advisor Representative, Curt H. Zimmermann, will transition to a new role as Partner and Wealth Manager at Merit and will be joined by the rest of his team. Further terms of the deal were not disclosed.
Merit, based in Atlanta, Georgia, is a hybrid registered investment advisor that provides financial planning and wealth management for high-net-worth individuals and families. As of June 2024, Merit had approximately $11.84 billion in client assets, including $8.8 billion in advisory, $2.8 billion in brokerage assets and $253 million in assets under advisement.
Zimmermann, based in New Cumberland, Pennsylvania, is an investment management firm specializing in investment management, retirement and estate planning. As of the acquisition, Zimmermann had approximately $739 million in assets.
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