Merit Financial Acquires Consilium

September 10, 2021

On August 2, 2021, it was announced that Merit Financial Advisors acquired Consilium Financial Group.

Under the terms of the agreement, Merit Financial Group, LLC (“Merit”) acquired Consilium Financial Group (“Consilium”). The transaction, which closed on July 30, was financed with an unspecified mix of cash and equity. Further terms of the deal were not disclosed.

Merit, doing business as Merit Financial Advisors, is based in Alpharetta, Georgia. Merit is a registered investment advisor that provides wealth and investment management services to individuals and families and business support and services to its independent advisor partners. As of June 30, 2021, Merit managed approximately $5.59 billion in assets.

Consilium, based in Roswell, Georgia, is a comprehensive wealth management firm, providing risk management, estate planning, tax planning, and investment services to high-net-worth individuals and families. Consilium manages approximately $291 million in assets.

To read the press release: please click here.


Categories

Investment Manager M&A, Transactions