Merchant Investment Management, a New York–based private partnership that provides growth capital and other support to independent financial services firms, has taken a minority, non-controlling interest in Concurrent Advisors, a super office of supervisory jurisdiction of Raymond James Financial Services. San Diego–based Concurrent supports 55 advisory teams and a total $12.2 billion in client assets, Merchant’s biggest deal to date.

Concurrent Advisors, a company that helps breakaway financial advisors set up independent practices affiliated with Raymond James, has sold a minority stake to Merchant Investment Management.

Merchant Investment Management announced a minority equity investment in Concurrent Advisors, a partnership of independent wealth managers affiliated with Raymond James Financial Services, Inc. (RJFS), bolstering Concurrent’s offering to fuel growth and create alignment within its rapidly expanding network.

U.S. Capital Advisors and Legacy One Financial Advisors Merge Forces to Create One of the Largest Independent Wealth RIAs in Texas, Focused on Empowering Others

Merchant Investment Management, LLC, today announced its partnership with Axiom Financial Strategies Group, a boutique wealth planning firm focused on business owners, entrepreneurs, and families—a move that will help propel Axiom’s growth initiatives.

Alaris Acquisitions, a team of merger-and-acquisition experts led by Allen Darby that works with a select group of wealth management firms by sourcing, negotiating, and closing new acquisition opportunities, announces its partnership with Merchant Investment Management, LLC.

A $1.4 billion registered investment advisory firm, announces the appointment of Cristina Campabadal to spearhead its continued growth in Latin America (LatAm) and Spain.

Merchant Investment Management, LLC, today announced its partnership with Miracle Mile Advisors, an independent investment advisory firm based in Los Angeles with $2 billion in assets under management.

Independent wealth advisory firm Baldwin Brothers, LLC today announces its partnership with Merchant Investment Management, LLC to ignite the next phase of the firm’s growth. The $1.2 billion RIA, founded in 1974, has received a minority equity investment from Merchant designed to propel the firm’s expansion initiatives.

The deal is ‘emblematic of the evolution that’s taking place in the wealth management industry,’ according to Merchant executive chairman Marc Spilker.

Corient Capital Partners, LLC, an independent wealth advisory firm with $3.1B of assets under management (AUM), announced today that it has formed a strategic partnership with Merchant Investment Management, LLC to fuel the growth of its business.

Sunpointe Investments, a leading investment consultant to high net worth families, family offices, and entities, announced that it has established a partnership with Merchant Investment Management, LLC

Elk River Wealth Management, a new RIA backed by a pair of ex-Envestnet executives, has added a $230m duo of advisors in Omaha, Neb.

Mary Ballin has joined Perigon from $2.3bn Private Ocean, where she managed roughly $75m.

Apollon Wealth Management has made investments in two RIAs and is launching a new family office for Adi Dassler's heirs.

Privately-held, SEC Registered Investment Advisory Firm to Deliver Personalized, Fee-Only Financial Services. Merchant Has Taken a Minority Stake in the Firm.

The regulator has yet to say whether it will consider pushing back the June 30 effective date of its new standard for brokers, but the challenges posed by the coronavirus outbreak are increasingly apparent.

Elk River Wealth Management, LLC is proud to announce that it has officially launched as an independent Registered Investment Advisor (RIA).

Signet Financial Accelerates is excited to announce its partnership with Merchant Investment Management, LLC. As part of the deal, Signet will receive a minority equity investment to help drive its sophisticated experience for high-net-worth clients and support the firm’s long-term growth strategy, all while retaining its independence.

Merchant Investment Management (Merchant) has completed a transaction to take a minority stake in the Wealth Advisor Growth Network (WAGN). The company, founded by John Phoenix and Jay Hummel in October of 2019, is focused on establishing new, optimizing existing, and growing independent wealth firms as well as the best in class firms that serve them.