Merit Financial Advisors hires advisor team with $900M AUM in Chicago expansion.

Merit Financial Advisors appointed a senior role on September 18, 2026.

Primary

Merit Financial Advisors

Amount

$900M

Date

September 18, 2026

Sub-sector

Wealthtech

This is a personnel/team acquisition by a traditional wealth advisor firm, not a fintech acquisition or strategic shift relevant to sub-$250M fintech founders. The news reflects consolidation in traditional advisory, not competitive pressure or new buyer appetite in fintech subsectors.

Primary company

Merit Financial Advisors

Counterparty

Not disclosed

Amount

$900M

Event date

September 18, 2026

Sub-sector

Wealthtech

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PR Newswire

Source: prnewswire.com