Merchant Stakes $2.5B Los Angeles RIA

You can find original article here WealthManagement. Subscribe to our free daily WealthManagement newsletters. 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 stake in IFC Advisors, a Los Angeles-based registered investment advisor with about $2.5 billion in client assets. IFC was founded in 2024 by a group of breakaway advisors from Wells Fargo, including Marc Ackerman, ...