Merit Financial Advisors buys Yeomans Consulting Group

Acquisition Overview - Merit Financial Advisors has acquired Yeomans Consulting Group, a wealth management firm based in Marietta, Georgia, for an undisclosed sum, adding approximately $434 million in assets to Merit's portfolio [1] - This acquisition marks Merit's fifty-sixth acquisition, following the recent purchase of Glenn Co, which added about $208 million in assets [2] Strategic Implications - The deal is expected to enable accelerated growth, operational stability, and support for Yeomans, with both Randy and Nicholas Yeomans becoming wealth managers and partners at Merit [1][2] - The acquisition aligns with Merit's commitment to strategic growth and the expansion of its partnership with SEI [3] Team Integration - Yeomans' operations, compliance, and client service teams will also join Merit, enhancing the overall capabilities for clients and providing growth opportunities for staff [2][4] - Both Randy and Nicholas Yeomans expressed enthusiasm about the partnership, highlighting the cultural alignment and the benefits for clients and team members [2] Company Profile - Merit is headquartered in Atlanta, Georgia, and managed $24.69 billion in assets as of January 1, 2026, operating more than 55 offices across the United States [3]