Advisory firms managing $557 million merge into Merit Financial

Advisory firms managing $557 million merge into Merit Financial
Biltmore Capital and Stone Creek Capital are based in New Jersey and Florida.
JAN 10, 2022

Biltmore Capital Advisors, a registered investment adviser managing $557 million, and its sister company, Stone Creek Capital Management, which offers a range of consulting services, have merged into Merit Financial Advisors, a diversified Atlanta, Georgia-based financial advisory firm managing $5.59 billion.

Terms of the transaction were not disclosed.

Biltmore and Stone Creek are based in Boca Raton, Florida, and Princeton, New Jersey. Stone Creek, which offers services to those seeking margin lending, portfolio reporting, research, and other consulting services, will continue to operate as a stand-alone business line within Merit, the company said in a release. Biltmore and Stone Creek are led by D. Tyler Vernon and Timothy Ralph, both of whom will assume new roles at Merit and will be joined by their entire team.

Latest News

The 2025 InvestmentNews Awards Excellence Awardees revealed
The 2025 InvestmentNews Awards Excellence Awardees revealed

From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.

Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty
Top RIA Cresset warns of 'inevitable' recession amid tariff uncertainty

Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.

Edward Jones joins the crowd to sell more alternative investments
Edward Jones joins the crowd to sell more alternative investments

“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.

Record RIA M&A activity marks strong start to 2025
Record RIA M&A activity marks strong start to 2025

Sellers shift focus: It's not about succession anymore.

IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients
IB+ Data Hub offers strategic edge for U.S. wealth advisors and RIAs advising business clients

Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.