Merit Financial Group, an Atlanta-based hybrid that manages and advises on $5.59 billion, has acquired Consilium Financial Group, a Roswell, Georgia-based firm managing and advising on $291 million.
Terms of the acquisition were not disclosed.
Consilium, whose entire staff will join Merit, was founded by Kirk Wilkerson and Andy Lubben, who will join Merit as regional directors. The firm has used Merit’s investment offerings and operational support since 2015.
A Nationwide survey finds 47% of GLP-1 users have never discussed the drugs’ financial impact with an advisor, even as many dip into savings.
The hundreds of millions of dollars from a sale of Inspired Healthcare properties does not mean an immediate windfall for investors.
Its SEC filings said one thing - a congressional probe said another.
Sham agreements allegedly padded revenue by 345%.
"Most pre-retirees are uncomfortable making key retirement income decisions without an advisor's help," said Chris Bailey of Cerulli.
Knighthead Life entered the market with a competitive MYGA. A strong launch earned advisor confidence and paved the way for FIAs.
As AI makes financial information more accessible than ever, Lana Hock explains why human judgment, trust, and empathy remain the qualities clients value most in a financial advisor