Focus Financial Partners, an interdependent partnership of wealth management, business management, and financial services firms, announced that it has entered into a definitive agreement under which Seattle, WA-based Merriman Wealth Management will join Focus Partners Wealth. This deal is expected to close on February 1, 2025, subject to customary closing conditions. Upon the completion of this deal, Merriman is expected to add approximately $4.16 billion, measured as of September 30, 2024, to Focus Partners Wealth’s regulatory assets under management.
Merriman had joined Focus as a network firm in 2012 and they deliver personalized financial advice to clients around the country. During Merriman’s history, the firm has remained committed to its core mission, the Merriman Method, which equips clients with reliable, intelligent information to help them make informed choices about their financial futures.
Merriman, with a team of over 55 members primarily across the Pacific Northwest, will gain access to extensive planning and investing services through Focus Partners Wealth and enhance its own wealth advisory capabilities. Plus, Focus Partners Wealth will gain the ability to utilize Merriman’s network of trusted advisors to strengthen its footprint in the key Pacific Northwest market.
As part of the deal, Jeremy Burger, CEO of Merriman, will join Gerry Goldberg, Wendy Hartman, and Sheila Ryan as a Division President at Focus Partners Wealth, further building out its national advisory leadership team and supporting advisors across the country.
This deal will mark the ninth for Focus Partners Wealth since January 1, 2024, highlighting the momentum of Focus’ forward-looking strategy.
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“Our focus has always been to deliver excellent client service, offering outstanding advice, solutions, and long-term strategic guidance. By joining Focus Partners Wealth, we will have even greater capacity to empower our clients with the expertise, confidence, and peace of mind they need to meet their financial goals.”
- Jeremy Burger, CEO of Merriman
“Merriman has earned a reputation for helping clients not only overcome the challenges they face but also surpass their expectations for what’s possible when it comes to planning their financial futures. From their tailored financial planning and investment management capabilities to their high-touch service approach, Merriman shares our philosophy of putting clients’ interests and their evolving needs first, and we’re thrilled to welcome their team of like-minded advisors into the fold.”
- Adam Birenbaum, CEO of Focus Partners Wealth
“Merriman and Focus Partners Wealth are dedicated to serving, empowering, and meeting the needs of their clients. We’re excited to see what they accomplish together to provide even more and greater opportunities to their clients.”
- Michael Nathanson, CEO of Focus