Merit Financial Advisors completed the acquisition of Sanctuary Wealth Management and Fiduciary Services for $1.6bn.

Wealth Partners Capital-backed Merit Financial Advisors, a Georgia-based financial advisory firm, completed the acquisition of Sanctuary Wealth Management, a financial planner, and Fiduciary Services, a financial services company, for $1.6bn. "We are regularly working to strengthen Merit by expanding our ability to serve more clients within the West Coast, a goal we've achieved through our partnership with Sanctuary Wealth Management and the Fiduciary Services teams. With more than 20 years of experience serving high-net-worth clients and corporate clients, Brett, Clay, Joel, and their team will help elevate our expertise in these areas. Partnering with Fiduciary Services also allows us to continue to build out our corporate plan offerings. Merit is committed to partnering with leaders who bring deep industry knowledge, Sanctuary and Fiduciary Services has proven to meet that standard," Tait Lane, Merit Managing Principal and Partner.