Group RHI Acquires Merit Benefits Group

Merit Financial Advisors Acquires Strategic Retirement Plans

March 27, 2026

Wealth Management

Merit Financial Advisors acquired Strategic Retirement Plans (SRP), an independent wealth management firm headquartered in Billings, Montana with an additional office in Gillette, Wyoming. SRP manages approximately $586 million in total client assets and serves roughly 800 households; its owners and advisors, Gabe Lapito and Ryan Gomendi, joined Merit as Area Directors, Wealth Managers and Partners. The transaction was finalized on March 27, 2026, and SRP will rebrand to Merit Financial Advisors.

Knighthead Insurance Group Acquires Merit Life Insurance Co.

January 14, 2025

Insurance

Knighthead Insurance Group has acquired Merit Life Insurance Co., rebranding the business as Knighthead Life and launching U.S. operations focused on annuities and retirement solutions. The acquisition supports Knighthead's strategic expansion into the United States and the rollout of multi-year guaranteed annuity (MYGA) products backed by an AM Best A- rating.

Wealth Enhancement Group Acquires Retirement Advisory Group

November 8, 2023

Financial Services

Wealth Enhancement Group, a national independent wealth management firm, announced the acquisition of Retirement Advisory Group, a hybrid RIA based in Eden Prairie, Minnesota, bringing roughly $150 million in client assets and a five-person team into Wealth Enhancement's platform. The deal expands Wealth Enhancement Group's Twin Cities presence and increases its assets under management.

HUB International Acquires Assets of Renaissance Benefit Advisors Group, LLC

November 6, 2023

Financial Services

Hub International Limited has acquired the assets of Renaissance Benefit Advisors Group, LLC, a retirement plan consulting and institutional investment advisory firm. The RBA founder Ellen Lander and her team will join Hub Mid-Atlantic as Hub expands its retirement consulting capabilities and presence in the Northeast.

Millennium Trust Acquires Benefit Resource (BRI)

July 13, 2023

Financial Services

Millennium Trust Company, LLC has acquired Benefit Resource, LLC (BRI), a provider of FSAs, HRAs, HSAs, commuter plans and COBRA administration, to expand its health, wealth, retirement and benefits offerings. BRI, headquartered in Rochester, New York, supports more than 400,000 participants across 5,500+ employer plans and has more than 200 employees; the acquisition is intended to broaden Millennium Trust's capabilities and SMB market reach.

Wealth Partners Capital Group and HGGC Invest in Merit Financial Group

December 31, 2020

Financial Services

Merit Financial Group, a hybrid RIA based in Alpharetta, Georgia, received a strategic growth investment from Wealth Partners Capital Group (WPCG) and a group of supporting investors led by private equity firm HGGC. The capital and partnership will support Merit's organic growth and accelerate its M&A strategy to expand its national footprint and advisor partnerships; Merit's management entered into long-term employment agreements and the deal closed December 31, 2020.