Merit Financial Advisors Acquires TL Financial Group
January 23, 2026
Merit Financial Advisors has acquired TL Financial Group, a Southgate, Michigan-based wealth management firm, adding approximately $217 million of client assets and establishing Merit's first office in Michigan (Detroit metro). The transaction closed on January 23, 2026; TL founder Tony LaJeunesse will join Merit as wealth manager, area director, and partner. Financial terms were not disclosed.
- Buyers
- Merit Financial Advisors
- Targets
- TL Financial Group
- Industry
- Financial Services
- Location
- Michigan, United States
- Transaction Type
- Buyout
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