Merit Financial Advisors Acquires Towson Wealth Management
July 31, 2026
Merit Financial Advisors acquired Towson Wealth Management, a Towson, Maryland wealth management firm overseeing about $502.5 million in total client assets. The deal, finalized July 17, 2026, expands Merit’s Mid-Atlantic presence and brings Towson’s CEO and entire four-person team into Merit, with Towson rebranding as Merit Financial Advisors.
- Buyers
- Merit Financial Advisors
- Targets
- Towson Wealth Management, LLC
- Platforms
- Merit Financial Advisors
- Industry
- Financial Services
- Location
- Maryland, United States
- Transaction Type
- Buyout
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