Merit Financial Advisors Acquires $888M Advisor Team Led by Tim Brennan
Merit Financial Advisors has acquired the financial advisory practice of veteran advisor Tim Brennan and his team, adding approximately $888 million in client assets. This acquisition expands Merit's presence in the Chicagoland area and marks its eleventh partnership in 2026. Brennan previously operated through a firm affiliated with Commonwealth Financial Network for nearly 27 years before joining Merit. With over 37 years of experience, Brennan serves more than 1,000 households, focusing on business owners and high-net-worth families. His team is based in Deerfield, Illinois. Merit now manages $32.92 billion across its national network of over 70 offices after completing 62 acquisitions to date. The firm aims to leverage Brennan's experience along with next-generation talent for continued regional expansion.
Topics: acquisition expansion financial advisory wealth management