Pradel Financial Group Acquired by Merit Financial Advisors | Financial Services M&A Deal

Merit Financial Advisors has acquired Pradel Financial Group, a wealth management ria business in Georgia, for $420 million. Pradel Financial Group provides wealth management services for clients across the Pacific Northwest, supporting advisory-led portfolio management and financial planning. Merit Financial Advisors acquisitions expand its financial services footprint through a wealth management ria acquisition, strengthening client coverage and growth in GA acquisitions. The add on acquisition is part of financial services M&A led by a strategic buyer, with Merit Financial Advisors acquisitions positioned as a strategic acquisition and add on acquisition.