Merger Creates One of the largest Wealth Management Firms in the Northwest
SEATTLE (April 18, 2016) – Merriman Wealth Management, LLC today announced that Summit Capital Management, LLC, a Northwest-based boutique financial services firm, has merged with Merriman, a Focus Financial Partner firm. This merger makes Merriman one of the largest wealth management firms in the Pacific Northwest.
Summit Capital’s approach has been team-based investment research and management partnered with a client-centric service model. Dave Martin, Matt Rudolf, Rob Martin, and the staff and leadership team of Summit will continue to support their clients as part of the Merriman team.
“The leadership team at Summit Capital has created an amazing firm focused on exceptional client service and robust portfolio management. This merger allows us to extend Merriman’s comprehensive wealth management process to Summit’s clients, and make additional portfolio strategies available to the clients of both firms,” said Colleen Lindstrom, Merriman’s CEO.
Summit has been in conversations with Merriman and its parent firm, Focus Financial Partners, for the past year. With complementary strengths and a clear focus on the team approach to advising clients, it became clear this merger would be a great cultural match. Rob Martin, Managing Partner of Summit Capital commented, “This combination brings together two terrific firms with a similar, client-oriented approach, providing comprehensive investment management and wealth advisory services.”
This merger is part of Merriman’s overall regional growth strategy. Merriman will continue to maintain Summit Capital’s Spokane office, adding to its existing Seattle office and recently-added Portland location. Summit Capital will assume the Merriman name, and Summit Capital’s Seattle employees will be based in Merriman’s current Seattle office.
P.S. Don't LET YOUR FRIENDS MISS OUT. Share this article:
At Merriman, we manage your wealth so you can lead your best life. We take care of the financial planning and investment management, so you can deal in more possibilities and have the space you need to dream big.
Because it’s time to stop asking "What should I do?" and start saying, "This is what I could do."
Articles Straight to Your Inbox
Subscribe to Merriman's Envision Newsletter to receive in-depth articles and expert commentary, delivered monthly to your inbox:
"*" indicates required fields