Merchant Investment Management, a New York-based private partnership that\u00a0provides growth capital and other support to independent financial services firms, is bringing family office services to the advisory firms in its network via an investment stake.<\/p>\n
Merchant has taken a minority stake in Emerge Business Management, a business management, financial planning, and business consulting company in Encino, Calif. The partnership will give Merchant partner firms access to Emerge\u2019s family office services, including personal CFO services for ultra-high-net-worth clients.\u00a0<\/p>\n
“Our clients benefit most when investment management is fully aligned with the broader context of their lives, values and long-term goals,\u201d said Patrick Bowen, president of One Capital Management, one of Merchant\u2019s partner firms. \u201cThe addition of Emerge to\u00a0Merchant\u2019s ecosystem creates a powerful framework where advanced planning, disciplined investment management and day-to-day family office services work together seamlessly to support families across generations.\u201d<\/p>\n