Merit Financial Advisors continues its aggressive expansion in the wealth management sector. The Atlanta-based firm recently recruited The Bridgeway Group, a team operating out of Los Angeles, to its platform. This new addition brings roughly $900 million in advisory and brokerage assets to the firm.
The Bridgeway Group consists of nine professionals, including five advisors. Key leaders Matthew B. Dupon, Sean A. Montgomery, and Scott E. Miller have joined Merit as equity partners. The group also features advisors Leo Wai and Arin Hovanesian along with four support staff members. The team officially adopted the Merit brand following the deal closure on July 31.
This transaction marks a significant trend for both firms involved. Since Commonwealth Financial Network announced its sale to LPL Financial in early 2025, Merit has successfully brought over six teams from the Commonwealth network. Other recent acquisitions include groups based in Texas and Chicago, indicating a broader strategy to capture advisor talent moving away from the LPL-owned entity.
Leadership at Merit emphasized that their growth strategy focuses on supporting advisors who work directly with clients. Matthew Dupon noted that the accessibility of Merit’s internal leadership influenced the decision to switch firms. This move represents the ninth acquisition for Merit so far this year as the firm continues to build on the momentum established throughout 2025.
Merit is currently backed by Constellation Wealth Capital and maintains majority ownership through its own leadership and employees. With over 150 advisors now on the roster, the firm is positioning itself as a major player in the RIA space. The terms of the latest deal remain undisclosed as the industry watches the movement of assets between these large organizations.