Wealth Management Acquisitions in Tennessee
Tennessee Wealth Deals and Strategies
Tennessee wealth management acquisitions often center on expanding regional presence—especially around Nashville and other major metros—while adding client-facing services such as family-office support, retirement planning, and high-net-worth wealth management. Recent transactions on this page include activity from Mercer Global Advisors, Osaic, Summit Wealth Group, and Sequoia Financial Group.
A recurring theme is integration of specialized capabilities into a broader platform. For example, Osaic, Inc. acquired Innovative Wealth Team to add turnkey advisor succession and continuity solutions, while Mercer Global Advisors acquisitions in Memphis and Gallatin brought financial planning and family-office resources into a national RIA platform.
Across 2020–2026 deals, buyers also emphasize leadership continuity. In the Tennessee transactions listed here, founder or executive roles are noted as continuing within the acquiring organization—for instance, Premier Private Wealth’s CEO joining Summit Wealth Group to lead new family office services in Franklin.
What Stands Out
- Mercer Global Advisors appears repeatedly, acquiring Tennessee advisory firms in both the Nashville metro area (Gallatin) and Memphis.
- Osaic, Inc. focuses on supported independence via succession and continuity offerings after its majority-stake acquisition of Innovative Wealth Team.
- Summit Wealth Group’s Tennessee activity includes a merger that adds Family Office Services and leadership for a new Franklin office.
- Sequoia Financial Group and TRUE Capital Management add Nashville-area capabilities through acquisitions of SEC-registered and boutique wealth management practices.
- The listed deals span multiple Tennessee geographies, including Nashville/Franklin-area, Gallatin, Memphis, and Knoxville.
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February 7, 2026
- Buyer
- Summit Wealth Group
- Target
- Premier Private Wealth
- Industry
- Wealth Management
- Location
- Tennessee, United States
- Type
- Buyout
Summit Wealth Group has merged with Premier Private Wealth, a Franklin/Nashville-area wealth management firm with $470 million in AUM, expanding Summit’s presence in Tennessee and lifting combined AUM to about $3 billion. The deal also launches Summit Wealth Group Family Office Services, with Premier CEO Michael Comstock joining Summit as Head of Family Office Services and leading the new Franklin office.
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- Buyer
- Osaic, Inc.
- Target
- Innovative Wealth Team
- Industry
- Wealth Management
- Location
- Tennessee, United States
- Type
- Addon
Osaic, Inc. acquired a majority interest in Innovative Wealth Team, a Nashville-based advisor succession and wealth management practice that manages approximately $700 million in assets. The deal expands Osaic's supported independence offering by adding turnkey succession and continuity solutions for advisors nearing retirement.
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- Buyer
- Mercer Global Advisors, Inc.
- Target
- Vishria Bird Financial Group, LLC
- Industry
- Wealth Management
- Location
- Tennessee, United States
- Type
- Addon
Mercer Global Advisors, a national RIA, has acquired Vishria Bird Financial Group, a Memphis-based financial planning and advisory firm managing $583 million in assets. The acquisition expands Mercer’s footprint in Tennessee and gives Vishria Bird access to Mercer’s family office, back‑office and specialized investment resources; Houlihan Lokey acted as exclusive advisor to Vishria Bird.
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February 19, 2025
- Buyer
- Mercer Global Advisors, Inc. (Mercer Advisors)
- Target
- Financial Partners Group
- Industry
- Wealth Management
- Location
- Tennessee, United States
- Type
- Buyout
Mercer Global Advisors (Mercer Advisors) has acquired Financial Partners Group (FPG), an investment advisory and financial planning firm based in Gallatin, Tennessee that manages $660 million in client assets. The deal expands Mercer’s presence in the Nashville metro area and brings FPG’s family-office and retirement-planning capabilities into Mercer’s national RIA platform.
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October 20, 2023
- Buyer
- Sequoia Financial Group, LLC
- Target
- M Capital Advisors
- Industry
- Wealth Management
- Location
- Tennessee, United States
- Type
- Buyout
Sequoia Financial Group has entered into an agreement to acquire Nashville-based M Capital Advisors, an SEC-registered wealth management firm managing approximately $930 million in assets. The acquisition expands Sequoia's wealth management capabilities and high-net-worth client offerings; the transaction was expected to close by Oct. 31, 2023 and financial terms were not disclosed.
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- Buyer
- TRUE Capital Management LLC
- Target
- FS Wealth Sports & Entertainment
- Industry
- Wealth Management
- Location
- Tennessee, United States
- Type
- Buyout
TRUE Capital Management, a San Francisco-based wealth management firm, has acquired Nashville boutique FS Wealth Sports & Entertainment. FS Wealth founders Bret Fincher and Chris Stout will join TRUE as Managing Directors to lead the Nashville office; MHB Advisers served as TRUE Capital's exclusive advisor on the deal.
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June 16, 2020
- Buyer
- The Mather Group
- Target
- Resource Advisory Services
- Industry
- Wealth Management
- Location
- Tennessee, United States
- Type
- Buyout
The Mather Group (TMG), a family- and employee-owned wealth management firm headquartered in Chicago, has acquired Knoxville-based Resource Advisory Services, a fiduciary-only RIA with $116 million in assets under management. The deal expands TMG’s footprint in the Southeast and increases its AUM, while Resource Advisory Services’ founder David Lewis joins/partners with TMG under its fiduciary, fee-only platform.
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Frequently Asked Questions
Which buyers are most active in Tennessee wealth management acquisitions on this page?
The page highlights recurring buyers including Mercer Global Advisors, Inc. (Mercer Advisors), Summit Wealth Group, Sequoia Financial Group, LLC, Osaic, Inc., TRUE Capital Management LLC, The Mather Group, and Summit Wealth Group.
What types of capabilities are commonly added in these Tennessee deals?
Across the listed transactions, buyers emphasize family-office and retirement-planning capabilities, high-net-worth wealth management, and—via Osaic—advisor succession and continuity solutions.
Where are the deals concentrated geographically within Tennessee?
The page’s transactions are located across Tennessee, with multiple deals tied to the Nashville/Franklin area, plus Gallatin, Memphis, and Knoxville.
Do any deals mention leadership or founder continuity after the acquisition?
Yes. Several summaries note continued leadership roles—for example, Premier Private Wealth’s CEO joining Summit Wealth Group to lead family office services, and founders taking roles with the acquiring firm in other transactions.