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February 11, 2022

Merchant acquires minority stake in Fusion Family Wealth

Merchant Investment Management has acquired an undisclosed minority stake in Fusion Family Wealth as part of its strategic partnership with the firm.

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Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

Financial details of the deal were not disclosed.

Founded in 2013, Fusion specialises in behavioural-based wealth planning strategies and investment management services.

The firm oversees more than $1bn in assets on behalf of private households, as well as 401(k) retirement plans for professional service organisations, including accounting and law firms.

Merchant’s minority investment will enable Fusion to tap additional growth opportunities and expand its presence in the behavioural finance space.

As part the partnership, Merchant will extend its M&A resources to support Fusion’s organic as well as inorganic growth.

Merchant managing partner Tim Bello commented: “The team at Fusion has built a behavioral finance engine that could only come from the registered investment advisory (RIA) world.

“Jon’s behavioral vision is brilliant, and he and Chief of Staff Amy Blau are long standing personal friends. That personal connection sits at the top of the list for me. Being shoulder to shoulder with people we know and can trust.”

The latest deal comes following a series of strategic investments by Merchant in the RIA space.

Earlier this month, the firm took minority equity ownerships in Minnesota-based Summit Investment Advisory Service and River Wealth Advisors.

In December last year, Merchant announced a long-term, minority stake investment in $3bn multi-shore firm Brainvest Wealth Management. The deal was part of the firm’s effort to accelerate strategic opportunities across the US, Latin America, Europe and Asia.

Free Report
img

Analyze opportunies within the wealth management market in APAC

GlobalData’s ‘Asia-Pacific Wealth Management: Market Sizing and Opportunities to 2026’ report provides a comprehensive overview of the Asia-Pacific (APAC) wealth management market.
  • The report analyzes the APAC wealth and retail savings and investments markets. This includes affluent market size, both by number of individuals and the value of their liquid assets.
  • The affluent population grew by 5.3% in 2021 and is expected to grow at an AAGR of 4.8% between 2022 and 2026.
  • The value of liquid assets held by the affluent segment surged by 8.4% in 2021, backed by economic recovery. HNW individuals’ financial wealth grew by 12%, while mass affluent individuals’ wealth grew by 6.0%.
  • The report provides an analysis of factors driving liquid asset growth. It is also split into asset classes - equities, mutual funds, deposits, and bonds.
  • The affluent population are more risk-tolerant and invest a significant proportion of their investments in risky assets such as equities, compared to emerging affluent and mass market individuals.
The report also provides data and insights on the size of offshore holding of HNW investors in the APAC region.
by GlobalData
Enter your details here to receive your free Report.

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