Merit Financial Advisors a Georgia-based financial advisory firm that specializes in financial planning and wealth management solutions for high-net-worth individuals and families and those navigating life transitions, today announced it has acquired Tedstrom Wealth Advisors, Inc. ("Tedstrom Wealth") and I.M. Wealth Care, LLC ("IMWC"). The firms, which are located in the Denver area, will establish Merit's presence in the region.

Tedstrom Wealth Advisors, founded by Peter Tedstrom, CFP®, is an advisory firm with a focus on wealth management and financial planning. Mr. Tedstrom has more than 38 years of experience servicing clients across the country and has been recognized as one of the industry's top financial advisors. Peter will assume the role of Regional Director at Merit.

"I'm thrilled our team is joining forces with Merit Financial Advisors. We evaluated a number of different potential partners, but Merit's team checked all the boxes," said Peter. "This transition will allow our team to centralize select operations, deliver economies of scale and provide more time for my team to personally connect with clients and prospects."

IMWC specializes in financial planning, investment management, and business consulting, including the design and management of company retirement plans. The firm, which has offices in Greenwood Village and Colorado Springs, Colorado, has been an Independent Advisor Partner of Merit's for nearly three years. IMWC will continue to leverage Merit's back-office and operational expertise and the team will be led by Kate Redden, CFP®. With more than 20 years of financial services experience, Kate will assume the role of Managing Partner at Merit.