Brown Advisory has entered into a definitive agreement to join forces with Austin-based RIA, Meritage Capital.
Meritage was founded in 2003 by Alex Smith and Tom Meredith. The firm serves family offices, high-net-worth individuals and institutions, and specializes in hedge fund investment solutions. Today, Meritage manages more than $1 billion for clients via custom portfolios, proprietary commingled strategies and liquid alternatives.
The transaction is subject to customary closing conditions, including certain client consents with respect to Meritage's funds.
