Boston FinancialManagement LLC has mergedwith Emerson Investment ManagementLLC, Boston citybizlist reported May 3.

Both companies are based in Boston. The combined entity willoperate as Boston Financial Management. Following the merger, Boston Financial nowhas about $1.8 billion of client assets under management.

Mike Brown will remain as president and CEO. Brad Weafer willserve as chief investment officer to lead the investment research team.