Burns Advisory Group, an Oklahoma City-based registered investment advisor, is merging with Executive Financial Group, a Dallas-based RIA, creating a wealth manager with around $600 million client assets.

As a condition of the merger, Executive Financial founder Jerry Georgopoulos will become a full partner in Burns Advisory Group and John Burns, founder of the eponymous firm, will acquire an equal share in Executive Financial. Both companies will then maintain their existing offices and staff, as well as their respective mission statements.

Burns Advisory, which also has an office in Connecticut, focuses on financial planning and investment management, while Executive Financial specializes in the financial challenges faced by senior corporate executives and employee stock ownership plan. The firms will aim to leverage each other's resources, and in that way expand into new markets.