Beese Fulmer Private Wealth Management and MacNealy Hoover Investment Management will merge this fall. On Oct. 1, Beese Fulmer will officially become custodian of MacNealy Hoover clients' accounts.

Following the move, Canton investment adviser Beese Fulmer will have nearly $1 billion in assets under management, placing the firm among the top 10 money managers in Northeast Ohio based on assets under management.

MacNealy Hoover advisers and staff members will move to Beese Fulmer's downtown Canton location, bringing the firm's total employment to 11.