Roulston & Co. Investment Management and The Hickory Group, two investment advisors based in Cleveland, will merge, the companies announced last week. Roulston & Company Investment Management is the advisor to the Roulston family of mutual funds.

Scott Roulston, CEO of Roulston, will become the CEO of the merged organization. Paul Abbey, Hickory's founder, will become senior managing director and chairman of the new firm's investment committee, and Kenneth Coleman, Roulston's COO, will retain that title for the new firm.

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