diff --git a/resources/sql/autopatches/20141011.phortunemerchedit.sql b/resources/sql/autopatches/20141011.phortunemerchedit.sql
new file mode 100644
--- /dev/null
+++ b/resources/sql/autopatches/20141011.phortunemerchedit.sql
@@ -0,0 +1,2 @@
+ALTER TABLE {$NAMESPACE}_phortune.phortune_merchant
+  DROP editPolicy;
diff --git a/src/__phutil_library_map__.php b/src/__phutil_library_map__.php
--- a/src/__phutil_library_map__.php
+++ b/src/__phutil_library_map__.php
@@ -2582,11 +2582,13 @@
     'PhortuneErrCode' => 'applications/phortune/constants/PhortuneErrCode.php',
     'PhortuneLandingController' => 'applications/phortune/controller/PhortuneLandingController.php',
     'PhortuneMemberHasAccountEdgeType' => 'applications/phortune/edge/PhortuneMemberHasAccountEdgeType.php',
+    'PhortuneMemberHasMerchantEdgeType' => 'applications/phortune/edge/PhortuneMemberHasMerchantEdgeType.php',
     'PhortuneMerchant' => 'applications/phortune/storage/PhortuneMerchant.php',
     'PhortuneMerchantCapability' => 'applications/phortune/capability/PhortuneMerchantCapability.php',
     'PhortuneMerchantController' => 'applications/phortune/controller/PhortuneMerchantController.php',
     'PhortuneMerchantEditController' => 'applications/phortune/controller/PhortuneMerchantEditController.php',
     'PhortuneMerchantEditor' => 'applications/phortune/editor/PhortuneMerchantEditor.php',
+    'PhortuneMerchantHasMemberEdgeType' => 'applications/phortune/edge/PhortuneMerchantHasMemberEdgeType.php',
     'PhortuneMerchantListController' => 'applications/phortune/controller/PhortuneMerchantListController.php',
     'PhortuneMerchantPHIDType' => 'applications/phortune/phid/PhortuneMerchantPHIDType.php',
     'PhortuneMerchantQuery' => 'applications/phortune/query/PhortuneMerchantQuery.php',
@@ -5644,6 +5646,7 @@
     'PhortuneErrCode' => 'PhortuneConstants',
     'PhortuneLandingController' => 'PhortuneController',
     'PhortuneMemberHasAccountEdgeType' => 'PhabricatorEdgeType',
+    'PhortuneMemberHasMerchantEdgeType' => 'PhabricatorEdgeType',
     'PhortuneMerchant' => array(
       'PhortuneDAO',
       'PhabricatorPolicyInterface',
@@ -5652,6 +5655,7 @@
     'PhortuneMerchantController' => 'PhortuneController',
     'PhortuneMerchantEditController' => 'PhortuneMerchantController',
     'PhortuneMerchantEditor' => 'PhabricatorApplicationTransactionEditor',
+    'PhortuneMerchantHasMemberEdgeType' => 'PhabricatorEdgeType',
     'PhortuneMerchantListController' => 'PhortuneMerchantController',
     'PhortuneMerchantPHIDType' => 'PhabricatorPHIDType',
     'PhortuneMerchantQuery' => 'PhabricatorCursorPagedPolicyAwareQuery',
diff --git a/src/applications/phortune/controller/PhortuneAccountListController.php b/src/applications/phortune/controller/PhortuneAccountListController.php
--- a/src/applications/phortune/controller/PhortuneAccountListController.php
+++ b/src/applications/phortune/controller/PhortuneAccountListController.php
@@ -18,11 +18,7 @@
 
     $merchants = id(new PhortuneMerchantQuery())
       ->setViewer($viewer)
-      ->requireCapabilities(
-        array(
-          PhabricatorPolicyCapability::CAN_VIEW,
-          PhabricatorPolicyCapability::CAN_EDIT,
-        ))
+      ->withMemberPHIDs(array($viewer->getPHID()))
       ->execute();
 
     $title = pht('Accounts');
diff --git a/src/applications/phortune/controller/PhortuneMerchantEditController.php b/src/applications/phortune/controller/PhortuneMerchantEditController.php
--- a/src/applications/phortune/controller/PhortuneMerchantEditController.php
+++ b/src/applications/phortune/controller/PhortuneMerchantEditController.php
@@ -32,6 +32,7 @@
         PhortuneMerchantCapability::CAPABILITY);
 
       $merchant = PhortuneMerchant::initializeNewMerchant($viewer);
+      $merchant->attachMemberPHIDs(array($viewer->getPHID()));
       $is_new = true;
     }
 
@@ -52,6 +53,8 @@
     $e_name = true;
     $v_name = $merchant->getName();
     $v_desc = $merchant->getDescription();
+    $v_members = $merchant->getMemberPHIDs();
+    $e_members = null;
 
     $validation_exception = null;
     if ($request->isFormPost()) {
@@ -59,11 +62,14 @@
       $v_desc = $request->getStr('desc');
       $v_view = $request->getStr('viewPolicy');
       $v_edit = $request->getStr('editPolicy');
+      $v_members = $request->getArr('memberPHIDs');
 
       $type_name = PhortuneMerchantTransaction::TYPE_NAME;
       $type_desc = PhortuneMerchantTransaction::TYPE_DESCRIPTION;
+      $type_edge = PhabricatorTransactions::TYPE_EDGE;
       $type_view = PhabricatorTransactions::TYPE_VIEW_POLICY;
-      $type_edit = PhabricatorTransactions::TYPE_EDIT_POLICY;
+
+      $edge_members = PhortuneMerchantHasMemberEdgeType::EDGECONST;
 
       $xactions = array();
 
@@ -80,8 +86,12 @@
         ->setNewValue($v_view);
 
       $xactions[] = id(new PhortuneMerchantTransaction())
-        ->setTransactionType($type_edit)
-        ->setNewValue($v_edit);
+        ->setTransactionType($type_edge)
+        ->setMetadataValue('edge:type', $edge_members)
+        ->setNewValue(
+          array(
+            '=' => array_fuse($v_members),
+          ));
 
       $editor = id(new PhortuneMerchantEditor())
         ->setActor($viewer)
@@ -98,9 +108,9 @@
         $validation_exception = $ex;
 
         $e_name = $ex->getShortMessage($type_name);
+        $e_mbmers = $ex->getShortMessage($type_edge);
 
         $merchant->setViewPolicy($v_view);
-        $merchant->setEditPolicy($v_edit);
       }
     }
 
@@ -109,6 +119,8 @@
       ->setObject($merchant)
       ->execute();
 
+    $member_handles = $this->loadViewerHandles($v_members);
+
     $form = id(new AphrontFormView())
       ->setUser($viewer)
       ->appendChild(
@@ -123,18 +135,19 @@
           ->setLabel(pht('Description'))
           ->setValue($v_desc))
       ->appendChild(
+        id(new AphrontFormTokenizerControl())
+          ->setDatasource(new PhabricatorPeopleDatasource())
+          ->setLabel(pht('Members'))
+          ->setName('memberPHIDs')
+          ->setValue($member_handles)
+          ->setError($e_members))
+      ->appendChild(
         id(new AphrontFormPolicyControl())
           ->setName('viewPolicy')
           ->setPolicyObject($merchant)
           ->setCapability(PhabricatorPolicyCapability::CAN_VIEW)
           ->setPolicies($policies))
       ->appendChild(
-        id(new AphrontFormPolicyControl())
-          ->setName('editPolicy')
-          ->setPolicyObject($merchant)
-          ->setCapability(PhabricatorPolicyCapability::CAN_EDIT)
-          ->setPolicies($policies))
-      ->appendChild(
         id(new AphrontFormSubmitControl())
           ->setValue($button_text)
           ->addCancelButton($cancel_uri));
diff --git a/src/applications/phortune/controller/PhortuneMerchantViewController.php b/src/applications/phortune/controller/PhortuneMerchantViewController.php
--- a/src/applications/phortune/controller/PhortuneMerchantViewController.php
+++ b/src/applications/phortune/controller/PhortuneMerchantViewController.php
@@ -140,6 +140,12 @@
 
     $view->addProperty(pht('Status'), $status_view);
 
+    $this->loadHandles($merchant->getMemberPHIDs());
+
+    $view->addProperty(
+      pht('Members'),
+      $this->renderHandlesForPHIDs($merchant->getMemberPHIDs()));
+
     $view->invokeWillRenderEvent();
 
     $description = $merchant->getDescription();
diff --git a/src/applications/phortune/edge/PhortuneMemberHasMerchantEdgeType.php b/src/applications/phortune/edge/PhortuneMemberHasMerchantEdgeType.php
new file mode 100644
--- /dev/null
+++ b/src/applications/phortune/edge/PhortuneMemberHasMerchantEdgeType.php
@@ -0,0 +1,12 @@
+<?php
+
+final class PhortuneMemberHasMerchantEdgeType
+  extends PhabricatorEdgeType {
+
+  const EDGECONST = 54;
+
+  public function getInverseEdgeConstant() {
+    return PhortuneMerchantHasMemberEdgeType::EDGECONST;
+  }
+
+}
diff --git a/src/applications/phortune/edge/PhortuneMerchantHasMemberEdgeType.php b/src/applications/phortune/edge/PhortuneMerchantHasMemberEdgeType.php
new file mode 100644
--- /dev/null
+++ b/src/applications/phortune/edge/PhortuneMerchantHasMemberEdgeType.php
@@ -0,0 +1,101 @@
+<?php
+
+final class PhortuneMerchantHasMemberEdgeType extends PhabricatorEdgeType {
+
+  const EDGECONST = 53;
+
+  public function getInverseEdgeConstant() {
+    return PhortuneMemberHasMerchantEdgeType::EDGECONST;
+  }
+
+  public function getTransactionAddString(
+    $actor,
+    $add_count,
+    $add_edges) {
+
+    return pht(
+      '%s added %s merchant member(s): %s.',
+      $actor,
+      $add_count,
+      $add_edges);
+  }
+
+  public function getTransactionRemoveString(
+    $actor,
+    $rem_count,
+    $rem_edges) {
+
+    return pht(
+      '%s removed %s merchant member(s): %s.',
+      $actor,
+      $rem_count,
+      $rem_edges);
+  }
+
+  public function getTransactionEditString(
+    $actor,
+    $total_count,
+    $add_count,
+    $add_edges,
+    $rem_count,
+    $rem_edges) {
+
+    return pht(
+      '%s edited %s merchant member(s), added %s: %s; removed %s: %s.',
+      $actor,
+      $total_count,
+      $add_count,
+      $add_edges,
+      $rem_count,
+      $rem_edges);
+  }
+
+  public function getFeedAddString(
+    $actor,
+    $object,
+    $add_count,
+    $add_edges) {
+
+    return pht(
+      '%s added %s merchant member(s) to %s: %s.',
+      $actor,
+      $add_count,
+      $object,
+      $add_edges);
+  }
+
+  public function getFeedRemoveString(
+    $actor,
+    $object,
+    $rem_count,
+    $rem_edges) {
+
+    return pht(
+      '%s removed %s merchant member(s) from %s: %s.',
+      $actor,
+      $rem_count,
+      $object,
+      $rem_edges);
+  }
+
+  public function getFeedEditString(
+    $actor,
+    $object,
+    $total_count,
+    $add_count,
+    $add_edges,
+    $rem_count,
+    $rem_edges) {
+
+    return pht(
+      '%s edited %s merchant member(s) for %s, added %s: %s; removed %s: %s.',
+      $actor,
+      $total_count,
+      $object,
+      $add_count,
+      $add_edges,
+      $rem_count,
+      $rem_edges);
+  }
+
+}
diff --git a/src/applications/phortune/editor/PhortuneMerchantEditor.php b/src/applications/phortune/editor/PhortuneMerchantEditor.php
--- a/src/applications/phortune/editor/PhortuneMerchantEditor.php
+++ b/src/applications/phortune/editor/PhortuneMerchantEditor.php
@@ -17,7 +17,7 @@
     $types[] = PhortuneMerchantTransaction::TYPE_NAME;
     $types[] = PhortuneMerchantTransaction::TYPE_DESCRIPTION;
     $types[] = PhabricatorTransactions::TYPE_VIEW_POLICY;
-    $types[] = PhabricatorTransactions::TYPE_EDIT_POLICY;
+    $types[] = PhabricatorTransactions::TYPE_EDGE;
 
     return $types;
   }
@@ -59,6 +59,8 @@
       case PhortuneMerchantTransaction::TYPE_DESCRIPTION:
         $object->setDescription($xaction->getNewValue());
         return;
+      case PhabricatorTransactions::TYPE_EDGE:
+        return;
     }
 
     return parent::applyCustomInternalTransaction($object, $xaction);
@@ -71,6 +73,7 @@
     switch ($xaction->getTransactionType()) {
       case PhortuneMerchantTransaction::TYPE_NAME:
       case PhortuneMerchantTransaction::TYPE_DESCRIPTION:
+      case PhabricatorTransactions::TYPE_EDGE:
         return;
     }
 
diff --git a/src/applications/phortune/query/PhortuneMerchantQuery.php b/src/applications/phortune/query/PhortuneMerchantQuery.php
--- a/src/applications/phortune/query/PhortuneMerchantQuery.php
+++ b/src/applications/phortune/query/PhortuneMerchantQuery.php
@@ -5,6 +5,7 @@
 
   private $ids;
   private $phids;
+  private $memberPHIDs;
 
   public function withIDs(array $ids) {
     $this->ids = $ids;
@@ -16,14 +17,20 @@
     return $this;
   }
 
+  public function withMemberPHIDs(array $member_phids) {
+    $this->memberPHIDs = $member_phids;
+    return $this;
+  }
+
   protected function loadPage() {
     $table = new PhortuneMerchant();
     $conn = $table->establishConnection('r');
 
     $rows = queryfx_all(
       $conn,
-      'SELECT * FROM %T %Q %Q %Q',
+      'SELECT m.* FROM %T m %Q %Q %Q %Q',
       $table->getTableName(),
+      $this->buildJoinClause($conn),
       $this->buildWhereClause($conn),
       $this->buildOrderClause($conn),
       $this->buildLimitClause($conn));
@@ -31,6 +38,21 @@
     return $table->loadAllFromArray($rows);
   }
 
+  protected function willFilterPage(array $merchants) {
+    $query = id(new PhabricatorEdgeQuery())
+      ->withSourcePHIDs(mpull($merchants, 'getPHID'))
+      ->withEdgeTypes(array(PhortuneMerchantHasMemberEdgeType::EDGECONST));
+    $query->execute();
+
+    foreach ($merchants as $merchant) {
+      $member_phids = $query->getDestinationPHIDs(array($merchant->getPHID()));
+      $member_phids = array_reverse($member_phids);
+      $merchant->attachMemberPHIDs($member_phids);
+    }
+
+    return $merchants;
+  }
+
   private function buildWhereClause(AphrontDatabaseConnection $conn) {
     $where = array();
 
@@ -48,11 +70,32 @@
         $this->phids);
     }
 
+    if ($this->memberPHIDs !== null) {
+      $where[] = qsprintf(
+        $conn,
+        'e.dst IN (%Ls)',
+        $this->memberPHIDs);
+    }
+
     $where[] = $this->buildPagingClause($conn);
 
     return $this->formatWhereClause($where);
   }
 
+  private function buildJoinClause(AphrontDatabaseConnection $conn) {
+    $joins = array();
+
+    if ($this->memberPHIDs !== null) {
+      $joins[] = qsprintf(
+        $conn,
+        'LEFT JOIN %T e ON m.phid = e.src AND e.type = %d',
+        PhabricatorEdgeConfig::TABLE_NAME_EDGE,
+        PhortuneMerchantHasMemberEdgeType::EDGECONST);
+    }
+
+    return implode(' ', $joins);
+  }
+
   public function getQueryApplicationClass() {
     return 'PhabricatorPhortuneApplication';
   }
diff --git a/src/applications/phortune/storage/PhortuneMerchant.php b/src/applications/phortune/storage/PhortuneMerchant.php
--- a/src/applications/phortune/storage/PhortuneMerchant.php
+++ b/src/applications/phortune/storage/PhortuneMerchant.php
@@ -5,13 +5,14 @@
 
   protected $name;
   protected $viewPolicy;
-  protected $editPolicy;
   protected $description;
 
+  private $memberPHIDs = self::ATTACHABLE;
+
   public static function initializeNewMerchant(PhabricatorUser $actor) {
     return id(new PhortuneMerchant())
       ->setViewPolicy(PhabricatorPolicies::getMostOpenPolicy())
-      ->setEditPolicy($actor->getPHID());
+      ->attachMemberPHIDs(array());
   }
 
   public function getConfiguration() {
@@ -29,6 +30,15 @@
       PhortuneMerchantPHIDType::TYPECONST);
   }
 
+  public function getMemberPHIDs() {
+    return $this->assertAttached($this->memberPHIDs);
+  }
+
+  public function attachMemberPHIDs(array $member_phids) {
+    $this->memberPHIDs = $member_phids;
+    return $this;
+  }
+
 
 /* -(  PhabricatorPolicyInterface  )----------------------------------------- */
 
@@ -45,16 +55,21 @@
       case PhabricatorPolicyCapability::CAN_VIEW:
         return $this->getViewPolicy();
       case PhabricatorPolicyCapability::CAN_EDIT:
-        return $this->getEditPolicy();
+        return PhabricatorPolicies::POLICY_NOONE;
     }
   }
 
   public function hasAutomaticCapability($capability, PhabricatorUser $viewer) {
+    $members = array_fuse($this->getMemberPHIDs());
+    if (isset($members[$viewer->getPHID()])) {
+      return true;
+    }
+
     return false;
   }
 
   public function describeAutomaticCapability($capability) {
-    return null;
+    return pht("A merchant's members an always view and edit it.");
   }
 
 }