Mercer Advisors
Mercer Buys Iowa RIA Managing $215 Million
Purchase of Ames, Iowa-based Marrs Wealth Management by Mercer Global Advisors in December was the RIA rollup’s sixth closing that month.
RIA Deal-making Hits Record Despite Pandemic
An Echelon Partners report says the 124 deals done in the second half of 2020 made it ‘by far the most active period’ in the industry’s history.
Mercer Extends RIA Acquisition Spree with Washington State Deal
Purchase of Spokane-based Hart Capital Management by Mercer Global Advisors in December was the RIA rollup’s fifth closing that month.
RIA Boom: Mercer Buys $910 Million-Asset Indie, Midwest TAMPs Combine
Mercer Advisors adds $910-million Colorado firm to bring its AUM to $20 billion, while $3.5 billion-asset Formula Folio combines with $3-billion Brookstone Capital Management to offer broader asset management services to retirement advisors.
Hungry RIA Acquirers Creative Planning, Mercer Advisors Close Covid Deals
Creative Planning snags $530 million-asset firm near Detroit, and Mercer Advisors picks up $330 million-asset planning firm in Beverly Hills.
Hungry RIAs Creative Planning, Mercer Advisors Snap Up More Firms
$45 billion-asset Kansas-based Creative buys Wisconsin’s Hogan Financial while $17.5 billion-asset Denver-based Mercer Advisors picks up Adam Financial in Florida.
RIAs Creative Planning and Mercer Advisors Snap Up More Firms
$45 billion-asset, Kansas-based Creative makes third acquisition of year while $17-billion, Denver rollup Mercer announces its seventh.
RIA Rollup Mercer Advisors Attracts Another Private Equity Firm
Oak Hill Partners will recapitalize fast-growing firm, showing that the financial planning sector remains a red-hot investment area for “smart money” investors.
Mercer Buys $300-Mln Asset RIA in Connecticut, Sues Fleeing Advisor
Rollup firm, whose private equity owner is believed to be in merger negotiations, sued an advisor last week who joined a rival RIA group.
Ex-Schwab Relationship Manager Files Age Discrimination Suit
Michigan woman, 63, asserts that she was railroaded over e-mails sent to Schwab’s RIA clients about company policies.
