Mercer Advisors, a $39 billion RIA platform, is bulking up its executive ranks with the addition of fintech veteran Daniel Gourvitch as company president.
Gourvitch, 37, is stepping into a newly created position and will report to Mercer Chief Executive Dave Welling.
“The core and initial focus of this new role is to bring together our investment capabilities, wealth services, operations teams and tech teams, all for the people whose job it is to deliver for our advisers and clients every day,” said Gourvitch, who started work at Mercer last week.
“We think there’s an opportunity to continue to make substantial investments to the platform and to continue to develop the platform that already exists,” he said.
Before joining Mercer, Gourvitch was head of the platform within the Aladdin business at BlackRock. He is also a former partner at McKinsey & Co. and a former managing director at Goldman Sachs.
“Our vision is to be the industry leader in providing a unified and integrated standard of financial care to our clients,” Welling said. “The continued innovation and transformation of our industry-leading platform requires pioneering design and an intense focus on execution. I am delighted to bring on a veteran executive leader with broad experience who shares our passion for serving clients and working as one team.”
Mercer also announced the addition of Jessica Caruso and Joseph Young to Mercer Advisors’ senior leadership team. Both Caruso and Young are senior directors and senior wealth advisors who have distinguished themselves as advisers and leaders, and in their ability to drive significant organic growth in a region.
Mercer, which was established in 1985, has achieved a national footprint, with 80 locations and more than 800 employees.
Much of Mercer’s growth has been the result of acquisitions, and the addition of Gourvitch is being presented as a step toward ensuring the platform continues to appeal to RIAs looking for scale and support.
“I’ve had the privilege of spending my career at extraordinary, client-oriented firms that are committed to delivering for every client at the highest possible level,” Gourvitch said. “Mercer Advisors unquestionably shares this trait as well. It is no surprise that so many of the country’s most successful, most client-oriented advisers are recognizing their own values in Mercer, and I feel extraordinarily privileged for the opportunity to join them.”
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