Mercer Global Advisors scoops up $800 million Atlanta RIA
The deal also marks the third sizable acquisition over the first two business days of the new year, following Hightower’s purchase of Bel Air Investment Advisors, an $8 billion Los Angeles-based RIA, and SVB Financial Corp.’s acquisition of Boston Private Financial Holdings to create a $17.7 billion wealth management enterprise
Mercer Global Advisors announced on Tuesday that it is acquiring Kays Financial Advisory, an $800 million Atlanta-based registered investment adviser.
The transaction expands the Georgia footprint of Denver-based Mercer, which has more than 45 locations across the United States and $24 billion in
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