Mercer Global Advisors, a Denver-based registered investment adviser managing $38 billion, has acquired Bivin and Associates, a Ponca City, Oklahoma-based RIA founded in 1994 and managing $130 million.
Terms of the acquisition were not disclosed.
The entire Bivin team, headed by founder and President Stan Bivin, will join Mercer, the firm said in a press release Thursday.
"A year ago, if you asked me if there was a future for the small, independent wealth business, I would have replied with an emphatic, 'Yes.' Today, I’m not so certain."
Two separate readings of American sentiment reflect worrying outlook
Quarterly refunding, economic data are in focus.
95% of his funds' holdings are in cash amid trade uncertainty.
Report shows trade wars has fueled inflows to funds.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
