Mercer acquires $510 million Florida RIA
Naples-based Cordasco Financial Network was founded in 2011.
Mercer Global Advisors, a Denver-based firm managing $37 billion in assets, has acquired Cordasco Financial Network, a registered investment adviser managing $510 million in Naples, Florida.
Terms of the acquisition were not disclosed.
Cordasco, which was founded in 2011 by Steve Cordasco, has more than 400 clients. Its entire team has joined Mercer.
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