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Mercer Global acquires $230 million RIA

mercer global ria

Acquisition of Benemark expands Mercer’s presence in Northeast.

Mercer Global Advisors, a Denver-based registered investment adviser managing $39 billion, has acquired Benemark Inc., an RIA firm managing $230 million in Westport, Connecticut.

Founded in 1995 by partners Robert A. Medvey and Gregg G. Padilla, Benemark serves approximately 70 clients. Benemark’s entire team will be joining Mercer Advisors.

[MORE: Mercer Global acquires $680 million RIA]

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