Mercer adds second $1 billion-plus RIA in as many days
The aggregator announced the addition of Sanford Advisory Services, a $1.1 billion firm based in Portage, Michigan, as private equity backing continues to drive acquisitions in the wealth management space.
Denver-based RIA aggregator Mercer Global Advisors announced its second acquisition in as many days Wednesday morning with the addition of Sanford Advisory Services, a $1.1 billion firm based in Portage, Michigan.
The deal, which pushes Mercer’s total assets under management to more than $39 bi
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