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.
Quarterly analysis of retirement accounts highlights positive behavior.
Insiders say the Wall Street giant is looking to let clients count certain crypto holdings as collateral or, in some cases, assets in their overall net worth.
The two wealth tech firms are bolstering their leadership as they take differing paths towards growth and improved advisor services.
“We think this happened because of Anderson’s age and that he was possibly leaving,” said the advisor’s attorney.
The newly appointed leader will be responsible for overseeing fiduciary governance, regulatory compliance, and risk management at Cetera's trust services company.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
