Mercer Global Advisors, a Denver-based registered investment adviser managing $18.5 billion, has acquired Argosy Wealth Management, a Los Angeles-based RIA managing approximately $330 million.
Argosy’s Michael Karon and Alex Kimura, who co-founded the firm in 2010, will join Mercer Advisors along with their seven staff members.
[More: Lessons learned from 21 deals]
InvestmentNews reported in 2017 that the IRS was scrutinizing the tax shelter land deals, called syndication conservation easements.
Advisors gain a second workflow for 401(k) guidance as the fintech expands beyond bulk rebalancing, backed by new policy research on advice access.
New data shows most people do not have enough saved to cover costs and are not fully utilizing their accounts.
Firms announce new recruits this week, with teams overseeing hundreds of millions in client assets switching affiliations.
It’s the 12th deal for Stratos since SEI's investment and follows 11 acquisitions worth $4.8B in 2025.
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
