Mercer acquires Jackson Financial and $510 million in assets

Mercer acquires Jackson Financial and $510 million in assets
RIA based in Costa Mesa, Calif., brings firm's AUM to $16 billion.
JUN 19, 2019

Mercer Global Advisors has acquired Jackson Financial Management, a Costa Mesa, Calif.-based RIA managing approximately $510 million in assets. (More: Consider diversity when it comes to mergers and acquisitions) The JFM acquisition brings Mercer's total offices to 41, and increases its AUM to over $16 billion. JFM, founded in 1995, is led by Tracy O. Jackson, who will join Mercer with his 13 team members.

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