Mercer Advisors acquires $5 billion RIA, Regis Management Co.

Mercer Advisors acquires $5 billion RIA, Regis Management Co.
The addition of the ultra-high-net-worth multifamily office pushes Mercer's assets near $40 billion.
DEC 01, 2022

Mercer Advisors announced the acquisition of Regis Management Co., a San Francisco-based registered investment adviser with $5 billion under management.

Founded in 2000, Regis specializes in alternative investments and serves ultra-high-net-worth families.

Regis executives said a driving force behind the deal was being able to leverage Mercer’s expansive array of in-house family office services, such as estate planning, tax consulting and return preparation, and trustee services.

“We spent a lot of time meeting with and vetting potential partners,” Peter Gifford, Regis partner and president, said in a statement.

David Barton, who led the acquisition of Regis on behalf of Mercer, said: “Regis has built an industry leading, ultra-high-net-worth service offering that we believed not only complemented our service model, but indeed could operate as a top-tier solution set for clients with multigenerational wealth and the complex issues and needs this unique group experiences, and the expertise they demand.”

“We felt this business combination was a one plus one equaled four or five, a fully synergized result from top to bottom with best-of-breed service solutions for every client segment,” Barton said.

Mercer, based in Denver, is majority owned by Oak Hill Capital and Genstar Capital, and has more than $37 billion in client assets under management.

'IN the Nasdaq' with Jason Appleson, head of municipal bonds at PGIM

Latest News

Maliah elevated to investment banking chair at Goldman
Maliah elevated to investment banking chair at Goldman

Executive holds regional roles in Asia but will add global responsibilities.

In an AI world, investors still look for the human touch
In an AI world, investors still look for the human touch

AI is no replacement for trusted financial advisors, but it can meaningfully enhance their capabilities as well as the systems they rely on.

This viral motivational speaker can also be your Prudential financial advisor
This viral motivational speaker can also be your Prudential financial advisor

Prudential's Jordan Toma is no "Finfluencer," but he is a registered financial advisor with four million social media followers and a message of overcoming personal struggles that's reached kids in 150 school across the US.

Fintech bytes: GReminders and Advisor CRM announce AI-related updates
Fintech bytes: GReminders and Advisor CRM announce AI-related updates

GReminders is deepening its integration partnership with a national wealth firm, while Advisor CRM touts a free new meeting tool for RIAs.

SEC charges barred ex-Merrill broker behind Bain Capital private equity fraud
SEC charges barred ex-Merrill broker behind Bain Capital private equity fraud

The Texas-based former advisor reportedly bilked clients out of millions of dollars, keeping them in the dark with doctored statements and a fake email domain.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.