Mercer Global Advisors, a Denver-based aggregator of registered investment advisors, announced Tuesday that it had acquired Paragon Wealth Management of Jacksonville, Florida, and followed that Wednesday with the news that it had purchased Brighton Financial Planning, which operates in New Jersey and South Carolina.
Paragon, which was founded in 2008 by Jonathan Castle and Michelle Ash, oversees $495 million in assets for more than 400 clients. The firm services clients as a team, rather than as individual advisors, in order to better understand and communicate with clients. The firm’s shareholders include Scott Snider and Ian Aquilar.
“We were looking to join a national firm that added not only scale and additional support for our team, but also added new services that we could share with our clients,” Ash said in a statement. “In this regard, Mercer Advisors was a perfect fit for us.”
Brighton, a fee-only RIA, was founded more than 25 years ago. It's led by John Middleton and manages $95 million in assets for clients.
“The fact that Mercer Advisors can support me and my team with additional resources, take over middle and back-office responsibilities, and provide my clients with estate planning advice, documentation and administration, in addition to tax return services, made them the perfect partner for us,” Middleton said in a statement. “They presented a one-stop shop solution for all my clients’ financial needs.”
Mercer Global Advisors Inc. has 80 locations across the U.S. and manages more than $50 billion in client assets.
LPL Financial welcomes a $345 million investment and planning team from Ameriprise as RayJay's employee advisor arm adds a seasoned Well Fargo breakaway.
The CFP Board will be searching for a replacement for CEO Kevin Keller who will be stepping down in April 2026.
Citi analysts project a historic high in three months as tariff and trade war threats fuel a rush for the haven metal.
Wealth Enhancement Group officially kicks off its 2025 deal season in the Pacific Northwest while Corient extends its reach in Pennsylvania
Maute will oversee and expand the dedicated client development platoon that's powered record organic growth at the $69 billion RIA.
From 'no clients' to reshaping wealth management, Farther blends tech and trust to deliver family-office experience at scale.
Blue Vault features expert strategies to harness for maximum client advantage.