Mercer Advisors Strikes Gold Again: Dual Acquisitions Add Nearly $1 Billion in Assets

Denver-based Registered Investment Advisor Mercer Advisors has solidified its position as a leading wealth management industry acquirer further with two notable acquisitions. The firm has brought on about $1 billion in assets under management with its latest acquisitions of Kentucky-based financial planning company D Scott Neal and Memphis, Tennessee-based Vishria Bird Financial Group.

 

D Scott Neal has experience guiding families through life transitions and manages over $300 million in assets under management. The deal marks Mercer's entry into Kentucky. Vishria Bird Financial Group, with assets under management of $583 million, further solidifies Mercer's foothold in Tennessee and adds to its experience in serving Indian-American clients with cross-border wealth transfer needs.

 

These acquisitions demonstrate Mercer's ongoing pursuit of expansion and its expansion strategy of penetrating underpenetrated markets and developing its service capabilities for diverse clients.

 

Source: Family Wealth Report