Serial RIA acquirer Mercer Advisors up for sale – who are the potential buyers?
Louis Diamond Quoted – By Jason Bisnoff and James Connington, Fund Intelligence – Mercer Global Advisors, one of the most active acquirers in the registered investment adviser channel, is reportedly on the chopping block itself with private equity owner Genstar Capital taking bids. The firm has more than $16bn in assets under management, a figure that is set to grow by around $1bn by Q4 due to five deals currently in the pipeline, Fund Intelligence can reveal.
