Announced
Financials
Tags
United States
Asset Managers and Custodians
Acquisition
wealth management solutions
Private
Friendly
Single Bidder
Synopsis
Mercer Advisors, a national Registered Investment Adviser, acquired Sage Future Financial, a respected wealth management RIA located in Albuquerque, New Mexico. Financial terms were not disclosed. The addition of Sage augments Mercer Advisors' already strong presence in the Southwest with three offices in Texas, and another in Arizona. More importantly, it marks Mercer Advisors' entrance to the coveted New Mexico territory. The Sage acquisition brings the firm's total offices to 44 and increases Mercer Advisors' total AUM to over $16.5bn.
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