Mercer completed the acquisition of SECOR Asset Management.

Mercer, a business of Marsh McLennan, completed the acquisition of SECOR Asset Management, a global provider of bespoke strategic and portfolio solutions. Financial terms were not disclosed. “We are thrilled to welcome SECOR’s exceptional team to Mercer. As we move forward together, our commitment to being a dedicated partner to our clients’ portfolios remains unwavering. We understand that each investment journey is unique, and with the added capabilities of SECOR, we are better equipped to help sophisticated investors navigate the markets and optimize asset allocation amid increasing uncertainty,” Michael Dempsey, Mercer Wealth President.