Mercer Caps 2025 With Double Deal Adding $905M in AUM

Core Insights - Mercer Global Advisors has completed two acquisitions at the end of 2025, marking its most active acquisition year to date [1] Group 1: Acquisitions - Mercer acquired Long Run Wealth Advisors, a firm based in Lake Placid, N.Y., with approximately $640 million in assets under management, enhancing its presence in upstate New York [2] - The firm also purchased Poterack Capital Advisory, a virtual wealth management firm managing about $265 million in assets, founded in 2001 [3] - The two transactions represent Mercer's 17th and 18th closed deals of 2025, contributing to an addition of $10 billion in assets through acquisitions during the year [5] Group 2: Benefits of Acquisitions - Joining Mercer provides Long Run access to centralized resources such as advanced estate and tax planning, institutional-grade investment management, and family office services [3] - The partnership is expected to enhance professional development opportunities for Long Run's next-generation leaders and establish a continuity plan for clients [3] - Poterack Capital Advisory's partnership with Mercer allows for a focus on client service while offloading various business management aspects, positioning the firm for long-term growth [4] Group 3: Ownership and Advisors - Mercer is majority-owned by Oak Hill Capital, Genstar Capital, Altas Partners, and GIC, a global institutional investor [5] - Marshberry advised Long Run in the acquisition deal, while Poterack Capital Advisory was advised by Tyson Pettit, president and founder of the Iron River Group [4]