Mercer Advisors acquires $300 million RIA
M&A or Merger and Acquisition text on black block
Regent Wealth Management Group serves approximately 110 high-net-worth households
Mercer Global Advisors, a Denver, Colo.-based national registered investment adviser, has acquired Regent Wealth Management Group, an RIA firm managing $300 million based in Woodbridge, Conn.
(More: Consider diversity when it comes to mergers and acquisitions)
The addition of Regent gives Mercer three offices in Connecticut and increases its assets under management to more than $16.5 billion.
Regent was founded in 1987 by Alan P. Weiss, an accountant and certified financial planner.
[Recommended video: How advisers can be a gamechanger for women investors]
Learn more about reprints and licensing for this article.
