Mercer Global Advisors has acquired the practice of Mark D. Cunningham, who manages $360 million and is affiliated with Raymond James.
Financial terms weren't disclosed.
Cunningham founded his sole proprietorship in 1997 and is based in Bellaire, Texas.
“We focus on helping our clients achieve their financial goals through comprehensive, tailored financial planning,” Cunningham said in a statement. “As I looked at my own succession planning options to determine with whom to partner, it was important to me that my new partner would anchor on financial planning as I do.”
“I wanted to also provide additional services to my clients like estate planning and dedicated tax expertise and return preparation.” he added.
Integrated Partners is adding a mother-son tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.
Futures indicate stocks will build on Tuesday's rally.
Cost of living still tops concerns about negative impacts on personal finances
Financial advisors remain vital allies even as DIY investing grows
A trade deal would mean significant cut in tariffs but 'it wont be zero'.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
