Mercer acquires $100 million Albuquerque-based RIA

Mercer Global Advisors has acquired Sage Future Financial, a registered investment adviser managing $100 million in Albuquerque, N.M. [More: Lightyear's Wealth Enhancement Group acquires $1 billion RIA] Sage serves approximately 45 high-net-worth households and represents Mercer's first foray into New Mexico. The firm was founded in 2009 by Donna Skeels Cygan, who is joining Mercer. The Sage acquisition brings Mercer's total offices to 44 and increases its total AUM to over $16.5 billion. Sage serves approximately 45 high-net-worth households and represents Mercer's first foray into New Mexico. The firm was founded in 2009 by Donna Skeels Cygan, who is joining Mercer. [Recommended video: Who is demanding ESG options?] The Sage acquisition brings Mercer's total offices to 44 and increases its total AUM to over $16.5 billion.