Mercer Advisors Buys Colorado Wealth Firm

Mercer has roughly 80 locations nationwide and manages over $50 billion in client assets. It is majority owned by Oak Hill Capital, Genstar Capital and Altas Partners. 

TWM recently found itself “at a crossroads of either building the infrastructure necessary to support further expansion, or, alternatively, joining a national firm that had already successfully crossed that Rubicon,” according to Bandell.

“After conducting an extensive search with our investment banker Advisor Growth Strategies, we found our right partner after meeting with David Barton, … who heads up mergers and acquisitions for Mercer Advisors, and other Mercer Advisors personnel,” he added.

(Pictured: Dave Welling)