Increasing Mercer Advisors’ Northeast Presence
DENVER, April 4, 2023 /PRNewswire/ — Mercer Global Advisors, Inc. (“Mercer Advisors”), a national Registered Expenditure Adviser (RIA), today announced the acquisition of Andesa Fiscal Management, Inc. (hereinafter “Andesa”). Andesa is a thorough wealth administration company found in Allentown, Pennsylvania focusing on serving the fiscal wants of their clientele. Andesa was established in 2004 by a crew including Paul C. Barbehenn (“Paul”), CFA®, CFP®, Principal, and afterwards joined by Michael C. Baittinger (“Michael”), CFP®, ChFC®, Principal, in 2006. Paul, Michael and the relaxation of the Andesa workforce serve 260 customers with property below administration (“AUM”) of around $330 million.
Paul Barbehenn, Principal, commenting on the transaction, mentioned: “Andesa anchors on financial planning and is fully commited to serving our clientele at the optimum amount. To that conclusion, when on the lookout to merge with a new lover, it was crucial that they far too feel in the value of financial arranging and the value of the client-advisor marriage. More, we were on the lookout for ways to incorporate supplemental expert services to our consumers whilst offloading onerous back again-office environment responsibilities. Mike and I experienced acknowledged about Mercer Advisors through other Raymond James corporations that experienced joined Mercer Advisors, and our advisor Christian Williams of Williams Personal Wealth Advisory & Consulting, also encouraged them. Thereafter, we satisfied with David Barton, Mercer Advisors’ Vice Chairman who leads mergers and acquisitions. Their complete “family place of work” strategy to consumer care with in-property products and services like estate organizing, tax consultation and tax return preparing, etc., adds the depth and breadth of support we were seeking to bolt on, even though allowing for me and my workforce to offload burdensome back-place of work work so that we can concentrate on what is most critical – our consumers.”
David Barton, Vice Chairman, who led the acquisition of Andesa on behalf of Mercer Advisors stated: “Paul and Michael, are extremely credentialed planners and have constructed a incredibly respected enterprise with a deep bench of expertise. For Mercer Advisors, the addition of Andesa’s talented staff to our service ranks is the most important asset of the transaction.”
Dave Welling, Main Govt Officer of Mercer Advisors, stated, “The small business blend between Mercer Advisors and Andesa is a ideal cultural healthy with equally corporations anchoring on money organizing. We are thrilled they are becoming a member of the Mercer Advisors group and bolstering our considerable presence in Pennsylvania and the Japanese location. We glance ahead to functioning jointly to help deliver significant success for our shared consumers.”
About Mercer Advisors
Established in 1985, Mercer Worldwide Advisors Inc. (“Mercer Advisors”) is a whole prosperity management and money preparing organization that gives comprehensive, charge-based mostly investment administration, economic organizing, household workplace services, retirement added benefits and distribution arranging, estate and tax scheduling, insurance policy solutions, and corporate trustee and have faith in administration expert services. Mercer Advisors Inc. is a dad or mum firm of Mercer World-wide Advisors Inc. (RIA), and Regis Acquisitions, Inc. (RIA). The two are majority owned by Oak Hill Cash and Genstar Funds. Mercer Global Advisors, Inc. is headquartered in Denver, Colorado, is privately held, has above 900 staff, and operates nationally as a result of 90 offices throughout the region. Mercer Advisors manages over $48 billion in customer belongings. For far more details, check out www.merceradvisors.com
Data as of January 31, 2023. AUM involves affiliate marketers and wholly-owned subsidiaries.
“Mercer Advisors” is a brand name comprising Mercer Worldwide Advisors Inc. and Regis Management Enterprise. Regis Management Company is a tradename employed by Regis Acquisition, Inc. Mercer World wide Advisors Inc. and Regis Acquisition, Inc. are affiliated SEC registered investment advisers and supply financial investment advisory and family business relevant providers. Mercer Global Advisors Inc. and Regis Acquisition, Inc., are subsidiaries of Mercer Advisors Inc., a mum or dad organization not involved with financial commitment companies.
Mercer Advisors is not a regulation business and does not offer legal information to clientele. All estate planning documentation planning and other lawful tips is delivered as a result of its Innovative Services Regulation Group, Inc. Tax preparing and tax filing are a separate payment from Mercer Advisors’ investment administration and planning expert services. Trustee providers are made available as a result of pick 3rd functions with which a consumer would interact directly.
Accredited Fiscal Planner Board of Expectations, Inc. (CFP Board) owns the CFP® certification mark, the Licensed Economic PLANNER™ certification mark, and the CFP® certification mark (with plaque design) symbol in the United States, which it authorizes use of by people who efficiently total CFP Board’s first and ongoing certification requirements. CFA® and Chartered Monetary Analyst® are registered emblems owned by CFA Institute. The ChFC® mark is the home of The American Higher education, which reserves sole legal rights to its use, and is applied by permission.
Get in touch with: Chris Tofalli
Chris Tofalli Community Relations, LLC
914-834-4334
Resource Mercer Worldwide Advisors Inc.
