Mercer Acquires Cardano

Mercer (Marsh McLennan) Acquires SECOR Asset Management

May 2, 2025

Wealth Management

Mercer, a business of Marsh McLennan, completed the acquisition of SECOR Asset Management to expand its investment capabilities for large institutional clients. The deal brings SECOR’s team of more than 40 professionals and its bespoke portfolio and fiduciary solutions into Mercer’s global investment platform; terms were not disclosed.

Mercer (Marsh McLennan) Acquires Hexarem

November 4, 2025

Professional Services

Mercer, a business of Marsh McLennan, has acquired Hexarem, a Montreal-based boutique human resources consulting firm specializing in executive compensation and governance advisory services. The acquisition strengthens Mercer's executive compensation capabilities and expands its presence in Canada; terms were not disclosed.

Mercer (Marsh McLennan) Acquires Advance Asset Management Limited and Completes Merger of BT Super into Mercer Super Trust

April 3, 2023

Financial Services

Mercer, part of Marsh McLennan, completed the merger of BT Super into the Mercer Super Trust and announced the acquisition of Advance Asset Management Limited, expanding its multi‑manager investment capability in Australia. The combined Mercer Super Trust becomes one of Australia’s largest super funds with ~850,000 members and approximately A$63 billion in assets under management, while the AAML deal broadens Mercer’s local investment management offerings.

Mercer Advisors Acquires Lewis Wealth Management

May 8, 2025

Wealth Management

Mercer Global Advisors, Inc. (Mercer Advisors), a national RIA, has acquired Denver-based Lewis Wealth Management, LLC, an advisory firm led by Austin Lewis that manages roughly $75 million in client assets. The deal expands Mercer’s footprint and client assets in the Denver area while providing a succession plan and access to Mercer’s broader family office and back‑office capabilities.

Mercer Advisors Acquires McConnell Financial Advisors

December 16, 2025

Wealth Management

Mercer Global Advisors (Mercer Advisors) has acquired McConnell Financial Advisors, a boutique Boise, Idaho-based financial planning firm with approximately $130 million in AUM. The deal expands Mercer’s presence across Boise and Sun Valley and bolsters its Women & Wealth-focused advisory capabilities while preserving McConnell’s relationship-driven planning approach.

Atlanticus Acquires Mercury Financial LLC for $162 Million

September 12, 2025

Payments & Fintech

Atlanticus Holdings Corporation has acquired Mercury Financial LLC for approximately $162 million in cash (with potential earn-outs tied to future credit performance), making Mercury a wholly owned subsidiary. The deal adds 1.3 million serviced credit card accounts and $3.2 billion in receivables, expanding Atlanticus' presence in the near-prime credit card market and providing additional technology, distribution partnerships, and scale.