Mercer Global Advisors Acquires Tufton Capital Management
May 15, 2025
Mercer Global Advisors, a national RIA majority‑owned by private equity firms, has acquired Hunt Valley, Maryland–based Tufton Capital Management. The deal expands Mercer’s footprint in the greater Washington, D.C./Mid‑Atlantic market and brings approximately $800 million of Tufton client AUM onto Mercer’s platform, increasing Mercer’s regional client assets to about $3 billion.
- Buyers
- Mercer Global Advisors, Inc.
- Targets
- Tufton Capital Management, LLC
- Platforms
- Mercer Global Advisors, Inc.
- Industry
- Financial Services
- Location
- Maryland, United States
- Transaction Type
- Addon
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