Mercer Advisors Acquires Marrs Wealth Management, LLC

December 31, 2020

Mercer Global Advisors (Mercer Advisors), a national registered investment adviser headquartered in Denver, acquired Marrs Wealth Management, LLC, an Ames, Iowa-based wealth management firm with approximately $215 million AUM serving ~275 clients. The deal closed December 31, 2020, and four Marrs team members (including founders/LLC members Craig Marrs, Andra Reason, and Nathan Brammer) joined Mercer; the move was driven primarily by succession planning and to expand client services and back-office capabilities.

Buyers
Mercer Global Advisors, Inc. (Mercer Advisors)
Targets
Marrs Wealth Management, LLC
Sellers
Marrs Wealth Management, LLC, Craig Marrs, Andra L. Reason, Nathan Brammer
Location
Iowa, United States
Transaction Type
Buyout

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