Mercer (Marsh McLennan) Acquires SECOR Asset Management

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 (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 Advisors Acquires Sanford Advisory Services, LLC

May 4, 2022

Wealth Management

Mercer Global Advisors, Inc. has acquired Sanford Advisory Services, LLC, a Portage, Michigan-based wealth management firm managing approximately $1.1 billion in AUM/A and serving about 1,100 clients. The Sanford team of ten professionals, including founders Todd Sanford, Scott Williams and Brent Kerstetter, will join Mercer as the firm expands its Central U.S. presence.

Mercer Advisors Acquires McGee Wealth Management, Inc.

December 31, 2020

Financial Services

Mercer Global Advisors (Mercer Advisors), a Denver-based registered investment adviser, acquired McGee Wealth Management, a Portland, Oregon wealth management firm, effective December 31, 2020. The transaction brings roughly 15 McGee team members and approximately $815 million AUM (serving ~800 clients) into Mercer as part of a succession plan and to augment Mercer’s Portland presence.

Mercer Acquires Cardano

June 11, 2024

Wealth Management

Mercer, a business of Marsh McLennan, has agreed to acquire Cardano, a UK and Netherlands long-term savings specialist managing roughly $66 billion in assets; terms were not disclosed. The acquisition brings approximately 550 Cardano colleagues in London, Nottingham and Rotterdam to Mercer and strengthens Mercer's pension and institutional investment capabilities in the UK and the Netherlands.

Mercer Advisors Acquires Quest Capital Management, Inc.

September 29, 2021

Wealth Management

Mercer Global Advisors, Inc. (Mercer Advisors) has acquired Quest Capital Management, Inc., a Dallas-based wealth management firm with approximately $1.5 billion in AUM serving about 660 clients. The six Quest shareholders and seventeen staff members will join Mercer as the firm expands its Texas footprint and access to Mercer’s family office, tax and back-office capabilities.