Mercer Advisors Acquires Starks Financial Group, Inc.
July 6, 2022
Mercer Global Advisors (Mercer Advisors), a Denver-based national RIA majority owned by Oak Hill Capital and Genstar Capital, has acquired Starks Financial Group, a women-founded financial planning and wealth management firm in Asheville, North Carolina with approximately $250 million AUM. The deal expands Mercer’s Southeast presence, adds talent and client relationships, and provides a succession path for Starks’ founders.
- Buyers
- Mercer Global Advisors, Inc.
- Targets
- Starks Financial Group, Inc.
- Sellers
- Dawn Starks; Jennifer Adams (founders/owners of Starks Financial Group)
- Platforms
- Mercer Global Advisors, Inc.
- Industry
- Financial Services
- Location
- North Carolina, United States
- Transaction Type
- Addon
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