Mercer (Marsh McLennan) Acquires Hexarem

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 Acquires Leapgen

March 1, 2023

Consulting

Mercer, a business of Marsh McLennan, has acquired Leapgen, a digital HR technology advisory firm focused on HR strategy, transformation and employee experience. The acquisition strengthens Mercer’s digital HR strategy and HR transformation capabilities, enabling improved HR technology decision-making and workforce technology outcomes for clients.

Mercer Acquires The Talent Enterprise

March 27, 2024

Professional Services

Mercer, a business of Marsh McLennan, has completed its acquisition of The Talent Enterprise (TTE), a Dubai-based psychometric and talent assessment technology company. The deal—terms undisclosed—adds TTE’s assessment platform and behavioral science capabilities to Mercer’s offerings to bolster talent assessment and capability development across the Middle East.

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 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 Global Advisors Acquires Hart Capital Management

December 31, 2020

Financial Services

Mercer Global Advisors, a Denver-based national registered investment adviser, acquired Spokane-based wealth management firm Hart Capital Management, Inc., effective December 31, 2020. Hart's founder Craig W. Hart and a team of nine professionals (serving ~400 clients with ~$440M AUM) joined Mercer to gain scale, infrastructure and expanded service capabilities.