Mercer Global Advisors Acquires Argosy Wealth Management, Inc.
June 19, 2020
Mercer Global Advisors, a Denver-based RIA, has acquired Argosy Wealth Management, a Beverly Hills–area wealth management firm that serves roughly 300 households with about $330 million in AUM. Co-founders Michael Karon and Alex Kimura and seven staff members are joining Mercer as part of the deal, expanding Mercer’s Southern California presence and adding wealth management and family office capabilities.
- Buyers
- Mercer Global Advisors, Inc.
- Targets
- Argosy Wealth Management, Inc.
- Sellers
- Michael Karon, Alex Kimura
- Platforms
- Mercer Global Advisors, Inc.
- Industry
- Wealth Management
- Location
- California, United States
- Transaction Type
- Addon
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