Mercer Advisors Adds $1.7B in Assets with Quickfire Double Swoop

Mercer Advisors on November 12 simultaneously announced the acquisitions of Minneapolis-based Waypoint Capital Advisors and Fort Collins, CO-based Chapel & Collins, adding approximately $1.7B in managed client assets.

Founded in 2015, Waypoint and its team of 12 professionals focus on investment advisory and financial planning services for ultra-high-net-worth individuals and families, managing nearly $1B in client assets. Chapel & Collins similarly focuses on high-net-worth families, with its seven-person team managing approximately $675M in assets for more than 500 clients. The Chapel & Collins deal increases Mercer’s presence in its Denver home base and the surrounding areas to seven offices and more than 150 employees managing nearly $5B in assets.  

Mercer is majority owned by Oak Hill Capital, Genstar Capital, and Atlas Partners, and as of September 30 managed $66B in client assets. The latest double acquisition is the firm’s second such move in less than two months, as it added more than $1B in AUM in the dual acquisitions of RIAs in North Carolina and Pennsylvania, announced in quick succession in early October. As of September 30, Mercer managed a total of $66B in client assets.

Source:

• https://www.businesswire.com/news/home/20241112993768/en/Mercer-Advisors-Expands-Multi-Family-Office-Capabilities-With-the-Addition-of-Waypoint-Capital-Advisors
• https://www.businesswire.com/news/home/20241112797769/en/Mercer-Advisors-Grows-Presence-in-Greater-Denver-With-the-Acquisition-of-Chapel-Collins