The latest M&A deals in wealth management across North America.

Mercer, the consultancy, has completed its acquisition of Summit Strategies Group, it said, in a deal that will bolster its capabilities in not-for-profit, pensions and alternatives investments areas.

In August, Mercer said it had signed definitive agreements to acquire Summit as well as the investment consulting, alternatives consulting and wealth management operations of Pavilion Financial Corporation.

The close of the Pavilion acquisition is expected before the end of this year.

Financial terms of the acquisition were not disclosed.

Mercer is a subsidiary of US-listed Marsh & McLennan Companies.