The latest mergers, acquisitions and other corporate actions in the wealth management sector.

Mercer Global Advisors
Mercer Global Advisors, a national Registered Investment Advisor (RIA), continued its run of M&A transactions this week by acquiring Thompson Advisory Services, a Portland, Oregon-based RIA managing about $260 million in client assets. The transaction, for an undisclosed sum, will strengthen Mercer Advisors’ presence in the Pacific Northwest, adding a like-minded fiduciary team to its growing presence in Portland.

Founded in 2009 by Troy Thompson, JD, Thompson Advisory provides wealth management that integrates investment management, financial and estate planning, insurance and tax strategy – including tax preparation, the firm said in a statement. Serving more than 90 families, Thompson Advisory’s four-person team delivers multigenerational guidance with a steadfast commitment to fiduciary standards.

“By joining Mercer Advisors, we’re able to accelerate our growth without losing the personal connection that defines us,” Thompson said.

As part of Mercer Advisors, Thompson Advisory’s team will gain access to an expanded suite of integrated family office services, including institutional-grade investment management, estate and trust planning, tax expertise, and next-generation financial education, the firm continued.

“Portland is a key market for Mercer Advisors as we continue to expand our presence in the Northwest,” added Jessica Caruso, executive managing director at Mercer Advisors.

The latest purchase continues a run of acquisitions by Mercer. Recently, it acquired Eagle Wealth Management, Eagle Wealth Accounting, and West Oak Capital. It also acquired Family Wealth Planning Group and its affliliate Family Wealth Tax Advisory, a Naples, Florida-based wealth and tax planning firm overseeing $1.2 billion in assets for more than 200 families. See more detail here and here.

Mercer Advisors is headquartered in Denver, Colorado, with $90 billion in client assets.