Mercer Advisors Acquires Maryland-Based Wealth Manager

Editorial Staff

4 December 2025

Mercer Advisors, an RIA, has acquired Glass Jacobson Wealth Advisors, a Maryland-based firm overseeing about $1 billion in assets under management.

The acquisition, for an undisclosed sum, will expand Mercer Advisors’ presence in the Mid-Atlantic region, strengthening its footprint across the Baltimore–Washington, DC corridor, the firm said in a statement.

Founded in 2001, Glass Jacobson Wealth Advisors is led by CEO Jonathan Dinkins and supported by a team of more than 20 advisors, planners, and analysts. In total, the firm serves more than 660 families. Glass Jacobson Wealth Advisors originated from Glass Jacobson Financial Group, an accounting and tax practice established in 1962.

MarshBerry served as investment banker to Glass Jacobson Wealth Advisors in the transaction.

The transaction is another example of active M&A activity in the North American wealth management sector.

Mercer Advisors – headquartered in Denver, Colorado – is privately held, has more than 1,400 employees, and operates nationally through more than 100 locations. The firm oversees $90 billion in client assets. Its holding company, Mercer Advisors Inc, is majority-owned by Oak Hill Capital, Genstar Capital, and Altas Partners.

Mercer has completed a series of acquisitions in recent years. In October, for example, it acquired Singer Burke, a Los Angeles-based wealth management, tax, and business management firm. It also expanded in Florida with the acquisition of Family Wealth Planning Group and its affiliate, Family Wealth Tax Advisory, a Naples-based wealth and tax planning firm overseeing $1.2 billion for more than 200 families. Additionally, Mercer acquired Full Sail Capital, an Oklahoma City-based wealth management firm serving high net worth and multigenerational families.