Mercer Caps 2025 With Double Deal Adding $905M in AUM

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Mercer Global Advisors, a Denver-based registered concern advisor with astir $92 cardinal successful lawsuit assets, closed connected 2 acquisitions astatine the extremity of 2025, capping the firm’s astir progressive acquisition twelvemonth to date.

Mercer has acquired Long Run Wealth Advisors, a Lake Placid, N.Y.-based steadfast with astir $640 cardinal successful assets nether management, expanding its footprint successful upstate New York. Long Run includes a seven-person team, led by principals Kevin Brady and Lynn Magnus.

“Joining Mercer Advisors gives Long Run entree to an expanded suite of centralized resources, including precocious property and taxation planning, institutional-grade concern management, household bureau services and a dedicated alternatives platform,” Brady said successful a statement. “The concern besides enhances nonrecreational improvement opportunities for the firm’s next-generation leaders, portion establishing a wide continuity program for clients.”

Mercer besides purchased Poterack Capital Advisory, a virtual wealthiness absorption steadfast with a section beingness successful Jackson, Wyo. The firm, which manages astir $265 cardinal successful assets, was founded successful 2001 by CEO Ryan Poterack. It serves clients virtually successful implicit 30 states. 

Poterack is joined by Alec Quaid, wealthiness manager, and Anna Hopkins, narration manager. 

“Partnering with Mercer Advisors allows maine to offload assorted aspects of moving the concern and support a laser absorption connected clients, positioning our steadfast for meaningful, semipermanent growth,” Poterack said successful a statement. 

Marshberry advised Long Run successful the deal, portion Poterack utilized Tyson Pettit, president and laminitis of the Iron River Group, arsenic its advisor. 

The 2 transactions marked Mercer’s 17th and 18th closed deals of 2025. During the year, the steadfast added $10 cardinal successful assets done acquisitions. 

The RIA is majority-owned by Oak Hill Capital, Genstar Capital, Altas Partners and GIC, a planetary organization investor.