Mercer acquires $130 million RIA

Mercer Global Advisors, a Denver, Colorado-based registered investment adviser managing $20 billion in assets, has acquired Summit Wealth Advisors, a Frisco, Colorado-based RIA managing $130 million.

The Summit team, including founder Robert Fred Lau and adviser Emily Ann Messegee, have joined Mercer Global Advisors.

[More: The hunt for mega RIAs]

The post Mercer acquires $130 million RIA appeared first on InvestmentNews.

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