Mercer Advisors acquires $440 million RIA

Mercer Global Advisors, a Denver-based registered investment adviser managing $27 billion, has acquired Hart Capital Management, an RIA managing $440 million that is headquartered in Spokane, Washington.

Hart, which was founded in 1998, serves about 400 clients. It also has an office in Coeur d’Alene, Idaho.

[More: Mercer acquires $365 million Virginia RIA]

Founder Craig W. Hart and his team of nine professionals have joined Mercer.

[Video: RIA valuations holding up despite pandemic and firms paying more up front]

The post Mercer Advisors acquires $440 million RIA appeared first on InvestmentNews.

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