Mercer Global Advisors, one of the registered investment advisers with the country's fastest growing up with $ 70 billion, completed the first 2025 agreement with $ 660 million Gallace, Tenn. Financial Partners Group. The terms of the agreement, which were closed in January, were not discovered.
The agreement expands the presence of Denver -based mercer in the Nashville area, which is ranked among the faster growing subway areas in the US, according to the US Data from the US Census Bureau. The firm now has about $ 1.6 billion Aum in the Greater Nashville area.
Founding partners of founding financial partners BO Bowling and Scott Paschal started the firm nearly 25 years ago with a focus on pension planning and wealth transfer to customers ranging from high -worth families to massive rich.
“Mercer Advisors' extensive resources and enhanced skills will allow us to continue providing a tremendous service to our clients, while also providing meaningful career opportunities for our team,” Paschal said in a statement.
About $ 487 million of FPG assets were held with UHNW clients, $ 86 million with other individuals and $ 44.5 million with pension and profit plans since February 2024, according to an Adv registration. He used Charles Schwab for detention.
Martine Lellis, a director of the M&A partner at Mercer Advisors, said in a statement that Bowling and Paschal “have cultivated a highly respected practice, committed to providing high quality advice.” In January this year, Mercer Advisors announced that she had closed an agreement in December to enter the market, hours. Market bringing two councilors with about $ 224 million in Aum combined. She also strengthened her footprint in Georgia by closing a deal in December with a $ 41 million RIA in the Metro Atlanta region.
Last February, Mercer Rental Advisors five new M&A leaders and integration.
Lellis said by email that the firm's pipeline for agreement in 2025 “is strong”, with about 40 to 50 options “at different stages”.