Mercer Global Advisors, one of the largest and most buyers of investment registered in the country with $ 70 billion in the country, has hired TED Mother as director of the M&A partner. The mother joins Potomac Law Group, where he was a corporate and M&A partner.
He will serve alongside Martine Lellis, who was promoted in the same role In May. This position was created by the need to handle the growing pipeline of the RIA purchase target firm. In October, Lellis also took over responsibilities from Dave Barton, Vice President of M&A at Mercer, who retired to focus on a continuing health issue.
“When we were restructuring the team more broadly after the Dave Barton-I call Dave Barton a great bunch of a man-and our vision was to build an orchestra,” said Mercer Dave Welling. “Ted will be a large part of that in team leadership and team leadership.”
The mother has more than 20 years of experience as a lawyer, having advised over 100 advisory firms and assets management for M&A transactions and growth initiatives.
“TED has built a reputation as a skilled M&A practitioner with an impressive record for leading wealth management firms through complex transactions,” Welling said in a statement. “Ted providing advice for so many sales is really valuable. They are setting their lives in our hands when they make this decision, and each of these firms has an impact on our culture and an impact on our business. We want to make sure we get it right for all people involved.”
The partner's development team consists of over 10 employees, including five vice presidents working in different parts of the country.
Mercer has been one of the most active buyers in RIA space over the past few years. In 2024, the company completed 13 agreements, Welling said, and its volume has on average among adolescents each year since 2021. The firm has made nearly 100 agreements since 2016.
“We're not interested in making a transaction done,” Welling said. “We are interested in forming partnerships. These people will be our roommates and colleagues in the room, so we want to get it right.”
This represents the fourth rent of Mercer last year. Last month, the firm added Alisa MauteA former LPL executive as an executive managing director and chief of customer development, a newly created role. Maute runs the dedicated team to identify future customers, determining whether Mercer is a good fit for those families and matches the right counselor within the firm.
Last February, the firm Broght ten days of timber as the main financial official. He joined McKinsey & Company, where he was the global head of finance.
In September, Iah hired eliiamsAnother former McKinsey's ex -executive, as her new boss of people.
At the beginning of last year, the firm Added five five new drivers To complete its partner M&A development teams. These leaders were all tasked with strengthening the firm's inorganic growth strategies.