Mercer Advisors Acquires Clearwater, Fla.-based $364M RIA GFS Private Wealth

Mercer Advisors has pushed its assets under management above the $12 billion mark with its latest acquisition of Clearwater, Fla.-based GFS Private Wealth.

GFS, which has $364 million under management, represents the third acquisition this year for Mercer Advisors, the parent company of Mercer Global Advisors based in Santa Barbara, Calif.

The addition of GFS gives Mercer a stronger foothold in the southeastern U.S. market as well as additional resources for family office and estate planning services, according to Daniel Seivert, founder and CEO of Echelon Partners.