Mercer Advisors Acquires Sage Future Financial

Mercer Advisors continues to let the money flow for acquisitions even as the firm itself is up for sale.

The Denver-based RIA said it is buying Sage Future Financial, an Albuquerque, N.M.-based RIA serving about 45 high net worth households with assets under management of about $100 million. Terms of the deal were not disclosed.

The addition of Sage will bolster Mercer’s presence in the Southwest, where the firm has three offices in Texas, and another in Arizona. It also marks Mercer’s entrance into New Mexico, the firm said. The Sage acquisition brings the firm’s total offices to 44 and increases Mercer Advisors’ total assets under management to over $16.5 billion.