Female-led firm broadens $90B RIA’s reach across Boise and Sun Valley, advancing a personalized approach designed to empower women to achieve financial freedom
DENVER, DECEMBER 16, 2025 – Mercer Global Advisors, Inc. (“Mercer Advisors”), a national Registered Investment Adviser (RIA), today announced its acquisition of McConnell Financial Advisors, a boutique financial planning firm with approximately $130 million in assets under management. Based in Boise, Idaho, with a growing client base in Sun Valley, the addition marks Mercer Advisors’ continued expansion across the Mountain West region and builds on Mercer Advisors’ existing presence in Boise and Sun Valley.
McConnell Financial Advisors provides comprehensive financial planning and investment management services to clients across various life stages. The firm is anchored in its “Life by Design” philosophy, which helps clients clarify their long-term vision and align financial goals with personal purpose. While the firm has a strong focus on serving women, it works with clients of all backgrounds seeking to live intentionally and plan proactively.
“McConnell Financial Advisors exemplifies a purpose-driven advisory firm built on shared values and a deep belief in doing what’s right for clients,” said Laura Combs, Executive Managing Director, Mercer Advisors. “Their planning-first philosophy and focus on empowering women through financial confidence reflect the very best of what our profession can offer.”
For founder Renée McConnell, the decision to partner with Mercer Advisors was guided by a desire to find a firm that embraced similar values and could support continued growth while maintaining a boutique, relationship-driven client experience.
“A financial plan is more than just numbers, it’s the foundation for a life you’ll cherish,” said Renée McConnell, Founder and CEO of McConnell Financial Advisors. “I was looking for a partner that believed in doing the right thing for clients and understood that when you lead with purpose, success follows. Mercer Advisors stood out for its deep bench of planning expertise, strong culture and ability to help us scale our impact without losing what makes us special.”
“Renée and her team bring an authentic, relationship-driven approach rooted in trust and thoughtful financial guidance,” added Martine Lellis, Executive Managing Partner, M&A Partner Development, Mercer Advisors. “Their holistic wealth management expertise and long-term client commitment strengthen our promise to deliver comprehensive, fiduciary advice across every stage of life.”
Mercer Advisors’ acquisition of McConnell Financial Advisors deepens its footprint across the Mountain West and adds to the firm’s growing national focus on Women & Wealth initiatives, supporting women as clients, advisors and leaders within the wealth management profession.
For more information about partnering with Mercer Advisors, please visit partnerwithus.merceradvisors.com
About Mercer Advisors
Mercer Advisors was named the #1 ranked RIA firm in the nation for two years in a row according to Barron’s 2025 and 2024 Top 100 Registered Investment Advisor Firms. For 40 years, Mercer Advisors has been trusted to help families amplify and simplify their financial lives. The company offers comprehensive, fee-based family office services, including financial planning, estate and tax planning, insurance solutions, and corporate trustee and trust administration services. Mercer Advisors Inc. is a parent company of Mercer Global Advisors Inc. and is majority owned by Oak Hill Capital, Genstar Capital, and Altas Partners. Mercer Global Advisors, Inc. is headquartered in Denver, Colorado, is privately held, has over 1,400 employees, and operates nationally through more than 100 locations. Mercer Advisors has $90 billion in client assets. For more information, visit merceradvisors.com and partnerwithus.merceradvisors.com.
Company statistics as of September 30, 2025. Client assets refers to client assets under management (AUM) and client assets under advisement (AUA) as well as assets gained from recent acquisitions where the advisory agreements have been properly assigned to Mercer Global Advisors, but the custodial accounts have yet to be transferred and/or the accounts have yet to be migrated to Mercer Global Advisors’ portfolio management system. Mercer Advisors is not a law firm and does not provide legal advice to clients. All estate planning documentation preparation and other legal advice is provided through select third parties unaffiliated to Mercer Advisors. Tax preparation and tax filing are a separate fee from Mercer Advisors’ investment management and planning services. Trustee services are offered through select third parties with which a client would engage directly, as such additional fees may apply. Mercer Global Advisors has a related insurance agency. Mercer Advisors Insurance Services, LLC (MAIS) is a wholly owned subsidiary of Mercer Advisors Inc. MAIS provides individual life, disability, long term care coverage, and property and casualty coverage through various insurance companies. 2025 and 2024 – Barron’s Top 100 RIA methodology Mercer Advisors was ranked #1 for non-mega RIA firms. Advisers who wish to be ranked fill out a 100+ question survey about their practice. Barron’s verifies that data with regulatory databases and then Barron’s applies their rankings formula to the data to generate a ranking. The formula features three major categories of calculations: (1) Assets (2) Revenue (3) Quality of practice. In each of those categories Barron’s does multiple sub calculations including asset type, growth, client retention, technology spending, succession planning, diversity of their teams, charitable and philanthropic work and compliance records. No fee was paid for participation in the ranking, however, Mercer Advisors has paid a fee to Barron’s to use the ranking in marketing. Please Note: Limitations. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Mercer Advisors or its investment professionals are engaged, or continues to be engaged, to provide investment advisory services. A fee was not paid by either Mercer Advisors or its investment professionals to receive the award or ranking. The award or ranking is based upon specific criteria and methodology. No ranking or recognition should be construed as an endorsement by any past or current client of Mercer Advisors or its investment professionals.
More News and Awards
Ready to learn more?
Explore More
