Mercer Advisors Acquires Precipio Wealth Management LLC

Mercer Global Advisors today announced the acquisition of Precipio Wealth Management LLC, (“Precipio”), a respected wealth management firm located in McLean, Virginia. Precipio serves clients in 19 states with assets under management (AUM) of approximately $250 million. Precipio was founded as a fee-only RIA in 2009 by Edgar L. Parrish, Managing Principal, CFP®, CIMA®, AIF®, and Katherine M. Parrish, Managing Principal, CIMA®, AIF®. Precipio offers comprehensive financial planning and portfolio management to high-net-worth individuals, families, trusts, and retirement plans, with a practice that stretches back to the 1970’s. Precipio’s entire team will be joining Mercer Advisors.