Mercer Advisors Expands Its Presence in the Northeast with New Acquisition
Mercer Global Advisors, Inc. is thrilled to announce its latest acquisition of Benchmark Wealth Management, LLC. This specialized firm is dedicated to serving high-net-worth (HNW) individuals and retirees. Known for its comprehensive approach to financial planning and wealth management, Benchmark aligns perfectly with Mercer Advisors' growth strategy.
Introducing Benchmark Wealth Management
Founded in 2007 by Richard (Rick) Stout III and Thomas (Tom) Britt, Benchmark Wealth Management has successfully merged their practices to cater to over 300 clients. With an impressive $412 million in assets under advisement, Benchmark distinguishes itself by providing personalized services that resonate with its discerning clientele.
Client-Centric Approach
Rick Stout highlights the significance of building strong client relationships, stating, "Financial planning is foundational to how we deliver on the white-glove experience that we promise." This dedication aligns perfectly with Mercer Advisors' mission to enhance the customer experience throughout its operations.
Expertise in Advisory Services
David Barton, Vice Chairman of Mercer Advisors, noted that this acquisition brings valuable expertise to tackle the unique challenges faced by high-net-worth clients. He emphasized the strategic advantages of incorporating Benchmark's capabilities into Mercer Advisors' existing service offerings.
Looking Ahead
As Mercer Advisors moves forward, they plan to leverage Benchmark’s established practices to expand their range of services. By integrating estate planning, tax guidance, and comprehensive financial planning, they aim to further enhance the experiences of their clients.
Broadened Service Offerings
With this expansion, Mercer Advisors will not only elevate the quality of their services but also reinforce their position as a leader in wealth management. This growth is particularly important as they seek to strengthen their presence in key markets throughout the Northeast.
Strategic Growth in the Market
Dave Welling, CEO of Mercer Advisors, expressed enthusiasm about merging the teams and exploring new ways to engage more meaningfully with clients. This strategic initiative is expected to yield positive outcomes.
About Mercer Advisors
Founded in 1985, Mercer Global Advisors is a full-service wealth management and financial planning firm. Headquartered in Denver, Colorado, it is committed to providing fee-based financial services that include investment management, estate planning, retirement benefits, insurance solutions, and more. Currently, Mercer Advisors manages a substantial portfolio of $63 billion in client assets.
National Reach
With a workforce of over 1,150 professionals across more than 90 locations nationwide, Mercer Advisors is recognized for its dedication to delivering quality service tailored to the diverse needs of clients from all backgrounds.
Dedication to Excellence
Although Mercer Advisors is not a law firm, it collaborates with selected third-party providers to ensure clients receive comprehensive legal advice, estate planning, and tax preparation when necessary. This collaboration enables them to offer holistic and personalized financial solutions.
Contact Mercer Advisors
To learn more about the services they offer, visit merceradvisors.com or contact Chris Tofalli at Chris Tofalli Public Relations, LLC, by calling 914-834-4334.
Frequently Asked Questions
What does the acquisition of Benchmark Wealth Management mean for Mercer Advisors?
This acquisition will enhance Mercer Advisors' service offerings for high-net-worth clients and strengthen their presence in the Northeast market.
Who are the founders of Benchmark Wealth Management?
Benchmark was established by Richard (Rick) Stout III and Thomas (Tom) Britt, both of whom have extensive experience in wealth management.
What is the total amount of assets managed by Benchmark?
Benchmark manages around $412 million in assets under advisement.
What services does Mercer Advisors provide?
Mercer Advisors offers a variety of financial services, including investment management, financial planning, estate and tax planning, and insurance solutions.
How many professionals work at Mercer Advisors?
Mercer Advisors employs over 1,150 professionals across the United States, providing support to clients on a national scale.
