M&A Deal Summary

Mercer Advisors Acquires Benemark

On March 1, 2022, Mercer Advisors acquired financial services company Benemark

Acquisition Highlights
  • This is Mercer Advisors’ 28th transaction in the Financial Services sector.
  • This is Mercer Advisors’ 39th transaction in the United States.
  • This is Mercer Advisors’ 3rd transaction in Connecticut.

M&A Deal Summary
Date 2022-03-01
Target Benemark
Sector Financial Services
Buyer(s) Mercer Advisors
Deal Type Add-on Acquisition

Target

Benemark

Westport, Connecticut, United States
Benemark provides comprehensive financial planning and portfolio management to high-net-worth individuals, families, and corporate clientele. Benemark's clients seek a trusted and knowledgeable confidant capable of delivering financial advice relevant to each person's unique circumstances allowing them the freedom to pursue what is important to them. Benemark was founded in 1995 and is based in Westport, Connecticut.

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Buyer(S) 1

Buyer

Mercer Advisors

Denver, Colorado, United States
Category Company
Founded 1985
Sector Financial Services
Employees280
DESCRIPTION

Mercer Advisors is an independent RIA primarily services the mass-affluent and high-net-worth clients. Mercer attracts and retains clients by offering comprehensive wealth management solutions, including: financial planning, investment management, tax management, retirement income and benefits planning, and estate planning. Mercer Advisors was founded in 1985 and is based in Denver, Colorado.

DEAL STATS #
Overall 41 of 66
Sector (Financial Services) 28 of 43
Type (Add-on Acquisition) 40 of 64
State (Connecticut) 3 of 4
Country (United States) 39 of 64
Year (2022) 2 of 15
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-13 Wrenn Financial

Raleigh, North Carolina, United States

Wrenn Financial is a wealth management firm providing financial planning and investment management services to its clients using an ensemble team approach among Wrenn's three CERTIFIED FINANCIAL PLANNER™ professionals and other team members. Wrenn Financial was founded in 1988 and is based in Raleigh, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-31 Convergent Wealth Management

Chesterfield, Missouri, United States

Convergent Wealth Management is an independent, full-service Registered Investment Advisory firm committed to helping sustain and build the wealth of customers. Convergent Wealth Management is based in Chesterfield, Missouri.

Buy -
Mergr

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