IM Deals Blog

Mercer Global Acquires River Glen Wealth

Written by admin | Jan 31, 2024

On January 9, 2024, Mercer Global Advisors, Inc. announced that it acquired River Glen Wealth Counselors.

Mercer Global Advisors, Inc. (“Mercer”) announced on January 9, 2024 that it acquired Veerkloh, LLC, doing business as River Glen Wealth Counselors (“River Glen”). Further terms of the transaction were not disclosed.

Mercer, based in Denver, is a registered investment advisor that provides investment management and financial planning services. As of October 2023, Mercer had $50 billion assets under management.

River Glen, based in West Des Moines, Iowa, is a wealth management firm providing financial planning services. River Glen has $275 million in assets under management.

To read the press release: please click here.