Mercer Acquires Blue Moon Wealth Advisory

August 28, 2017

On August 16, 2017, Mercer Advisors Inc. announced the purchase of Blue Moon Wealth Advisory LLC, an investment management firm based in Bellevue, Washington.

Following the transaction, the assets under management of Mercer Advisors Inc. (“Mercer”) will increase to approximately $11 billion. In addition, Mercer will consolidate its office and the office of Blue Moon Wealth Advisory LLC (“Blue Moon”) in the Bellevue area.

Founded in 1985, Mercer is a registered investment advisor located in Santa Barbara, California. It provides fee-only investment management, financial planning, and family office services, among others. Mercer is privately held, with 24 branch offices and more than 200 employees across the nation.

Blue Moon is a full-service wealth management provider and was founded in 2014 by Michael J. Greiner, CFP.

To read the press release: please click here.


Categories

Investment Manager M&A, Transactions