Mercer Acquires Epstein & White

INVESTMENT MANAGEMENT DEALS BLOG

March 29, 2021

On March 10, 2021, Mercer Global Advisors, Inc. announced that it had acquired Epstein & White Financial LLC.

Under the terms of the transaction, Mercer Global Advisors, Inc. (“Mercer”) acquired Epstein & White Financial LLC (“Epstein”). Over twenty Epstein team members will join Mercer. The transaction closed on December 31, 2020. Terms of the deal were not disclosed.

Mercer, based in Denver, Colorado, is a registered investment adviser, specializing in investment advice, corporate trustee and trust administration services, financial and estate planning, and taxes. Mercer has approximately $28 billion in client assets.

Epstein, based in San Diego, California, is a wealth management firm that focuses on wealth management services to mass affluent and high net worth clients. Epstein has approximately $740 million in assets under management.  Park Sutton Advisors LLC acted as financial advisor to Epstein on the transaction.

To read the press release: please click here.