On October 4, 2022, Mercer Global Advisors announced the acquisition of Goldstein Munger + Associates.
Under the terms of the transaction, Mercer Global Advisors (“Mercer”) acquired Goldstein Munger + Associates (“Goldstein Munger”). Financial terms were not disclosed.
Mercer, based in Denver, is a registered investment advisor that provides investment management and financial planning services. Mercer has $38 billion assets under management.
Goldstein Munger, based in Northern California, is a wealth management firm catering to ultra-high net worth clients and has over $1 billion in client assets under management. Goldstein Munger received exclusive financial advice on the transaction from the investment banking and consulting firm DeVoe & Company.
To read the press release: please click here.