Mercer Advisors acquires Spruce Hill Capital

November 23, 2015

On November 13, 2015, Mercer Advisors Inc. announced that it acquired Spruce Hill Capital, LLC, a registered investment advisor based in Guilford, CT.


Spruce Hill Capital, LLC (“Spruce Hill”) manages approximately $110 million in client assets. Mercer Advisors Inc. (“Mercer”), located in Santa Barbara, California, is a wealth management firm with more than $6 billion in assets under management and 5,000 clients. The purchase of Spruce Hill provides Mercer with a presence on the East Coast.

Terms of the transaction were not disclosed.

To read the press release: please click here.

 


Categories

Investment Manager M&A, Transactions