Mercer to Acquire AFI Wealth

July 8, 2021

On June 23, 2021, it was announced that Mercer Global Advisors, Inc. will acquire A. Farah Investments, L.L.C. dba AFI Wealth Strategies.

Under the terms of the transaction, Mercer Global Advisors, Inc.  (“Mercer”) purchased A. Farah Investments, L.L.C. dba AFI Wealth Strategies (“AFI”). The AFI team will join Mercer. Further terms of the deal were not disclosed.

Mercer, based in Denver, is a registered investment adviser, specializing in investment advice, corporate trustee and trust administration services, financial and estate planning, and taxes. As of May 31, 2021, Mercer had approximately $31 billion in client assets.

AFI, based in Green Bay, is a wealth management firm. As of May 31, 2021, AFI had approximately $240 million in assets under management.

To read the press release: please click here.


Categories

Investment Manager M&A, Transactions