Novos Planning Acquired by Mercer Advisors

March 27, 2017

On January 1, 2017, Mercer Advisors Inc. announced the acquisition of Novos Planning Associates, Inc.

Novos Planning Associates Inc. (“Novos”) will continue its operations under the Mercer Advisors Inc. (“Mercer”) umbrella and will continue to be led by Madeline Noveck, founder of Novos. The terms of the transactions were not disclosed.

Mercer, the parent company of Mercer Global Advisors, is a wealth management firm providing comprehensive financial planning, investment management and family office services. As of November 30, 2016, Mercer had over $9.4 billion in assets under management.

Novos, based in New York City, is a registered investment advisor firm.

To read the press release: please click here.


Investment Manager M&A, Transactions