Mercer Advisors Acquires Atlanta Money Associates, LLC

DENVER, Jan. 7, 2021 /PRNewswire/ — Mercer Global Advisors Inc. (“Mercer Advisors”), a nationwide Registered Financial commitment Adviser (“RIA”), currently announced the acquisition of Atlanta Money Associates, LLC (“AFA”), a respected wealth administration firm situated in Atlanta, Ga. AFA serves roughly 570 clients with assets less than management (“AUM”) of around $815 million. AFA was launched in 1992 by Julianne Andrews, MBA, CFP®, AIF® (“Julie”) and Cathy Miller MBA, CFP®, CRPS®, CDFA™ (“Cathy”) focusing on delivering detailed wealth administration services to their significant internet worthy of clients. AFA has 4 shareholders that include things like Julie, Cathy, Rick Henderson, CPA, CFP®, AIF®, and Chris Blackmon, CPA, CFP®. In all, nineteen AFA staff customers will be becoming a member of the Mercer Advisors’ crew. The AFA transaction closed December 31, 2020.

AFA is a female led and launched RIA that has been an marketplace chief for decades. Identical to Mercer Advisors, AFA is a multi-family place of work of economical gurus who have obtained generations of information and varied skill sets to present sector main financial advice for their purchasers. AFA’s proprietary FIT™ programs: systematic evaluation and roadmap of their clients’ requires that charts a system from where by they uncover their clients’ recent fiscal status to the place they want to be, even though simultaneously setting up their family’s financial wellness for many years to arrive.

Commenting on the transaction, Julie Andrews, Founder, stated: “AFA is an RIA that puts the requires of our consumers first, fiduciary minded and developed. We encompass our clients with field gurus designed to guarantee their goals are fulfilled in what ever context pertinent. When it arrived time for us to explore our individual succession plan and business continuity strategy, we wished to make guaranteed our consumers ongoing to obtain the greatest quality of care. To that close, we looked for a companion that shared our ‘client first’ way of thinking and could produce on the assure of the greatest caliber economic stewardship. Just after meeting with David Barton, Mercer Advisors Vice Chairman and M&A Leader, we realized we had observed the appropriate partner in Mercer Advisors.” Co-Founder Cathy Miller added: “We experienced quite a few suitors, but Mercer Advisors was most aligned with our business enterprise product and tradition and authorized us to take gain of their scale and leverage so we could offload middle and back-workplace obligations to disciplined and specialised professionals. We also beloved that they offered their purchasers in-dwelling relatives business services like estate scheduling, tax return preparing and corporate trustee expert services.”

David Barton, who led this transaction on behalf of Mercer Advisors, included: “Julie, Cathy, Rick, and Chris have developed a multidisciplinary RIA follow that carefully aligns to our functioning product. They also have a deep and gifted team that stacks talent in our already strong and fast-rising Ga hub. AFA is each suitable and complementary and our business enterprise mixture offers a formidable juggernaut in the Southeast. We are poised for rapid development.”&#13

Dave Welling, Chief Govt Officer of Mercer Advisors claimed, “AFA is a powerful and rising RIA who shares our determination to giving an integrated and expansive established of companies to consumers to support them accomplish financial overall health and peace of mind. AFA will be signing up for forces with our area means in Atlanta expanding our currently sturdy existence in Georgia and the Southeast area. We are fired up to associate with the AFA staff and glance ahead to serving their purchasers as element of the Mercer Advisors family members with expanded prosperity management providers for many years to appear.”

Park Sutton Advisors LLC served as special money advisor to Atlanta Financial Associates, LLC in this transaction with legal illustration by Riezman Berger, P.C.

About Mercer Advisors
Founded in 1985, Mercer Worldwide Advisors Inc. (“Mercer Advisors”) is a prosperity management firm that specializes in furnishing investment decision guidance, economic and estate scheduling, and taxes, and corporate trustee and belief administration providers. It is 1 of the major Registered Expenditure Advisers and money planning companies in the U.S. with practically $25 billion in consumer assets. Headquartered in Denver, Mercer Advisors is privately held, has above 440 personnel, and operates nationally across the state with 45+ areas. Mercer Advisors Inc. is a guardian organization of Mercer International Advisors Inc. (RIA), vast majority owned by equally Oak Hill Capital and Genstar Money. Mercer Global Advisors has a related insurance plan agency. Mercer Advisors Insurance policy Products and services, LLC (MAIS) is a wholly owned subsidiary of Mercer Advisors Inc. Personnel of Mercer World wide Advisors serve as officers of MAIS. For Mercer International Advisors shoppers who desire to order insurance plan products, MAIS has entered into a non-exceptional referral arrangement with Strategic Companion(s). Additional information and facts about MAIS and our Strategic Partners may be identified in our Form ADV 2A. Take a look at us at www.merceradvisors.com.

Facts as of December 31, 2020. AUM involves affiliate marketers and wholly owned subsidiaries announced to day.

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