Mercer Advisors acquires Jordan Financial Strategies

Denver-based Mercer Global Advisors, one of the largest registered investment advisers in the United States, announced the acquisition of Jordan Financial Strategies. Jordan, also located in Denver, manages approximately $120 million across 362 client accounts.

Kristy R. Jordan founded the firm in 1998 and will join Mercer with her team.

“As I contemplated my own succession planning, I focused on finding a partner who would continue to work with me in my mission to serve my clients with excellence and who shared the same business virtues and values,” said Jordan in a statement. “After meeting with Dave Welling, CEO of Mercer Advisors, and David Barton, Vice President of Mercer Advisors, who leads M&A, it was clear to me that they were the best platform partner for my clients and my team. .

“Like Jordan, Mercer Advisors leads financial planning, our investment philosophies are closely aligned, and they have in-house family office services such as estate planning, tax preparation, and corporate trustee services that help me expand the service offering to my clients,” she said. “It’s a perfect cultural fit for us.”

“Kristy leads a well-respected wealth management team and will fit well with our already strong presence in Colorado, including our national hub in downtown Denver,” Welling said. “We are thrilled to have them join the Mercer Advisors team and look forward to working together to help deliver meaningful results to our mutual clients.”

Founded in 1985, Mercer has now added 65 companies since its inception. Majority investments from private equity firms Oak Hill Capital and Genstar Capital have enabled RIA to significantly increase its M&A activity in recent years and Mercer added 10 new companies in the first half of 2022, followed by three more in July and August. It is among the fastest growing RIAs in the country, claiming over $37 billion in client assets.

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