Mercer Global Advisors Inc., a national registered investment adviser, has acquired Summit Wealth Advisors Inc., a wealth management firm located in Frisco, Colorado with assets under management of approximately $130 million.
Robert Fred Lau founded Summit in 1993 to deliver full-service financial planning and investment management services to their mass affluent and high net worth clientele. Emily Ann Messegee, a shareholder and client advisor, will also be joining Mercer Advisors along with the Summit team.
Summit specializes in holistic financial planning including asset management, portfolio construction and maintenance, retirement planning for individuals and small businesses.
The addition of Summit expands Mercer Advisors’ presence in the state of Colorado where the firm has more than $2 billion of client assets. The firm relocated its corporate headquarters from California to Denver in 2018 and now services clients across the state.
Established in 1985, Mercer Global Advisors Inc. is a full-service wealth management firm that specializes in providing investment advice, financial and estate planning, and taxes, and corporate trustee and trust administration services.
Mercer Advisors is a parent company of Mercer Global Advisors Inc. (RIA), majority owned by both Oak Hill Capital and Genstar Capital. It is one of the largest independent RIAs and financial planning firms in the U.S. with more than $20 billion in client assets. The firm has approximately 440 employees and operates nationally across the country with 40+ locations.