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Mercer expands in US with purchase of two wealth management firms
Summary by Private Banker International
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Mercer expands in US with purchase of two wealth management firms
Mercer Global Advisors has acquired Poterack Capital Advisory (PCA) and Long Run Wealth Advisors, adding approximately $905m in assets under management to its portfolio. PCA, based in Jackson, Wyoming, manages around $265m in client assets. Founded in 2001 and led by CEO Ryan Poterack, the firm serves clients across more than 30 states, operating within a virtual model. The team, which includes Anna Hopkins and Alec Quaid, provides services…
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