Mercer Advisors acquires Eagleson Arndt Financial Advisors
What's the deal? Mercer Advisors, a US wealth management firm, has added Eagleson Arndt Financial Advisors to its platform. The acquisition brings a planning-led advisory team into Mercer's fold, expanding its reach and capabilities in financial planning services.
The signal: The deal fits a broader pattern of consolidation in the wealth management industry, where larger firms continue snapping up smaller, planning-focused advisory practices. For Mercer Advisors, which has been on an aggressive acquisition spree in recent years, this is another step toward building national scale through a buy-and-build strategy — a playbook increasingly common among private equity-backed advisory platforms.
Read more: benzinga.com