DENVER--(BUSINESS WIRE)--Mercer Global Advisors, Inc. (“Mercer Advisors”), a national Registered Investment Adviser (RIA), today announced the acquisition of Chapel & Collins, an RIA based in Fort Collins, Colorado. Managing approximately $675 million for more than 500 individuals and families, Chapel & Collins specializes in serving business owners, retirees and pre-retirees, in addition to advising corporate retirement plans and providing institutional consulting services. The addition of Chapel & Collins pushes Mercer Advisors’ assets under management in Colorado to nearly $5 billion across its seven offices and over 150 employees in the Greater Denver Area.
Chapel & Collins offers in-depth financial planning to address the management, preservation and transfer of multigenerational wealth. Its seven-person team, including four CFP® professionals, has more than 100 years of combined experience in the financial services industry. The firm provides a wide range of services catered to high-net-worth investors, including estate, charitable, giving and trust planning; alternative investments; tax planning and more. Founding partner Dennis Collins sought out Mercer Advisors for its extensive resources, specialized services and operational support. This move enables Collins and his team to provide an enhanced, more personalized client experience, while leveraging Mercer Advisors’ extensive teams for support in many areas.
“By leveraging Mercer Advisors’ tremendous scale and resources, we can devote more time and attention to helping our clients navigate their unique challenges and opportunities,” said Collins. “Families with multigenerational wealth are often confronted with complex financial lives that require a more nuanced, thoughtful approach. Partnering with a leading national fiduciary firm like Mercer Advisors helps empower our team of advisors to strengthen existing client relationships and develop new ones.”
For Mercer Advisors, Chapel & Collins brings additional financial planning depth and wealth advisor capacity to the region.
“Chapel & Collins is a shining example of a firm that shares our client-first philosophy, with financial planning at the center of every relationship,” said Martine Lellis, Principal, M&A Partner Development at Mercer Advisors. “The highly experienced team is well-positioned to continue growing its client base, and we look forward to supporting them every step of the way.”
Mercer Advisors’ continued expansion in Colorado follows its recent acknowledgement as the “Fastest Grower” in the state per Citywire’s 2024 Top 50 Fastest Growers Across America list, as well as its top ranking in the Denver Business Journal’s 2024 Colorado-Based Investment Managers. Since relocating its headquarters to Denver in 2017, Mercer Advisors has grown to serve more than 2,200 families in the Denver area.
“Growing our footprint in Greater Denver and Fort Collins helps us deepen our roots in one of our key markets,” said Dave Welling, CEO of Mercer Advisors. “By extending our integrated wealth management experience to more families in the Denver area, we’re able to help amplify and simplify their financial lives. In doing so, we can make a meaningful impact on these vibrant local communities.”
For more information about partnering with Mercer Advisors, please visit merceradvisors.com/acquisitions.
About Mercer Advisors
Mercer Advisors, the #1 ranked RIA firm in the nation according to the Barron’s 2024 Top 100 Registered Investment Advisor Firms, was founded in 1985. For nearly 40 years, Mercer Advisors has been trusted to help families amplify and simplify their financial lives. The company offers comprehensive, fee-based family office services, including financial planning, estate and tax planning, insurance solutions, and corporate trustee and trust administration services. Mercer Advisors Inc. is a parent company of Mercer Global Advisors Inc. and is majority owned by Oak Hill Capital, Genstar Capital, and Altas Partners. Mercer Global Advisors, Inc. is headquartered in Denver, Colorado, is privately held, has 1,170+ employees, and operates nationally through more than 90 locations. Mercer Advisors has $66 billion in client assets. For more information, visit merceradvisors.com and merceradvisors.com/acquisitions.
Important Information
Company statistics as of September 30, 2024. Client assets refer to client assets under management (AUM) and client asset under advisement (AUA) as well as assets gained from recent acquisitions where the advisory agreements have been properly assigned to Mercer Global Advisors, but the custodial accounts have yet to be transferred and/or the accounts have yet to be migrated to Mercer Global Advisors’ portfolio management system.
Mercer Advisors is not a law firm and does not provide legal advice to clients. All estate planning documentation preparation and other legal advice is provided through select third parties unaffiliated to Mercer Advisors. Tax preparation and tax filing are a separate fee from Mercer Advisors’ investment management and planning services. Trustee services are offered through select third parties with which a client would engage directly, as such additional fees may apply. Mercer Global Advisors has a related insurance agency. Mercer Advisors Insurance Services, LLC (MAIS) is a wholly owned subsidiary of Mercer Advisors Inc. Employees of Mercer Global Advisors serve as officers of MAIS. MAIS provides individual life, disability, long term care coverage, and property and casualty coverage through various insurance companies.
2024 - Barron’s Top 100 RIA methodology: Mercer Advisors was ranked number 1 for firms with fewer than $70 billion in client assets. In 2024 Barron’s ranked the largest registered investment advisor firms separately from its broader RIA ranking. For Barron’s Mega RIAs list, they selected firms that manage 2% or more of the total assets of all ranking applicants. This year, that created a threshold of $70 billion in assets. Advisers who wish to be ranked fill out a 100+ question survey about their practice. Barron’s verifies that data with regulatory databases and then Barron’s applies their rankings formula to the data to generate a ranking. The formula features three major categories of calculations: (1) Assets (2) Revenue (3) Quality of practice. In each of those categories Barron’s does multiple sub calculations including asset type, growth, client retention, technology spending, succession planning, diversity of their teams, charitable and philanthropic work and compliance records.
2024 Citywire 50 Fastest Growing RIAs: Citywire’s methodology: We look at historical Form ADV data provided to us by Discovery Data and use a series of filters and screens to a) remove firms that don’t do financial planning and/or are controlled by banks or broker-dealers and b) zero in on firms that are growing in terms of both assets and employees.
2024 Top Colorado-based Investment Managers: Information on the List was supplied by individual companies through questionnaires and could not be independently verified by Denver Business Journal. Only companies that replied to the Denver Business Journal inquiries were included in this List.
Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Mercer Advisors is engaged, or continues to be engaged, to provide investment advisory services. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser. Rankings are generally limited to participating advisers (see participation criteria/methodology). Unless expressly indicated to the contrary, Mercer Advisors did not pay a fee to be included on any such ranking. No ranking or recognition should be construed as a current or past endorsement of Mercer Advisors by any of its clients.
