Mercer Advisors Acquires Marrs Wealth Management, LLC
Acquisition of Marrs Wealth Management, LLC (Registered Investment Adviser), Expands Mercer Advisors' Presence in Iowa and Central United States
News provided by
Share this article
Share this article
DENVER, Jan. 25, 2021 /PRNewswire/ -- Mercer Global Advisors, Inc. ("Mercer Advisors"), a national Registered Investment Adviser ("RIA"), today announced the acquisition of Marrs Wealth Management, LLC, ("Marrs"), a respected wealth management firm located in Ames, Iowa. Marrs serves approximately 275 clients with assets under management ("AUM") of approximately $215 million. Marrs was founded in 2010 by Craig Marrs, CFP®, CIMA®, AIF® ("Craig"), focusing on delivering comprehensive wealth management services to high net worth (HNW) clients. Marrs has three LLC members: Craig, Andra L. Reason, CPA, CFP®, and CSEP® ("Andra"), and Nathan Brammer, MBA, CIMA®, AIF® ("Nate"). In all, four Marrs team members will be joining the Mercer Advisors' team. The Marrs transaction closed December 31, 2020. From November 30 to December 31, Mercer Advisors acquired seven RIAs with a combined total of nearly $3.9B in AUM serving over 3,200 new clients with its expanded wealth management offering.