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The Financial Advisory Deals This Week


Here are the breakaways, mergers and acquisitions, and appointments announced the week of Jan. 25, 2021.
WealthManagement.com | Jan 29, 2021
In a week in which financial (and mainstream) media was largely dominated by the evolving Gamestop/Robinhood/Reddit saga, the M&A market, nonetheless, kept chugging along.
Cleveland, Ohio–based MAI Capital announced it is acquiring HW Financial Advisors, an affiliate of accounting firm Howard, Wershbale & Co (HW&Co) in Beachwood, Ohio.
Mercer Advisors deepened its hold in the Midwest as it tucked in Marrs Wealth Management, an 11-year-old firm located in Ames, Iowa, according to a company announcement. The Denver-based firm closed the deal on Marrs on Dec. 31, 2020, making it Mercer’s seventh acquisition since November. ....

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