The firm announced the acquisition of the practices of financial advisors Dave Stuehling and John Swanson who are both based in Bend, Oregon. The duo, who are joining Mercer Advisors to benefit from its multi-family office services, will strengthen the firm's presence in the Pacific Northwest. The platform includes access to a technology stack, financial planning resources, expert investment management and robust operational support, the firm said in a statement.

Stuehling, who oversees about $114 million in assets, partnered with Mercer Advisors to benefit from the firm’s client-service resources, back-office solutions, and path to a partnership model. “Partnering with Mercer Advisors was the ideal decision to help provide my clients with best-in-class service and the support they need to achieve their financial goals,” Stuehling said.

Managing $110 million in client assets, Swanson was seeking a new home to provide his high net worth clients with an integrated, family-office-style service offering. “The combination of Mercer Advisors’ deep value proposition for clients and its fiduciary-first ethos aligns with my philosophy on how to best serve clients,” Swanson added.

The acquisition of Edward Vance also enhances Mercer Advisors' footprint in Georgia, where the firm has expanded its client assets from around $550 million in 2017 to over $4.5 billion today.

The latest purchases continue a run of acquisitions by Mercer. Recently, it purchased Minneapolis-based Waypoint Capital Advisors, an investment advisory and financial planning firm, as well as Chapel & Collins, an RIA based in Fort Collins, Colorado. See more here.