top of page
Search

Mercer Advisors Buys Connecticut Firm With $412M In AUA

  • Writer: Generational Marketer
    Generational Marketer
  • Sep 3, 2024
  • 1 min read

Mercer Global Advisors today announced the acquisition of Benchmark Wealth Management LLC, a financial planning and wealth management firm in Old Lyme, Conn., that serves more than 300 clients and has $412 million in assets under advisement.

Benchmark was created by Richard Stout III and Thomas Britt, who merged their separate practices in 2007 while working at Wells Fargo. They were with Wells Fargo from 2007 to 2016, according to BrokerCheck. Both men entered the financial service industry in 2000.



Read More...

 
 
 

Recent Posts

See All
MAI acquires $245m Florida RIA

The deal marks the third for MAI since its addition of Evoke Advisors two months ago. Serial acquirer MAI Capital Management is maintaining a steady deal flow in the wake of its blockbuster Evoke Advi

 
 
 
Carson Group buys $570m Colorado RIA

Carson Group is adding to its Colorado presence with the acquisition of a Denver-area RIA.  The mega-RIA said Tuesday it has agreed to...

 
 
 

Comments

bottom of page