Mercer Advisors Buys Connecticut Firm With $412M In AUA

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.

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https://www.fa-mag.com/news/mercer-advisors-buys-connecticut-firm-with--412m-in-aua-79378.html?section=126