Mercer Global Advisors has acquired a Los Angeles-based wealth management firm, boosting the firm’s offerings in the entertainment business. 

The firm, Encino, CA-based Singer Burke, which was founded in 1972 by Sandy Singer, specializes in providing “collaborative and comprehensive planning,” with a focus on media and entertainment professionals. 

The acquisition, which closed on September 30, includes Singer Burke’s RIA division, SB Capital Management, which oversees $1.2 billion in client assets, and Singer Burke Zimmer & Kogan,which provides accounting, tax, business management, and financial consulting. 

Singer Burke is led by partners Matthew Burke, Richard Singer, Elaina Kogan, Stephanie Connor Arkof, and Amitha Harichandran. Across both of Singer Burke’s divisions, the team includes about 60 members, Mercer said. 

Richard Singer, who is the co-founder and president of SB Capital Management, is Sandy Burke’s son. 

The three practices join Mercer Advisors’ Regis Group, which focuses on clients with $25 million or more in investable assets. Mercer Advisors acquired Regis Group in 2022, as the firm wanted to emphasize multigenerational wealth planning. 

“We believe client outcomes are strongest when financial professionals work in true coordination,” says Burke. “For decades, we’ve had the privilege of serving some of the most accomplished individuals in entertainment and media. We partnered with Mercer Advisors because we believe the firm’s collaborative ethos, supported by its team of integrated specialists, exemplifies how clients receive the best service.” 

Recently, Mercer Advisors acquired Eagle, ID-based West Oak Capital, which oversees about $500 million in client assets. 

Denver-based Mercer Global Advisors is backed by a collective group of private equity firms, including Oak Hill Capital, Genstar Capital, and Altas Partners. The firm manages about $72 billion in assets under management and operates across more than 100 locations, the firm said.