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Financial Advisory  + RIAs & Financial Advisors  + Wealth Management  | 
Mercer Advisors Adds to Its List of RIA Firms, Acquires Michigan-based Vintage Financial Services

Mercer Advisors Adds to Its List of RIA Firms, Acquires Michigan-based Vintage Financial Services

Mercer Advisors Inc., a registered investment adviser backed by private equity firms Oak Hill Capital and Genstar Capital, has acquired Vintage Financial Services, LLC, a wealth management firm, for an undisclosed amount. 

Founded by Frank Moore in 1985, the Ann Arbor, Michigan-based Vintage currently advises more than 500 clients with over $850mn in assets under management. 

The latest acquisition is the third deal by Mercer Advisors in Michigan since 2016. 

The company’s Michigan team, including Vintage employees, currently handles more than $2.7bn assets on behalf of 2,400 clients. 

Mercer Advisors CEO Dave Welling said: “The business combination between Mercer Advisors and Vintage is a perfect fit with both firms anchoring on financial planning.” 

This is Mercer’s 17th wealth management firm acquisition this year, and the 6th since September. Last week, Mercer purchased Regis Management Company, a wealth management firm with $5bn in assets. 

Established in 1985, Mercer Advisors has more than $37bn in assets under management. 

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Mercer AdvisorsVintage Financial Services

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.

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