Mercer Advisors Expands Mid-Atlantic Footprint with Glass Jacobson Acquisition
Mercer Advisors has acquired Glass Jacobson Wealth Advisors, a Maryland-based wealth management firm with approximately $1 billion in assets under management and deep roots in tax and accounting. The transaction strengthens Mercer Advisors’ presence in the Mid-Atlantic, extending its reach across the Baltimore–Washington, D.C. corridor.
Founded in 2001 and originating from Glass Jacobson Financial Group, an accounting and tax practice established in 1962, Glass Jacobson Wealth Advisors is led by CEO Jonathan Dinkins and a team of more than 20 advisors, planners, and analysts serving over 660 families. The firm has long combined comprehensive wealth management with tax and accounting expertise, positioning itself as a one-stop advisory resource for affluent households and business owners.
By joining Mercer Advisors, Glass Jacobson gains access to a fully integrated suite of services, including family office capabilities, broader estate and tax planning resources, and institutional-caliber investment management. Mercer executives highlighted the firm’s heritage, leadership and next-generation talent as key reasons for the partnership, noting that Glass Jacobson’s fiduciary culture and planning-led approach align closely with Mercer’s strategic vision.
“Glass Jacobson’s combination of heritage, leadership and vision makes them a natural fit for Mercer Advisors,” said Ted Motheral, Principal and M&A Partner Development lead at Mercer Advisors. “Their next-generation team exemplifies the kind of forward-thinking, fiduciary leadership that strengthens our platform and enhances the impact we can make in helping clients achieve their financial goals.”
The deal follows a string of recent transactions for Mercer Advisors, which oversees roughly $90 billion in client assets. In the past several months, the Denver-based RIA has acquired Southern California tax practice Beach Freeman Lim & Cleland and Encino, California-based Singer Burke, further building out its tax, planning, and specialized wealth-management capabilities.
MarshBerry served as investment banker to Glass Jacobson Wealth Advisors on the transaction.