Mercer Global Advisors has acquired Regent Wealth Management Group, a registered investment adviser located in Woodbridge, Conn., serving approximately 110 high-net-worth households with assets under management (AUM) of approximately $300 million.
The addition of Regent Mercer Advisors’ presence in the Northeast increases its branch count to 11 offices in the region with approximately $2.7 billion in AUM, and three offices in Connecticut. The Regent acquisition brings Mercer’s total offices to 43, and increases Mercer Advisors’ total AUM to more than $16.5 billion.
Regent was founded in 1987, focusing on the unique needs of high-net-worth-individuals and families. Accordingly, Regent provides comprehensive wealth management services to its clientele and is their proverbial “trusted adviser”, managing all aspects of their clients’ financial lives.
