Mercer Global Advisors, a national registered investment adviser (RIA), has announced the acquisition of Long Run Wealth Advisors, a Lake Placid, N.Y.–based wealth management firm with approximately $640 million in assets under management (AUM). The partnership expands Mercer Advisors’ upstate New York footprint beyond its Rochester area office located in Fairport and strengthens its ability to serve clients throughout the Capital Region (Albany/Saratoga), Northern New York and Vermont.
Led by principals Kevin Brady and Lynn Magnus, Long Run provides comprehensive, personalized financial planning and wealth management for clients, including families, retirees, business owners and nonprofit organizations such as endowments and foundations.
Joining Mercer Advisors gives Long Run access to an expanded suite of centralized resources, including advanced estate and tax planning, institutional-grade investment management, family office services and a dedicated alternative
