Mercer Global Advisors, a national registered investment adviser (RIA), has acquired Waypoint Capital Advisors, an investment advisory and financial planning firm that manages nearly $1 billion in client assets for ultra-high-net-worth (UHNW) individuals and families.
Based in Minneapolis and serving families across the United States, Waypoint hopes to redefine the family office experience to solve the unique challenges faced by generationally wealthy families. Since its founding in 2015, Waypoint has been focused on the entirety of families’ financial lives and strives to bring simplicity to each client relationship. It accomplishes this via a straightforward approach that demystifies the confusion surrounding fees, planning and trusted adviser coordination. Waypoint will expand on how it serves UHNW clients and multigenerational families by tapping into Mercer Advisors’ specialists and capabilities in these areas.
“Partnering with Mercer Advisors for our next p