DENVER–(BUSINESS WIRE)–Mercer Global Advisors, Inc. (“Mercer Advisors”), a leading national Registered Investment Adviser (RIA), has announced its strategic acquisition of Financial Partners Group (“FPG”), a well-respected investment advisory and financial planning firm located in Gallatin, Tennessee. This acquisition significantly strengthens Mercer Advisors’ foothold in the thriving Nashville metropolitan area, extending its comprehensive family office service offerings to a wider client base within one of the nation’s fastest-growing markets.
Financial Partners Group brings to the partnership a robust portfolio of approximately $660 million in assets under management. The firm is expertly guided by founding partners Bo Bowling and Scott Paschal, who have cultivated a strong reputation for their specialization in retirement planning, wealth distribution strategies, and wealth transfer solutions. Financial Partners Group caters to a diverse clientele, ranging from individuals with substantial assets to ultra-high-net-worth families seeking sophisticated financial guidance.
By integrating with Mercer Advisors, Financial Partners Group will gain access to a significantly enhanced suite of investment management and financial planning resources. This includes leveraging a deeper bench of specialists across critical areas such as estate planning and tax optimization, empowering Financial Partners Group to deliver even more holistic and comprehensive services to their valued clients.
“At Financial Partners Group, our core mission has always been to be the most trusted advisor for our clients, blending deep professional expertise with unwavering integrity and highly personalized service,” stated Bo Bowling. “Joining forces with Mercer Advisors is a natural evolution for us, as it substantially strengthens our capacity to deliver the exceptional guidance and expanded services our clients have come to expect and deserve.”
Martine Lellis, Principal, M&A Partner Development at Mercer Advisors, commented, “Bo and Scott have successfully built a highly respected and client-centric practice at Financial Partners Group, firmly committed to providing top-tier financial advice. We deeply admire their approach, which is strongly aligned with Mercer Advisors’ own client-first philosophy and dedication to long-term financial success. We are excited to support their continued growth trajectory and enhance the breadth and depth of services they can offer to their clientele.”
A key factor in Financial Partners Group’s decision to join Mercer Advisors was the opportunity to leverage Mercer’s extensive resources, specialized service offerings, and robust operational support to strategically position their next generation of advisors for sustained growth and expanded opportunities.
Scott Paschal of Financial Partners Group added, “Mercer Advisors’ vast resources and enhanced capabilities will be instrumental in allowing us to continue delivering exceptional service to our clients. Furthermore, this partnership creates meaningful career advancement opportunities for our team members. This strategic alliance significantly enhances our ability to offer even more comprehensive financial solutions, providing our clients with greater confidence as they navigate their financial futures.”
Ben Kautz, CFP®, Executive Managing Director at Mercer Advisors, further emphasized the strategic benefits of the acquisition, stating, “Financial Partners Group has demonstrated impressive growth fueled by strong connections within their community. We are delighted that their team has chosen to partner with us to elevate their success to even greater heights. Their deep local market experience will be a valuable asset as we continue to expand our presence and deepen our commitment to the Nashville region.”
Advice Dynamics Partners served as the exclusive financial advisor to Financial Partners Group throughout this acquisition process.
Individuals interested in exploring partnership opportunities with Mercer Advisors are encouraged to visit merceradvisors.com/acquisitions for additional information.
About Mercer Advisors
Mercer Advisors, recognized as the #1 ranked RIA firm in the nation by Barron’s 2024 Top 100 Registered Investment Advisor Firms, was established in 1985. For nearly four decades, Mercer Advisors has earned the trust of families seeking to simplify and amplify their financial lives. The firm delivers comprehensive, fee-based family office services, encompassing financial planning, estate and tax planning, insurance solutions, and professional corporate trustee and trust administration services. Mercer Advisors Inc. is the parent company of Mercer Global Advisors Inc. and is primarily owned by Oak Hill Capital, Genstar Capital, and Altas Partners. Mercer Global Advisors, Inc., privately held and headquartered in Denver, Colorado, employs over 1,220 professionals and operates across more than 110 locations nationwide. Mercer Advisors currently manages $69 billion in client assets. For more in-depth information, please visit merceradvisors.com and merceradvisors.com/acquisitions.
Important Information
Company statistics are reflective of data as of December 31, 2024. The reported client assets include client assets under management (AUM) and client assets under advisement (AUA), as well as assets acquired from recent acquisitions where advisory agreements have been properly transferred to Mercer Global Advisors, but custodial account transfers or migration to Mercer Global Advisors’ portfolio management system are still pending.
Mercer Advisors operates as a financial advisor and is not a legal firm; consequently, it does not provide legal counsel. Any estate planning document preparation and legal advice are facilitated through agreements with select third-party entities unaffiliated with Mercer Advisors. Tax preparation and tax filing services are offered separately from Mercer Advisors’ core investment management and financial planning services and are subject to separate fees. Trustee services are also offered through independent third parties, with whom clients would engage directly and may incur additional fees. Mercer Global Advisors maintains a related insurance agency, Mercer Advisors Insurance Services, LLC (MAIS), a wholly-owned subsidiary of Mercer Advisors Inc. MAIS offers a range of individual life, disability, long-term care, and property and casualty insurance coverages through various insurance providers. The Certified Financial Planner Board of Standards, Inc. (CFP Board) is the owner of the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, granting usage authorization to individuals who successfully meet the CFP Board’s certification requirements, both initial and ongoing.
2024 – Barron’s Top 100 RIA Methodology
Mercer Advisors achieved the #1 ranking among firms with up to $70 billion in client assets. The Barron’s ranking methodology involves advisers completing a comprehensive survey encompassing over 100 questions about their practices. Barron’s rigorously verifies the submitted data against regulatory databases and applies its proprietary ranking formula to generate the rankings. The formula is based on three primary categories: (1) Assets, (2) Revenue, and (3) Practice Quality. Each category includes multiple sub-calculations, considering factors such as asset type, growth, client retention, technology investments, succession planning, team diversity, charitable activities, and compliance records. No fee was paid for participation in the ranking. However, Mercer Advisors has remitted a fee to Barron’s for the license to utilize the ranking in its marketing materials.
It is important to note that rankings and/or recognitions from unaffiliated rating services, publications, media outlets, or other organizations should not be interpreted by clients or prospective clients as a guarantee of specific outcomes if engaging Mercer Advisors’ investment advisory services, nor should they be seen as a guarantee of continued results for existing clients. Rankings issued by magazines and other entities typically rely exclusively on information provided and/or prepared by the advisers being evaluated. Generally, rankings are limited to advisers who choose to participate (refer to the specific participation criteria/methodology for each ranking). Unless explicitly stated otherwise, Mercer Advisors has not paid any fee to be included in any such ranking beyond the aforementioned Barron’s license fee. No ranking or recognition should be construed as an endorsement, either past or present, of Mercer Advisors by any of its clients.
Contacts
Media Contacts:
StreetCred PR [email protected]
William Ruben [email protected] 847-208-8289
Natalie O’Dell [email protected] 717-818-2116
