Genstar Completes Buy of Mercer Advisors from Lovell Minnick
May 20, 2015
Genstar Capital has completed its previously announced acquisition of wealth management firm Mercer Advisors from Lovell Minnick Partners. Established in 1985, Mercer primarily serves mass-affluent and high-net-worth clients; it currently has over 4,000 individual clients and manages assets of approximately $6 billion. Lovell Minnick backed the company in 2008.