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Mercer Advisors Acquires Resource Planning Group, Ltd.

Dec 07, 2022•over 2 years ago

Acquiring Company

Mercer Global Advisors

Acquired Company

Resource Planning Group

DenverFinancial Services

Description

Mercer Global Advisors, Inc. ("Mercer Advisors"), a national Registered Investment Adviser (RIA), today announced the acquisition of Resource Planning Group, Ltd. (hereinafter "RPG"). RPG is a comprehensive wealth management firm located in Atlanta, Georgia focusing on serving the financial needs of its 330+ clients representing over $325 million in assets under management ("AUM"). John E. Howard, Founder and Principal, CPA, JD, CFP®, founded RPG along with his wife Georgia 'Tee Gee' Howard in 1991. Rounding out the partner group are John Evans III, CFP®, Principal & Lead Advisor, and Alan Thomson, CFP®, Principal & Lead Advisor. The entire RPG team will be joining Mercer Advisors.

Company Information

Company

Mercer Global Advisors

Location

Denver, Colorado, United States

About

Mercer Global Advisors Inc. is a full-service wealth management firm providing investment advice, financial and estate planning, and trustee services. It is one of the largest Registered Investment Advisers and financial planning firms in the U.S. with $56 billion in client assets.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed