What does Mercer Advisors do?
Mercer Advisors is a national wealth management firm headquartered in Denver, Colorado. It combines investment management, financial planning, tax, estate and insurance services under one firm.
Looking for a financial advisor?
Clients work with a dedicated advisor who can draw on in-house specialists, making Mercer well suited to those who want multiple financial needs managed in one place.
Is Mercer Advisors a fiduciary?
Yes, Mercer Advisors is a fiduciary, meaning its advisors are legally required to act in the best interests of their clients and to disclose any potential conflicts of interest.
What are the pros and cons of Mercer Advisors?
Mercer Advisors stands out for integrated wealth management, fiduciary advice and dedicated advisor support, but its broad service model may be more than investors with simpler financial needs require.
The pros of Mercer Advisors
- Comprehensive wealth management: Investment, financial, tax, and estate planning are integrated under one firm.
- Fiduciary commitment: Advisors are legally bound to act in clients’ best interests.
- Dedicated advisor model: Each client works with an advisor, who is supported by specialists in different disciplines.
- National reach: Mercer Advisors has a large professional team with offices across the country.
The cons of Mercer Advisors
- Its broad focus may exceed some needs: Clients with straightforward finances may not require its full suite of services.
- Business size: With a national footprint, the experience of using Mercer Advisors may feel less personalized than working with a small local advisor.
How much does Mercer Advisors cost?
Mercer Advisors charges AUM-based fees that vary by service tier, depending on how much advice and planning you need. Fees start at 1.10%, and each tier has a minimum annual fee.
Mercer Advisors Guided Investing
Guided Investing is the simplest option, covering investment management only.
- Fee: 1.10% on the first $1 million
- Minimum annual fee: $800
- Includes: Investment management
Mercer Advisors Wealth Path
Wealth Path adds financial planning to investment management, making it more suitable if you also need help with areas such as retirement planning.
- Fee: 1.30% on the first $1 million; 1.00% on the next $1 million
- Minimum annual fee: $4,000
- Includes: Investment management and financial planning
Mercer Advisors Wealth Management
Wealth Management provides a more comprehensive service, combining investment, financial, tax and estate planning.
- Fee: 1.10% on the first $1 million, falling to 0.50% above $10 million
- Minimum annual fee: $10,000
- Includes: Integrated wealth management
Mercer Advisors Ascend Group
Ascend is designed for high-net-worth clients with more complex needs, such as wealth transfer, philanthropy and business succession.
- Fee: 1.10% on the first $1 million, falling to 0.50% above $10 million
- Minimum annual fee: $75,000
- Includes: Advanced wealth planning
Mercer Advisors Regis
Regis is Mercer’s most comprehensive offering, designed for ultra-high-net-worth families with portfolios above $25 million.
- Fee: Customized
- Minimum annual fee: $150,000
- Includes: Family-office, tax, estate and legacy planning
Our take:
The minimum annual fee is the least you will pay each year, even if your AUM-based fee would be lower. Guided Investing is Mercer’s lowest-cost entry point, while higher tiers are better suited to larger portfolios that need broader planning services.
What is Mercer Advisors’ minimum account size?
Mercer Advisors has no stated minimum investment, but each service tier has a minimum annual fee. This is the lowest amount you will pay Mercer each year, even if the percentage-based advisory fee on your portfolio would be lower.
Service tier | Minimum annual fee | What it offers |
|---|---|---|
Guided Investing | $800 | Investment management only |
Wealth Path | $4,000 | Investment management with financial planning |
Wealth Management | $10,000 | Investment, tax, estate and financial planning |
Ascend Group | $75,000 | Advanced planning for high-net-worth clients |
Regis | $150,000 | Family-office services for ultra-high-net-worth clients |
Who should choose Mercer Advisors?
A Mercer Advisors financial advisor is likely to fit you if your finances have outgrown a single-service provider. For example, if you hold a concentrated stock position, run a business, or need estate and tax work coordinated with your portfolio, and if you have enough invested for the minimum annual fee of your chosen tier to be proportionate.
It may be less suitable if you only need investment management or prefer to use separate advisors for tax, legal and investment advice.
Mercer Advisors: Is it secure?
Yes, Mercer Advisors is considered safe and secure. It is an SEC-registered investment advisor, and client assets are held separately by independent third-party custodians rather than directly by Mercer.
This provides regulatory oversight and separation between who manages your investments and who holds your assets.
Mercer Advisors: Customer service
Mercer Advisors provides advisor-led support, with a dedicated advisor coordinating investment, tax, estate and financial planning specialists.
This means one main point of contact can coordinate multiple areas of your finances, rather than requiring you to manage several separate professionals.
Mercer Advisors reviews: What are real customers saying?
Mercer Advisors reviews are generally positive about its integrated wealth management and advisor expertise, although experiences can vary by office and following acquisitions.
What Mercer Advisors clients like?
- Integrated advice: Investment, tax and estate planning under one firm.
- Advisor expertise: Knowledgeable advisors and planning teams.
- Proactive service: Regular planning and portfolio reviews.
What could Mercer Advisors improve?
- Advisor continuity: Some clients experience advisor changes following acquisitions.
- Service consistency: Response times can vary between offices.
Source: Mercer Advisors Client Reviews | Yelp - Mercer Advisor Reviews
Is Mercer Advisors worth it?
Mercer Advisors may be worth it if you want investment management combined with tax, estate and financial planning. Its Guided Investing tier charges 1.10% with an $800 minimum annual fee, making it more suitable for investors who primarily need portfolio management.
Higher tiers have minimum annual fees from $4,000 to $150,000 and add broader planning services, making them better suited to larger portfolios and more complex tax, estate or family-office needs.
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