Its offerings include investment management, financial planning, estate planning, insurance solutions, and tax strategy, all delivered via an in-house team.
Each client works with a dedicated advisor who draws on specialists across many disciplines to create a comprehensive financial plan. This allows Mercer to function as a single access point for clients seeking to manage multiple aspects of their financial lives in one place.
Assets Under Management:
$72 billion
Fee:
0.5% – 1.1%
Fee Structure:
Fiduciary, AUM-based fees with tiered minimums
Minimum Account Sizes:
$800 – $150,000
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 is designed for clients who want comprehensive, advisor-led wealth management.
It can address investment management, financial planning, estate planning, tax strategy, and other services in one place, coordinated by an advisor who consults in-house specialists.
The firm’s fiduciary standard ensures any advice is aligned with each client’s best interests, and its nationwide presence means its services are widely accessible.
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 investment management fees as a percentage of assets under management (AUM), with different service levels available depending on the scope of advice.
Fees are billed monthly, in arrears, based on the average daily balance of managed assets.
Mercer Advisors Guided Investing
Guided Investing is Mercer’s most accessible program, designed for clients who want professional portfolio management without the added cost of tax, estate, or financial planning services.
Fee: 1.1% on the first $1M
Minimum fee: $800
Includes: Investment management only
Mercer Advisors Wealth Path
Wealth Path builds on the Guided Investing tier by including broader financial planning services alongside investment management. It suits clients who need retirement or budgeting guidance but not full estate or tax planning.
Fee: 1.3% on the first $1M; 1.0% on the next $1M
Minimum fee: $4,000
Includes: Investment management + financial planning
Mercer Advisors Wealth Management
Wealth Management is Mercer’s comprehensive tier, integrating investment, tax, estate, and financial planning. It is designed for clients seeking a full-service, long-term approach.
Fee:
Minimum fee: $10,000
Includes: Fully integrated wealth management services
Ascend Group
Ascend Group is tailored for high-net-worth clients who require advanced strategies such as generational wealth transfer, philanthropy, and business succession.
Fee:
Minimum fee: $75,000
Includes: Advanced HNW strategies + full-service planning
Regis
Regis is Mercer’s family-office tier for ultra-high-net-worth clients with $25M+ in assets, offering fully customized solutions.
Fee: Customized for $25M+ portfolios
Minimum fee: $150,000
Includes: Family office–level advisory with estate, tax, and legacy planning
Additional fees may apply for separately managed account (SMA) strategies, variable annuities, and third-party custodial services.
What is Mercer Advisors’ minimum account size?
Mercer Advisors does not set a minimum for opening an account.
Instead, each service tier has a minimum annual fee, which effectively determines the account size required to work with the firm.
Minimum requirements by service tier:
The Guided Investing program requires a minimum annual fee of $800, which applies to clients seeking investment management only.
The Wealth Path tier requires a minimum annual fee of $4,000, covering broader planning services in addition to investment management.
The Wealth Management program requires a minimum annual fee of $10,000, designed for clients who want a fully integrated set of financial services.
Ascend Group requires a minimum annual fee of $75,000, making it suitable for high-net-worth clients with complex financial needs.
Regis requires a minimum annual fee of $150,000, tailored to ultra-high-net-worth clients seeking customized family office services.
The actual portfolio size required will vary, since the fee is tied to a percentage of AUM and the level of services chosen.
Who should choose Mercer Advisors?
Mercer Advisors caters to a broad range of clients, especially those looking for a full-service financial planning experience that goes far beyond investment management.
If you’re seeking long-term, personalized advice across multiple areas, such as estate planning, tax strategy, retirement income, and charitable giving, Mercer Advisors is worth considering.
The following may benefit from using Mercer Advisors:
High-net-worth individuals: Mercer is designed for clients who require advanced portfolio management, generational wealth strategies, and proactive tax guidance.
Families with complex planning needs: Services such as college planning, family wealth education, and legacy planning are integrated.
Business owners and professionals: Mercer supports business succession planning, tax optimization, and customized retirement strategies for entrepreneurs and executives.
Clients seeking an all-in-one solution: Mercer offers one of the most comprehensive financial advisory bundles on the market, including estate lawyers, tax professionals, and certified financial planners (CFPs).
Mercer Advisors may not be right for:
Beginner investors or those with small portfolios: If you’re just starting to invest or have a small amount to begin with, the firm’s services may not be accessible.
DIY investors: Individuals who prefer managing their own investments or only want digital robo-advisory tools may find Mercer’s traditional, advisor-led model too costly or intensive.
Those seeking standalone investment management: As Mercer emphasizes holistic planning, it’s not geared toward clients only interested in managing a simple portfolio.
Mercer Advisors: Is it secure?
Yes, Mercer Advisors is secure.
The firm operates as a registered investment advisor (RIA) regulated by the US Securities and Exchange Commission (SEC) and adheres to fiduciary standards, meaning it must act in the best interests of its clients.
Client assets are safeguarded by independent third-party custodians, ensuring a clear separation between advisory services and custody of funds.
Mercer also provides transparency through its publicly available Form ADV filings, which disclose services, fees, and business practices. These measures provides clients with many layers of legal, regulatory, and structural protection.
Mercer Advisors: Customer service
Mercer Advisors’ customer service is personalized and advisor-led, with each client paired with a dedicated advisor who coordinates with in-house specialists across investment management, financial planning, tax, and estate planning services.
This provides clients with a consistent point of contact and access to a broader professional team when needed.
The firm also supports clients with educational resources and ongoing communication to keep financial strategies on track.
With a nationwide office network, Mercer delivers structured services at scale, though individual experiences may vary depending on the advisor team and location.
Mercer Advisors reviews: What are real customers saying?
Feedback from Mercer Advisors clients is varied. On the firm’s own client reviews page, many highlight the value of having investment, tax, and estate planning services coordinated in one place, along with praise for the professionalism of its advisors. Positive experiences often mention the convenience of working with a dedicated advisor supported by in-house specialists.
At the same time, Yelp reviews show that some clients have reported issues such as advisor turnover, slower response times from certain offices, and concerns about fees feeling high for smaller portfolios.
Source: Mercer Advisors Client Reviews | Yelp - Mercer Advisor Reviews
Is Mercer Advisors worth it?
Mercer Advisors positions itself as a premium service for clients who want hands-on, expert guidance across all aspects of their financial life. If your priority is low-cost investing or app-based automation, other platforms may be better suited.
But for those in search of a deep, integrated, and human-centered approach, Mercer Advisors provides a well-rounded offering backed by decades of industry experience and a wide network of specialists.