Mercer Advisors Acquires Andesa Financial Management, Inc.

Increasing Mercer Advisors’ Northeast Presence

DENVER, April 4, 2023 /PRNewswire/ — Mercer International Advisors, Inc. (“Mercer Advisors”), a countrywide Registered Expense Adviser (RIA), today introduced the acquisition of Andesa Money Administration, Inc. (hereinafter “Andesa”). Andesa is a detailed wealth management firm found in Allentown, Pennsylvania concentrating on serving the financial requirements of their clients. Andesa was started in 2004 by a crew which includes Paul C. Barbehenn (“Paul”), CFA®, CFP®, Principal, and later joined by Michael C. Baittinger (“Michael”), CFP®, ChFC®, Principal, in 2006. Paul, Michael and the relaxation of the Andesa team provide 260 consumers with belongings below administration (“AUM”) of somewhere around $330 million.

(PRNewsfoto/Mercer Global Advisors Inc.) — (PRNewsfoto/Mercer World wide Advisors Inc.)

Paul Barbehenn, Principal, commenting on the transaction, said: “Andesa anchors on economical planning and is fully commited to serving our clients at the best stage. To that conclude, when looking to combine with a new associate, it was vital that they too believe that in the worth of economical planning and the importance of the consumer-advisor relationship. Even further, we had been looking for approaches to incorporate added services to our customers while offloading onerous back-business tasks. Mike and I had recognised about Mercer Advisors through other Raymond James corporations that had joined Mercer Advisors, and our consultant Christian Williams of Williams Private Wealth Advisory & Consulting, also proposed them. Thereafter, we satisfied with David Barton, Mercer Advisors’ Vice Chairman who qualified prospects mergers and acquisitions. Their in depth “relatives business office” method to consumer treatment with in-property services like estate planning, tax consultation and tax return preparing, etcetera., adds the depth and breadth of services we had been hunting to bolt on, though letting me and my group to offload burdensome back-place of work perform so that we can emphasis on what is most significant – our customers.”

David Barton, Vice Chairman, who led the acquisition of Andesa on behalf of Mercer Advisors mentioned: “Paul and Michael, are extremely credentialed planners and have constructed a extremely highly regarded small business with a deep bench of talent. For Mercer Advisors, the addition of Andesa’s gifted staff to our company ranks is the most beneficial asset of the transaction.”

Dave Welling, Chief Executive Officer of Mercer Advisors, stated, “The small business mix concerning Mercer Advisors and Andesa is a best cultural in shape with both firms anchoring on money scheduling. We are thrilled they are joining the Mercer Advisors team and bolstering our substantial presence in Pennsylvania and the Japanese area. We seem ahead to operating jointly to support produce significant results for our shared shoppers.”

About Mercer Advisors

Established in 1985, Mercer Worldwide Advisors Inc. (“Mercer Advisors”) is a complete prosperity administration and financial setting up organization that delivers detailed, charge-primarily based investment decision administration, economical preparing, family office environment services, retirement advantages and distribution planning, estate and tax scheduling, coverage solutions, and company trustee and have faith in administration providers. Mercer Advisors Inc. is a parent corporation of Mercer International Advisors Inc. (RIA), and Regis Acquisitions, Inc. (RIA). The two are the greater part owned by Oak Hill Cash and Genstar Money. Mercer International Advisors, Inc. is headquartered in Denver, Colorado, is privately held, has around 900 staff members, and operates nationally by means of 90 places of work throughout the place. Mercer Advisors manages about $48 billion in shopper assets. For far more information, check out www.merceradvisors.com

Information as of January 31, 2023. AUM includes affiliates and wholly-owned subsidiaries.

“Mercer Advisors” is a brand name identify comprising Mercer International Advisors Inc. and Regis Administration Enterprise. Regis Administration Corporation is a tradename used by Regis Acquisition, Inc. Mercer World-wide Advisors Inc. and Regis Acquisition, Inc. are affiliated SEC registered financial investment advisers and supply financial commitment advisory and loved ones business related expert services. Mercer Worldwide Advisors Inc. and Regis Acquisition, Inc., are subsidiaries of Mercer Advisors Inc., a parent corporation not included with expense services.

Mercer Advisors is not a legislation organization and does not give lawful assistance to clients. All estate planning documentation planning and other lawful guidance is supplied by its Innovative Expert services Law Team, Inc. Tax planning and tax submitting are a individual charge from Mercer Advisors’ financial commitment management and arranging products and services. Trustee services are made available by means of choose third get-togethers with which a customer would interact directly.

Accredited Economic Planner Board of Specifications, Inc. (CFP Board) owns the CFP^® certification mark, the Licensed Monetary PLANNER™ certification mark, and the CFP^® certification mark (with plaque structure) brand in the United States, which it authorizes use of by folks who correctly complete CFP Board’s preliminary and ongoing certification requirements. CFA® and Chartered Financial Analyst® are registered emblems owned by CFA Institute. The ChFC® mark is the residence of The American University, which reserves sole legal rights to its use, and is employed by authorization.

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Chris Tofalli General public Relations, LLC
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