Mercer Global Advisors, a registered investment adviser backed by both Oak Hill Capital and Genstar Capital, has acquired Fure Financial.
Fure Financial is a wealth management firm with $260 million of assets under management.
“In looking for a partner to help us provide customized wealth management while continuing to grow, we knew we needed scale and time leverage,” said Johannes C. Fure, founder of Fure. “We were looking for a partner that shared our values. After speaking with David Barton, vice chairman and head of mergers & acquisitions at Mercer Advisors, we knew we had found the right partner who shared a strong commitment to the highest quality client care and putting client interests first. Mercer Advisors was definitely the best fit for us.”