Mercer Global Advisors, a national RIA, has acquired Mallard Advisors, a wealth management firm based in Hockessin, Delaware. Mallard founder, William Starnes, and his team will be joining Mercer following the deal.

Mallard Advisors is a financial planning and wealth management firm serving 109 clients with assets under management totaling around $165 million. The firm has experience working with data-driven clients including scientists, engineers, and financial professionals.

“Bill is a superior financial planner, a salt of the earth person, and is committed to his clients and team,” Dave Welling, CEO of Mercer Advisors. “These are all traits I look for in determining whether or not a cultural fit exists between our firms. In Mallard, we found a perfect fit and we could not be more excited to partner with Bill and his team to expand our Delaware presence.”