Mercer Global Advisors, a registered investment adviser, has bought Berkson Asset Management.

Berkson is a wealth management firm that serves 100 clients with $185 million of assets under management.

“In searching for a new partner to help us grow and add needed scale and leverage, we looked for a partner that shared these values,” stated Steven M. Berkson, founder of Berkson. “Mercer Advisors was definitely the best fit for us, and the fact we could offload onerous back-office services and add new services like in-house estate planning and corporate trustee was a huge plus. We could not be more excited.”