Mercer Global Advisors, a national registered investment adviser (RIA), has bought Goldstein Munger & Associates, a wealth management firm.
Goldstein Munger is focused on serving ultra-high-net-worth (UHNW) clients and is located in San Ramon, Calif. with assets under management of approximately $1 billion. Richard Goldstein founded R.M. Goldstein Accountancy Corporation in 1979, from which GoldsteinEnright Financial Advisers was created, which is now Goldstein Munger. Robert Munger then joined the firm and partnered with Goldstein.
“Bob and Rich lead a highly respected wealth management team in northern California and beyond,” says Dave Welling, chief executive officer of Mercer Advisors. “Their brand is strong and represents the high integrity of their business and staff. Their deep experience in integrating financial planning, tax, estate and philanthropic planning, are a great fit with our family office service model for high-net-worth and ultra-high-net-worth clients.
Goldstein Munger was represented by DeVoe and Company in this transaction.