Mercer Global Advisors, a national RIA and portflio company of Oak Hill Capital and Genstar Capital, has acquired Andesa Financial Managment Inc.

The target is a comprehensive wealth management firm based in Allentown, Pa. Andesa focuses on services the financial needs of its 260 clients and $330 million in assets under management.

“The business combination between Mercer Advisors and Andesa is a perfect cultural fit with both firms anchoring on financial planning,” says Dave Welling, CEO of Mercer Advisors. “We are thrilled they are joining the Mercer Advisors team and bolstering our significant presence in Pennsylvania and the Eastern region. We look forward to working together to help deliver meaningful results for our shared clients.”