Mercer Global Advisors Inc., a national registered investment adviser (RIA) backed by Oak Hill Capital and Genstar Capital, has bought Empyrion Wealth Management Inc., a wealth management firm located in Roseville, Calif.

Empyrion focuses on serving the financial needs of family stewards, women in transition and retirees. Founded in 2002 by Kimberly Foss, the firm services 90 clients with assets under management of approximately $250 million.

“Their comprehensive ‘family office’ approach to client care with in-house services like estate planning, tax consultation and tax return preparation, etc., adds the depth and breadth of service I was looking for and allows me to offload burdensome back-office work so that I can focus on what is most important – my clients,” states Foss.

Empyrion was represented by Republic Capital Group.