Mercer Advisors Inc., a national registered investment adviser (RIA) backed by Oak Hill Capital and Genstar Capital, has bought Regis Management Co. LLC, a wealth management firm focused on serving ultra-high net worth (UHNW) clients, multigenerational families and foundations and endowments.

Regis serves clients nationwide and has offices in San Francisco and Menlo Park, Calif. With this deal, Regis looks to utilize Mercer Advisors’ range of family office services such as planning, tax consulting and return preparation and trustee services. Together, the companies will work to offer on-demand financial care to their customers in need.

“The business combination between Mercer Advisors and Regis is industry-transforming as we integrate the power of the Mercer Advisors platform which includes our best people, process, and technology with the Regis team’s best ideas, people, and UHNW solutions,” says Dave Welling, chief executive officer of Mercer Advisors. “This extends our vision of building out a transformative RIA platform that represents excellence at every level and maintains our steadfast dedication to acting in our clients’ best interests.

Berkshire Global Advisors LP served as financial advisor to Regis. Regis received legal representation from Alston & Bird LLP.