Mercer Advisors Inc., backed by Genstar Capital, is continuing its acquisition spree with the purchase of investment advisory firm Duckworth Wealth Advisors Inc. for an undisclosed amount. This transaction marks as the buyer’s sixth completed acquisition within the last year.

Duckworth Wealth Advisors is a family office that offers a variety of financial services, including: investment management, financial planning, estate and tax planning, and corporate trustee services. The Newport Beach, California-based firm was founded by public accountant Michael Duckworth and manages nearly $160 million in client assets.

Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.