Mercer Advisors has announced that it has acquired Portland, Oregon-based Sigma Investment Management Co. The RIA serves high-net-worth clients throughout the Pacific Northwest.
Through the acquisition, Mercer has further increased its presence in the Pacific Northwest, which already includes an office in Seattle and seven in California. The acquisition brings Mercer's total number of offices to more than 30.
In addition, the deal brings an additional $500 million of assets under management to Mercer, thus bringing its total AUM to near $14 billion.