Mercer Appoints Chief People Officer Amid Rapid Growth

By John Manganaro

Career Moves September 24, 2024 at 02:42 PM

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Mercer Advisors has hired Elizabeth Hioe, a former Standard Industries and McKinsey & Co. executive, as its new chief people officer.

Hioe is tasked with aligning talent management and human resources programs within the company's overall growth strategy. She is also a member of the company's executive leadership team, according to the announcement.

Hioe joins Mercer Advisors from Standard Industries, where she was chief administrative officer and chief human resources officer. Before that, she was a partner at McKinsey & Co. within the firm's organization practice.

Mercer Advisors CEO Dave Welling cited Hioe's "extensive experience in talent management, culture building and strategic leadership" as key factors in her appointment.

"I'm thrilled to join such a dynamic and talent-forward wealth management firm at a pivotal time in the company's journey," Hioe said in a statement. "I am inspired by the company's commitment to helping clients amplify and simplify their financial lives, and I am excited to support the team in delivering on this mission."

Martine Lellis, Mercer Advisors' most recent chief talent officer, has shifted into a dedicated role as principal of merger and acquisition partner development. Her transition was part of a strategic expansion of the M&A team earlier this year.

The announcement also points to the firm's successful InvestHERs program, which promotes diversity within the advisor industry while addressing the distinct wealth management needs of women. Today, the company's client-facing team is nearly 50% women.

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