Mercer Nabs Another RIA in Colorado

Mercer Global Advisors has acquired Chapel & Collins, an RIA firm in Fort Collins, Colorado.

The acquisition brings to Mercer an additional $675 million in assets and more than 500 individuals and family clients, pushing the firm’s total assets under advisement in Colorado to nearly $5 billion across seven offices in the greater Denver area.

Chapel & Collins offers in-depth financial planning to address the management, preservation and transfer of multigenerational wealth, according to the announcement. Its seven-person team includes four CFP designees who focus on catering to high-net-worth investors across estate planning, charitable giving, tax oversight and alternative investments.

Founding partner Dennis Collins said in a statement that he sought out Mercer Advisors for its “extensive resources, specialized services and operational support.”

“By leveraging Mercer Advisors’ tremendous scale and resources, we can devote more time and attention to helping our clients navigate their unique challenges and opportunities,” Collins added. “Families with multigenerational wealth are often confronted with complex financial lives that require a more nuanced, thoughtful approach.”

Martine Lellis, principal of M&A partner development at Mercer Advisors, cited Chapel & Collins’ client-first philosophy and central focus on financial planning as key drivers of the acquisition.

“The highly experienced team is well-positioned to continue growing its client base, and we look forward to supporting them every step of the way,” Lellis said.

Mercer Advisors now boasts more than 1,170 employees and operates nationally through more than 90 locations. As of the end of September, its combined client assets base was $66 billion.

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