Mercer Global Advisors Inc. acquired Houston-based registered investment advisory firm Republic Wealth Advisors LLC, which serves about 190 households with assets under management of about $230 million.
Republic Wealth Advisors is co-owned by Frederick Hanish, Kenneth Landgraf and David Levy. Patrick Moore, senior client adviser, will also join Mercer Global Advisors along with other Republic Wealth Advisors staff members.
Financial terms of the deal were not disclosed. FP Transitions' M&A team supported Republic Wealth Advisors through the acquisition process.