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Mercer Global Advisors buys Regent Wealth Management

Mercer Global Advisors Inc. acquired Regent Wealth Management Group Inc., which serves 110 high-net-worth households with assets under management of about $300 million.

The deal increased Mercer Global Advisors' AUM to more than $16.5 billion and brought its total office count to 43.

Mercer Global Advisors provides wealth management services such as fee-based investment management, family office services, estate and tax planning, and retirement benefits and distribution plannings.