Clients
Mercer Global Advisors serves 36,172 clients, 18,398 of them high-net-worth individuals. The average client has about $2.3 million with the firm, and high-net-worth clients hold 84% of its $84.4 billion in assets.
- Individuals16,646 clients8%
- High-net-worth individuals18,398 clients84%
- Pension and profit-sharing plans718 clients4%
- Charitable organizations166 clients2%
- Corporations and other businesses244 clients2%
What it does
Mercer Global Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, educational seminars and other activities. It is paid through a percentage of assets, hourly charges, fixed fees and other arrangements.
Mercer Global Advisors provided financial planning to 27,443 clients last fiscal year and advises no private funds.
98.2% of assets ($82.92B across 115,337 accounts) are managed with discretion; $1.48B across 973 accounts are not. 0% of clients are outside the U.S., and 87 clients received advice without assets under management last fiscal year.
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| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Individuals (other than HNW) | 16,646 | $7,082,833,358 | 8.4% | $425K |
| High-net-worth individuals | 18,398 | $70,513,655,736 | 83.6% | $3.83M |
| Pension and profit-sharing plans | 718 | $3,451,428,018 | 4.1% | $4.81M |
| Charitable organizations | 166 | $1,998,280,571 | 2.4% | $12.0M |
| Corporations and other businesses | 244 | $1,350,694,907 | 1.6% | $5.54M |
| Total | 36,172 | $84,396,892,590 | 100% | $2.33M |
- Regulatory AUM
- $7,082,833,358
- Share
- 8.4%
- Avg. per client
- $425K
- Regulatory AUM
- $70,513,655,736
- Share
- 83.6%
- Avg. per client
- $3.83M
- Regulatory AUM
- $3,451,428,018
- Share
- 4.1%
- Avg. per client
- $4.81M
- Regulatory AUM
- $1,998,280,571
- Share
- 2.4%
- Avg. per client
- $12.0M
- Regulatory AUM
- $1,350,694,907
- Share
- 1.6%
- Avg. per client
- $5.54M
What the accounts hold
- Stocks20%
- Funds68%
- Registered funds65%
- Pooled vehicles3%
- Bonds5%
- State and local bonds2%
- U.S. government and agency bonds1%
- Sovereign bonds1%
- Investment grade corporate bonds1%
- Cash5%
- Other2%
- Unique assets and certain alternative assets2%
Custodians
Mercer Global Advisors’ client accounts are held mainly at Charles Schwab, with 68% of managed assets, and Fidelity, with 25%. Mercer Global Advisors has custody of $24.14B for 25,635 clients.
- Charles SchwabCharles Schwab & Co., Inc. · Westlake, TX · $57.74B68%
- FidelityFidelity Brokerage Services LLC · San Francisco, CA · $20.87B25%
- All other custodians$5.78B7%
Ownership and leadership
Mercer Advisors Intermediate Holdings Inc. owns 75% or more of Mercer Global Advisors, and Charles Welling is its CEO.
- Owns 75% or more of Mercer Global Advisors Inc.
Mercer Advisors Intermediate Holdings Inc.
Control person · since April 2013
- Owns 75% or more of Mercer Advisors Intermediate Holdings Inc.
GC Waves Holdings, Inc.
Control person · since March 2015
- Owns 75% or more of GC Waves Holdings, Inc.
Og Crimson Parent, Inc.
Control person · since October 2019
- Owns 75% or more of Og Crimson Parent, Inc.
Oc Crimson Parent Holdings II, Inc.
Control person · since January 2023
- Owns 75% or more of Oc Crimson Parent Holdings II, Inc.
Og Crimson Parent Holdings I, Inc.
Control person · since January 2023
- Owns 75% or more of Og Crimson Parent Holdings I, Inc.
Og Crimson Holdings, L.P.
Control person · since January 2023
- Owns 25% to 50% of Og Crimson Holdings, L.P.
Aph III Primetime Aggregator, L.P.
Control person · since August 2023
- Owns 25% to 50% of Aph III Primetime Aggregator, L.P.
Altas Partner Holdings Iii(a) L.P.
Control person · since August 2023
- Owns 25% to 50% of Aph III Primetime Aggregator, L.P.
Altas Partners Holdings III L.P.
Control person · since August 2023
- Owns 25% to 50% of Aph III Primetime Aggregator, L.P.
Aph III Primetime Co-Invest LP
Control person · since August 2023
Og Crimson Holdings Genpar, LLC
General partner · Control person · since September 2019
- Owns 75% or more of Mercer Advisors Intermediate Holdings Inc.
Mercer Advisors Inc.
Control person · since April 2013
Leadership
- Charles WellingChief Executive Officer
- Daniel GourvitchPresident
- Gun KeresteciChief Financial Officer
- Kimberly LorenzChief Compliance Officer
- Donald CalcagniChief Investment Officer
- Christine CataldoChief Technology Officer
- Mathew EncinoGeneral Counsel
- Gary FoodimChief Marketing Officer
- Elizabeth HioeChief People Officer
Staff
- 1,429 employees
- 632 in advisory functions
- 667 state-registered reps
- 5 broker-dealer reps
- 27 insurance agents
- 9 soliciting firms
Fees
Mercer Global Advisors charges 0.50% to 1.10% a year for investment advisory services.
| Service | Stated range | How it is charged |
|---|---|---|
| Investment advisory services | 0.50% to 1.10% a year | Tiered percentage of assets under management; billed in arrears. |
| Portfolio up to $1,000,000 | 1.10% a year | One tier of the fee schedule |
| Portfolio from $1,000,000 to $2,000,000 | 1.00% a year | One tier of the fee schedule |
| Portfolio from $2,000,000 to $5,000,000 | 0.90% a year | One tier of the fee schedule |
| Portfolio from $5,000,000 to $10,000,000 | 0.75% a year | One tier of the fee schedule |
| Portfolio above $10,000,000 | 0.50% a year | One tier of the fee schedule |
- Stated range
- 0.50% to 1.10% a year
- How it is charged
- Tiered percentage of assets under management; billed in arrears.
- Stated range
- 1.10% a year
- How it is charged
- One tier of the fee schedule
- Stated range
- 1.00% a year
- How it is charged
- One tier of the fee schedule
- Stated range
- 0.90% a year
- How it is charged
- One tier of the fee schedule
- Stated range
- 0.75% a year
- How it is charged
- One tier of the fee schedule
- Stated range
- 0.50% a year
- How it is charged
- One tier of the fee schedule
- Minimum fee
- The annual minimum fee is $15,000.
Offices and registrations
Besides its headquarters, Mercer Global Advisors has 268 offices, with 26 listed addresses across 17 states.
California · 7 listed addresses
- 5348 Carrol Canyon Road, San Diego
- 222 East Carillo Street, Santa Barbara
- 5550 Topanga Canyon BLVD, Woodland Hills
- 9740 Appaloosa Road, San Diego
- 100 Pine Street, San Francisco
- 100 Pringle Avenue, Walnut Creek
- 620 Newport Center Drive, Newport Beach
Colorado · 3 listed addresses
- 1200 17th Street, Suite 2000, DenverHQ
- 4600 South Ulster Street, Denver
- 2595 Canyon BLVD, Boulder
Texas · 2 listed addresses
- 5555 San Felipe Street, Houston
- 8333 Douglas Avenue, Dallas
Arizona · 1 listed address
- 7033 East Greenway Parkway, Scottsdale
Florida · 1 listed address
- 822 N Aia Hwy, Ponte Vedra Beach
Georgia · 1 listed address
- 5555 Glenridge Connector, Atlanta
Illinois · 1 listed address
- 475 N. Martingale Road, Schaumburg
Massachusetts · 1 listed address
- 51 Sawyer Road, Waltham
Michigan · 1 listed address
- 590 W Centre Ave, Portage
Minnesota · 1 listed address
- 600 Highway 169 South, Minneapolis
Missouri · 1 listed address
- 1256 E. Kingsley Street, Springfield
New Jersey · 1 listed address
- 67 Park Place East, Morristown
New York · 1 listed address
- 767 Third Avenue, New York
Oklahoma · 1 listed address
- 124 NW 10th, Oklahoma City
Pennsylvania · 1 listed address
- 100 W Matsonford RD, Radnor
Virginia · 1 listed address
- 8180 Greensboro Drive, McLean
Washington · 1 listed address
- 10655 Ne 4th Street, Bellevue
Other business names
Mercer Global Advisors has reported 1 other business name to the SEC.
- Mercer Advisors
Registration details
- Legal name
- Mercer Global Advisors Inc.
- Headquarters
- 1200 17th Street, Suite 2000, Denver, CO 80202
- Phone
- 888-885-8101
- Website
- Not reported
- SEC file
- 801-69271
- Founded
- 1985
- Structure
- Delaware corporation
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Mercer Global Advisors have?
Mercer Global Advisors has 36,172 clients and manages $84.4 billion for them, as of September 2026. They include 18,398 high-net-worth individuals, 16,646 other individuals and 718 pension and profit-sharing plans.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 17 September 2026
What services does Mercer Global Advisors offer?
Mercer Global Advisors provides financial planning, portfolio management for individuals and small businesses, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, educational seminars and other activities. Its services also include divorce planning, education planning, estate planning, family office services and tax planning.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file; Part 2A brochure, Item 4
How much does Mercer Global Advisors charge?
Mercer Global Advisors charges 0.50% to 1.10% a year for investment advisory services. Other rates: portfolio up to $1,000,000 (1.10% a year), portfolio from $1,000,000 to $2,000,000 (1.00% a year), portfolio from $2,000,000 to $5,000,000 (0.90% a year), portfolio from $5,000,000 to $10,000,000 (0.75% a year) and portfolio above $10,000,000 (0.50% a year).
Source: Part 2A brochure, Item 5
Which custodians does Mercer Global Advisors use?
Mercer Global Advisors’ separately managed account assets are held at Charles Schwab & Co., Inc. (Westlake, TX), with $57,744,058,586 and Fidelity Brokerage Services LLC (San Francisco, CA), with $20,870,202,237. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 17 September 2026
How many financial advisors does Mercer Global Advisors have?
Mercer Global Advisors has 667 investment adviser representatives registered with state securities authorities, out of 1,429 employees, and 632 perform investment advisory functions. 5 are registered representatives of a broker-dealer and 27 are licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Mercer Global Advisors invest in?
At the end of its last fiscal year, Mercer Global Advisors’ separately managed accounts held 65% registered funds (mutual funds, ETFs, BDCs), 20% exchange-traded equities, 5% cash and equivalents, 3% pooled vehicles (private funds and similar), 2% state and local bonds, 2% unique assets and certain alternative assets, 1% U.S. government and agency bonds, 1% sovereign bonds and 1% investment grade corporate bonds. It advises no private funds of its own.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Mercer Global Advisors?
Mercer Global Advisors is owned through a chain of holding companies by Mercer Advisors Inc., Altas Partner Holdings Iii(a) L.P., Altas Partners Holdings III L.P. and Aph III Primetime Co-Invest LP. Its direct owner is Mercer Advisors Intermediate Holdings Inc. (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 17 September 2026
How does Mercer Global Advisors get paid?
Mercer Global Advisors is paid through a percentage of assets under management, hourly charges, fixed fees and other arrangements. Its Form ADV lists no commissions or performance-based fees among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file