Clients
Mercer Investments serves 1,407 clients, 1,034 of them charitable organizations. The average client has about $161 million with the firm.
- Investment companies6 clients5%
- Pooled investment vehicles35 clients4%
- Pension and profit-sharing plans312 clients62%
- Charitable organizations1,034 clients28%
- OtherState or municipal government entities, Insurance companies, Sovereign wealth funds and foreign official institutions, Corporations and other businesses, Other1%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 6 | $11,018,569,689 | 4.9% | $1.84B |
| Pooled investment vehicles | 35 | $9,887,879,313 | 4.4% | $282.5M |
| Pension and profit-sharing plans | 312 | $139,869,562,560 | 61.9% | $448.3M |
| Charitable organizations | 1,034 | $62,558,337,474 | 27.7% | $60.5M |
| State or municipal government entities | Not reported | $483,529,042 | 0.2% | — |
| Insurance companies | Not reported | $347,125,442 | 0.2% | — |
| Sovereign wealth funds and foreign official institutions | Not reported | $2,287,498 | 0.0% | — |
| Corporations and other businesses | Not reported | $15,500,874 | 0.0% | — |
| Other | 20 | $1,857,901,242 | 0.8% | $92.9M |
| Total | 1,407 | $226,040,693,134 | 100% | $160.7M |
- Clients
- 6
- Regulatory AUM
- $11,018,569,689
- Share
- 4.9%
- Avg. per client
- $1.84B
- Clients
- 35
- Regulatory AUM
- $9,887,879,313
- Share
- 4.4%
- Avg. per client
- $282.5M
- Clients
- 312
- Regulatory AUM
- $139,869,562,560
- Share
- 61.9%
- Avg. per client
- $448.3M
- Clients
- 1,034
- Regulatory AUM
- $62,558,337,474
- Share
- 27.7%
- Avg. per client
- $60.5M
- Clients
- Not reported
- Regulatory AUM
- $483,529,042
- Share
- 0.2%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $347,125,442
- Share
- 0.2%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $2,287,498
- Share
- 0.0%
- Avg. per client
- —
- Clients
- Not reported
- Regulatory AUM
- $15,500,874
- Share
- 0.0%
- Avg. per client
- —
- Clients
- 20
- Regulatory AUM
- $1,857,901,242
- Share
- 0.8%
- Avg. per client
- $92.9M
Total
- Clients
- 1,407
- Regulatory AUM
- $226,040,693,134
- Share
- 100%
- Avg. per client
- $160.7M
What it does
Mercer Investments provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, 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, performance-based fees and other arrangements.
Mercer Investments advises 40 private funds.
97.5% of assets ($220.29B across 1,407 accounts) are managed with discretion; $5.75B across 10 accounts are not. 1% of clients are outside the U.S., and 991 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks1%
- Funds92%
- Pooled vehicles62%
- Registered funds30%
- Bonds4%
- Investment grade corporate bonds3%
- U.S. government and agency bonds1%
- Cash1%
- Other2%
- Derivatives1%
- Non-agency mbs, abs, rmbs, cmbs, cmo, floating rate notes, stable value investment contracts, municipal securities, group annuity contracts, guaranteed investment contracts1%
Custodians
Mercer Investments’ client accounts are held mainly at Northern Trust, with 18% of managed assets, and Fidelity, with 14%. Mercer Investments has custody of $93.03B for 191 clients.
- Northern TrustNorthern Trust Corporation · Chicago, IL · $40.82B18%
- FidelityFidelity Investments · Boston, MA · $31.01B14%
- All other custodians$154.21B68%
Ownership and leadership
Mercer (us) LLC owns 75% or more of Mercer Investments.
- Owns 75% or more of Mercer Investments LLC
Mercer (us) LLC
Control person · since March 2019
- Owns 75% or more of Mercer (us) LLC
Marsh & McLennan Companies, Inc.
Control person · since February 1984
Leadership
- Marc CordoverPresident & Director
- Jon GezotisChief Operating Officer
- Tammy ChoeChief Compliance Officer
- Stephen GouthroDirector
- Caroline HulmeSecretary & Senior Counsel
- Ferdinand JahnelTreasurer
- Andrew McDougallChief Investment Officer
- Susan PotterDirector
- Anne Marie SchultzChief Commercial Officer
- Brandi WustChief Client Officer
Staff
- 714 employees
- 662 in advisory functions
- 65 broker-dealer reps
- 34 insurance agents
- 2 soliciting firms
Fees
Mercer Investments is paid through a percentage of assets under management, hourly charges, fixed fees (other than subscription fees), performance-based fees and other.
Mercer Investments’ fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Mercer Investments has 25 offices, with 26 listed addresses across 20 states.
California · 3 listed addresses
- 10850 Gold Center DR, Rancho Cordova
- 17901 Von Karman Avenue, Irvine
- 633 West 5th ST., Los Angeles
Pennsylvania · 3 listed addresses
- Six PPG Place, Pittsburgh
- 30 South 17th Street, Philadelphia
- 2300 Renaissance BLVD, King of Prussia
Ohio · 2 listed addresses
- 200 Public Square, Cleveland
- 325 John McConnell BLVD, Columbus
Texas · 2 listed addresses
- 500 Dallas Street, Houston
- 1717 Main Street, Dallas
Arizona · 1 listed address
- 5415 High ST, Phoenix
Colorado · 1 listed address
- 1900 Lawrence ST, Denver
Connecticut · 1 listed address
- 601 Merritt 7, Norwalk
District of Columbia · 1 listed address
- 1050 Connecticut Avenue, Washington
Florida · 1 listed address
- 3031 N. Rocky Point Drive West, Tampa
Georgia · 1 listed address
- 3560 Lenox Road, Atlanta
Illinois · 1 listed address
- 155 North Wacker Drive, Chicago
Massachusetts · 1 listed address
- 99 High Street, BostonHQ
Minnesota · 1 listed address
- 333 South 7th Street, Minneapolis
Missouri · 1 listed address
- 800 Market Street, ST. Louis
New Jersey · 1 listed address
- 445 South ST, Morristown
New York · 1 listed address
- 1166 Avenue of the Americas, New York
North Carolina · 1 listed address
- 100 North Tryon Street, Charlotte
Utah · 1 listed address
- 15 West South Temple, Salt Lake City
Virginia · 1 listed address
- 800 East Canal ST, Richmond
Washington · 1 listed address
- 1301 Fifth Avenue, Seattle
Other business names
Mercer Investments has reported 5 other business names to the SEC.
- Mercer Investment Advisers LLC
- Mercer Investments
- Mercer Investments LLC (delaware)
- Mercer Investments LLC of Delaware
- Mercer Investments LLC, A Limited Liability Company of Delaware
Registration details
- Legal name
- Mercer Investments LLC
- Headquarters
- 99 High Street, Boston, MA 02110
- Phone
- 617-747-9500
- SEC file
- 801-63730
- Structure
- Delaware LLC
- 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 Investments have?
Mercer Investments has 1,407 clients and manages $226 billion for them, as of August 2026. They include 1,034 charitable organizations, 312 pension and profit-sharing plans and 35 pooled investment vehicles.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 11 August 2026
What services does Mercer Investments offer?
Mercer Investments provides portfolio management for individuals and small businesses, portfolio management for investment companies, portfolio management for pooled vehicles, portfolio management for institutions, pension consulting, selecting other managers, publishing newsletters, educational seminars and other activities.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Mercer Investments use?
Mercer Investments’ separately managed account assets are held at Northern Trust Corporation (Chicago, IL), with $40,815,237,955 and Fidelity Investments (Boston, MA), with $31,011,040,312. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 11 August 2026
How many financial advisors does Mercer Investments have?
Mercer Investments has 0 investment adviser representatives registered with state securities authorities, out of 714 employees, and 662 perform investment advisory functions. 65 are registered representatives of a broker-dealer and 34 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 Investments invest in?
At the end of its last fiscal year, Mercer Investments’ separately managed accounts held 62% pooled vehicles (private funds and similar), 30% registered funds (mutual funds, ETFs, BDCs), 3% investment grade corporate bonds, 1% exchange-traded equities, 1% U.S. government and agency bonds, 1% derivatives, 1% cash and equivalents and 1% non-agency mbs, abs, rmbs, cmbs, cmo, floating rate notes, stable value investment contracts, municipal securities, group annuity contracts, guaranteed investment contracts. It advises 40 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Mercer Investments?
Mercer Investments is owned through a holding company by Marsh & McLennan Companies, Inc. Its direct owner is Mercer (us) LLC (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 11 August 2026
How does Mercer Investments get paid?
Mercer Investments is paid through a percentage of assets under management, hourly charges, fixed fees, performance-based fees and other arrangements. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file