{"url":"https://nivawealth.com/firms/mercer-investments-133449","iapdUrl":"https://adviserinfo.sec.gov/firm/summary/133449","regulatoryAum":226040693134,"crd":"133449","secFileNumber":"801-63730","legalName":"Mercer Investments LLC","displayName":"Mercer Investments","website":"https://www.mercer.com/en-us/insights/investments/","linkedinUrl":"https://www.linkedin.com/showcase/mercer-investments/","founded":null,"organization":"Delaware limited liability company","fiscalYearEnd":"December","headquarters":{"street":"99 High Street","city":"Boston","state":"MA","stateName":"Massachusetts","country":"United States","postalCode":"02110"},"tradeNames":["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":{"secApproved":"3 January 2005","noticeFilings":null,"latestNoticeFiling":null},"staff":{"employees":714,"advisory":662,"brokerDealerReps":65,"insuranceAgents":34,"promoters":2},"aum":{"discretionary":220286617428,"discretionaryAccounts":1407,"nonDiscretionary":5754075706,"nonDiscretionaryAccounts":10,"wrapProgram":null,"nonUsClientsPct":1,"nonAumClients":991},"clientTypes":[{"label":"Investment companies","clients":6,"regulatoryAum":11018569689},{"label":"Pooled investment vehicles","clients":35,"regulatoryAum":9887879313},{"label":"Pension and profit-sharing plans","clients":312,"regulatoryAum":139869562560},{"label":"Charitable organizations","clients":1034,"regulatoryAum":62558337474},{"label":"State or municipal government entities","clients":null,"regulatoryAum":483529042},{"label":"Insurance companies","clients":null,"regulatoryAum":347125442},{"label":"Sovereign wealth funds and foreign official institutions","clients":null,"regulatoryAum":2287498},{"label":"Corporations and other businesses","clients":null,"regulatoryAum":15500874},{"label":"Other","clients":20,"regulatoryAum":1857901242}],"fees":[],"feeNotes":[],"custodians":[{"name":"Northern Trust Corporation","shortName":"Northern Trust","location":"Chicago, IL","smaAssets":40815237955},{"name":"Fidelity Investments","shortName":"Fidelity","location":"Boston, MA","smaAssets":31011040312}],"custodyNote":"Mercer Investments has custody of $93.03B for 191 clients.","otherCustodians":[],"leadership":[{"name":"Marc Cordover","title":"President & Director","crd":"7682567"},{"name":"Jon Gezotis","title":"Chief Operating Officer","crd":"8064167"},{"name":"Tammy Choe","title":"Chief Compliance Officer","crd":"5819745"},{"name":"Stephen Gouthro","title":"Director","crd":"7090867"},{"name":"Caroline Hulme","title":"Secretary & Senior Counsel","crd":"7425293"},{"name":"Ferdinand Jahnel","title":"Treasurer","crd":"6623890"},{"name":"Andrew McDougall","title":"Chief Investment Officer","crd":"8317941"},{"name":"Susan Potter","title":"Director","crd":"8063296"},{"name":"Anne Marie Schultz","title":"Chief Commercial Officer","crd":"6247689"},{"name":"Brandi Wust","title":"Chief Client Officer","crd":"3177644"}],"ownership":[{"label":"Mercer (us) LLC","detail":"Sole member in the 75% or more ownership band and a control person, since March 2019."},{"label":"Marsh & McLennan Companies, Inc.","detail":"Indirect owner: a shareholder of Mercer (us) LLC in the 75% or more band and a control person, since February 1984.","parent":"Mercer (us) LLC"}],"branchOffices":null,"filedOffices":{"otherThanPrincipal":25,"privateResidences":0},"listedOfficeAddresses":26,"officesByState":[{"state":"Arizona","offices":1,"addresses":[{"street":"5415 High ST","city":"Phoenix"}]},{"state":"California","offices":3,"addresses":[{"street":"10850 Gold Center DR","city":"Rancho Cordova"},{"street":"17901 Von Karman Avenue","city":"Irvine"},{"street":"633 West 5th ST.","city":"Los Angeles"}]},{"state":"Colorado","offices":1,"addresses":[{"street":"1900 Lawrence ST","city":"Denver"}]},{"state":"Connecticut","offices":1,"addresses":[{"street":"601 Merritt 7","city":"Norwalk"}]},{"state":"District of Columbia","offices":1,"addresses":[{"street":"1050 Connecticut Avenue","city":"Washington"}]},{"state":"Florida","offices":1,"addresses":[{"street":"3031 N. Rocky Point Drive West","city":"Tampa"}]},{"state":"Georgia","offices":1,"addresses":[{"street":"3560 Lenox Road","city":"Atlanta"}]},{"state":"Illinois","offices":1,"addresses":[{"street":"155 North Wacker Drive","city":"Chicago"}]},{"state":"Massachusetts","offices":1,"addresses":[{"street":"99 High Street","city":"Boston","headquarters":true}]},{"state":"Minnesota","offices":1,"addresses":[{"street":"333 South 7th Street","city":"Minneapolis"}]},{"state":"Missouri","offices":1,"addresses":[{"street":"800 Market Street","city":"ST. Louis"}]},{"state":"New Jersey","offices":1,"addresses":[{"street":"445 South ST","city":"Morristown"}]},{"state":"New York","offices":1,"addresses":[{"street":"1166 Avenue of the Americas","city":"New York"}]},{"state":"North Carolina","offices":1,"addresses":[{"street":"100 North Tryon Street","city":"Charlotte"}]},{"state":"Ohio","offices":2,"addresses":[{"street":"200 Public Square","city":"Cleveland"},{"street":"325 John McConnell BLVD","city":"Columbus"}]},{"state":"Pennsylvania","offices":3,"addresses":[{"street":"Six PPG Place","city":"Pittsburgh"},{"street":"30 South 17th Street","city":"Philadelphia"},{"street":"2300 Renaissance BLVD","city":"King of Prussia"}]},{"state":"Texas","offices":2,"addresses":[{"street":"500 Dallas Street","city":"Houston"},{"street":"1717 Main Street","city":"Dallas"}]},{"state":"Utah","offices":1,"addresses":[{"street":"15 West South Temple","city":"Salt Lake City"}]},{"state":"Virginia","offices":1,"addresses":[{"street":"800 East Canal ST","city":"Richmond"}]},{"state":"Washington","offices":1,"addresses":[{"street":"1301 Fifth Avenue","city":"Seattle"}]}],"advFacts":{"source":{"file":"ia100226.zip","asOf":"2 October 2026"},"telephone":"617-747-9500","stateRegisteredReps":0,"otherAdviserReps":0,"compensation":["A percentage of assets under management","Hourly charges","Fixed fees (other than subscription fees)","Performance-based fees","Other"],"activities":["Portfolio management for individuals and/or small businesses","Portfolio management for investment companies","Portfolio management for pooled investment vehicles (other than investment companies)","Portfolio management for businesses (other than small businesses) or institutional clients","Pension consulting services","Selection of other advisers (including private fund managers)","Publication of periodicals or newsletters","Educational seminars/workshops","Other"],"financialPlanningClients":null,"assetMix":[{"label":"Exchange-traded equity securities","percent":1},{"label":"U.S. government/agency bonds","percent":1},{"label":"Investment grade corporate bonds","percent":3},{"label":"Derivatives","percent":1},{"label":"Securities issued by registered investment companies or business development companies","percent":30},{"label":"Securities issued by pooled investment vehicles (other than registered investment companies)","percent":62},{"label":"Cash and cash equivalents","percent":1},{"label":"Other","percent":1,"detail":"Non-Agency MBS, Abs, RMBS, CMBS, CMO, Floating Rate Notes, Stable Value Investment Contracts, Municipal Securities, Group Annuity Contracts, Guaranteed Investment Contracts"}],"privateFunds":40},"sources":{"adv1FilingDate":"11 August 2026","adv1Url":"https://reports.adviserinfo.sec.gov/reports/ADV/133449/PDF/133449.pdf","brochureDate":null,"brochureUrl":null,"iapdCompiledDate":null,"retrievedDate":"15 October 2026","retrievedOn":"2026-10-15","adv1Pages":{},"brochurePages":{}},"otherBusiness":[],"faq":[{"question":"How many clients does Mercer Investments have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What services does Mercer Investments offer?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Which custodians does Mercer Investments use?","answer":"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","sourceRef":{"doc":"adv1","section":"custodians"}},{"question":"How many financial advisors does Mercer Investments have?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"What does Mercer Investments invest in?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}},{"question":"Who owns Mercer Investments?","answer":"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","sourceRef":{"doc":"adv1","section":"scheduleA"}},{"question":"How does Mercer Investments get paid?","answer":"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","sourceRef":{"doc":"adv1","section":"employees"}}],"holdings":null,"notice":"Compiled from public SEC Form ADV filings on the dates in `sources`. Facts as filed; not a rating, ranking, or recommendation. Niva Wealth is not affiliated with this firm. Disciplinary history is deliberately not included here or on the page; the SEC publishes the complete record at the `iapdUrl` above."}