Kanaly Trust + Mercer Advisors:The whole is greater than the sum of the parts… – Aristotle
In December of 2012, we announced our alignment with Lovell Minnick, a private equity firm with a proven track record of helping firms like ours grow. During the past three years, Lovell Minnick assisted us with vetting a number of strategic partners in an attempt to find firms whose business model aligned both strategically and most importantly, philosophically with our business model.
Finally, the three-year search has yielded fruit. Drew Kanaly, Chairman of Kanaly Trust, noted, “The merger between Kanaly Trust and Mercer Advisors preserves the Kanaly brand and allows us to continue providing the same services to our current clients while building a national footprint for Kanaly Trust. From our inception 40 years ago, Deane Kanaly maintained a vision of sharing our services with high net worth and ultra-high net worth clients on a grand scale. That era begins now, providing tremendous growth and career opportunities for folks at Kanaly.”
Mercer Advisors is a leading, privately-held, Registered Investment Advisor (RIA) firm providing best-in-class services to over 5,000 high-net-worth, affluent, and mass affluent clients in 19 cities nationwide. Mercer Advisors takes pride in delivering fee-only investment management, financial planning, retirement planning, tax management, and estate planning services. By joining forces with Mercer Advisors, we benefit from an alignment with a like-minded company that is among the fastest growing wealth management firms in the United States.
As Kanaly celebrates its 40th year, we believe that this partnership allows us to maintain our focus, business model, and our respected brand name for the next 40 years and beyond. To learn more about Mercer Advisors – click here.
The transaction is subject to customary regulatory reviews and approvals.