Mercer Global Advisors – a national Registered Investment Adviser (RIA) firm – announced the recent hiring of multiple experienced executives to bolster the firm’s inorganic growth strategies, including key hires on the firm’s M&A teams.
Enhancing Mercer Advisor’s M&A Partner Development Team are veteran relationship managers with substantial experience working directly with RIAs. Andy Burgess, Greg Mayes, and Jay Robinson join Mercer Advisors as VPs, each with over 20 years of experience at leading RIA custodians, including Schwab, Fidelity, TD Ameritrade, LPL, and RBC.
These recent additions to the M&A teams illustrate that highly experienced, leading talent in the RIA space see the value of Mercer Advisors to do their best work. Plus, Stacy Orff, a 30-year veteran of Schwab, SS&C Advent, and most recently of RIA-focused investment bank and consulting firm DeVoe & Company, joins Mercer Advisors as VP of Platform Marketing. Jeff Dadamo also joins from Dimensional Fund Advisors as Sr. Director, M&A Investment integration.
Andy Burgess joins Mercer Advisors after an extensive career working with RIAs in a number of capacities, including as a former VP at Fidelity Investments, where he advised breakaway advisors on the optimal positioning for their new firms. Before Fidelity, Burgess held a similar role at Schwab Advisor Services. Most recently, Burgess served as Regional Director, Business Development for NewEdge Advisors, supporting teams on their path to independence.
Greg Mayes joins Mercer Advisors after a 25+ year career working with RIAs, most recently as a VP of Strategic Business Development for LPL Financial, and a nearly 13 year career at TD Ameritrade Institutional. Previous to TDA, Mayes spent 12 years at Schwab Advisor Services in multiple business development and technology consulting roles, supporting RIA executives and guiding advisors on their path to independence.
Jay Robinson joined Mercer Advisors with over 25 years of experience working with RIAs, most recently as a Managing Director at Schwab Advisor Services, Regional Vice President at RBC, and Regional Director at Piper Jaffray.
Stacy Orff joined Mercer Advisors with an extensive career in wealth management and working with RIAs, most recently as Managing Director – Head of Marketing at DeVoe & Company. Previously, Orff was a Senior Director of Marketing at SS&C Advent, VP of Marketing for AssetMark, and a Marketing Director at Schwab Advisor Services.
Jeff Dadamo joined Mercer Advisors from Dimensional Fund Advisors, where he held various roles as an investment strategist and financial advisor services analyst. Before DFA, Dadamo was a professional tennis player on the ATP World Tour.
KEY QUOTES:
“Every one of the 85 firms that have joined us through M&A is putting their life’s work in our hands and our approach to building our M&A teams considers the gravity of deciding on their future partner. Our teams are stacked with purpose-driven professionals who have deep experience in helping RIAs make decisions on the future direction of their firms. They are passionate about advisor success and understand the highly nuanced RIA space. Building on former Mercer Advisors’ CEO and now head of our M&A efforts, Dave Barton’s vision, firms joining us are making significant decisions that will impact not only themselves but also their team, and, most importantly, their clients. Our investments are in the Partner Development teams and dozens of professionals on our Integration teams who have the knowledge, experience, dedication, resources and commitment to realize their long-term career aspirations.”
“In just the last 12 months we have added over 260 professionals to our regional Wealth Management, Wealth Solutions and Investment teams in addition to the many talented professionals who have joined us through over 12 acquisitions in 2023 alone. As the independent RIA industry continues to remain the fastest growing segment in all financial services, we are confident in our ability to execute multiple strategies to capitalize on these opportunities.”
- Dave Welling, CEO of Mercer Advisors
“There is definitely a fight for talent in the independent RIA space, and we are winning. These recent additions to our M&A teams illustrate that highly experienced, leading talent in the RIA space see the value and differentiation of the Mercer Advisors platform which combines people, process, and technology to help advisors do their best work. Building out our M&A teams is just one example of how our strategy and culture attract the best and brightest from across the industry.”
- Martine Lellis, Chief Talent Officer for Mercer Advisors
