Mercer Advisors has acquired Glass Jacobson Wealth Advisors, a Maryland-based wealth management firm overseeing approximately $1 billion in assets under management, strengthening its presence across the Mid-Atlantic region and expanding its footprint throughout the Baltimore and Washington, D.C. corridor.
The transaction brings a Baltimore-based firm with deep accounting and tax roots into Mercer Advisors’ national platform, which manages roughly $90 billion in client assets. Glass Jacobson Wealth Advisors was founded in 2001 and is led by Chief Executive Officer Jonathan Dinkins. The firm is supported by a team of more than 20 advisors, planners, and analysts who collectively serve over 660 families.
Glass Jacobson originated from Glass Jacobson Financial Group, an accounting and tax practice established in 1962. Since launching its wealth management arm, the firm has combined tax and accounting expertise with full-service financial planning, positioning itself as a long-term partner to families and business owners navigating complex financial needs. The firm operates under a guiding philosophy centered on empowering clients, team members, and the broader community, with an emphasis on trust, collaboration, and multi-generational relationships.
Through the acquisition, Glass Jacobson clients will gain access to Mercer Advisors’ integrated family office model, including expanded estate and tax planning capabilities, institutional investment management, and a national advisory network supported by more than 100 investment professionals and over 360 CFP® practitioners. Mercer Advisors said the partnership is designed to preserve continuity for clients while also creating broader career development opportunities for the next generation of Glass Jacobson leaders.
For Mercer Advisors, the addition of Glass Jacobson enhances its regional scale in the Mid-Atlantic and aligns with its strategy of partnering with firms that share a fiduciary, client-first approach. The firm has continued to expand nationally through targeted acquisitions that deepen local expertise while leveraging centralized resources.
MarshBerry served as the investment banker to Glass Jacobson Wealth Advisors on the transaction. Financial terms of the acquisition were not disclosed.
KEY QUOTES:
“Glass Jacobson Wealth Advisors has built a trusted reputation for delivering holistic, tax-integrated financial advice. For decades, they’ve been a cornerstone of the Mid-Atlantic financial community, serving generations of families and business owners with the kind of local insight and personal commitment that can only come from deep roots in the region. Their enduring relationships and client-first culture align perfectly with Mercer Advisors’ founding principle of helping families achieve financial freedom with purpose and care.”
Ben Kautz, Executive Managing Director, Mercer Advisors
“For more than 60 years, our firm has helped clients manage their financial lives through a deeply personal, relationship-driven approach. Mercer Advisors shares our values, our fiduciary commitment, and our passion for empowering clients and our team. This partnership will allow us to enhance our resources and deliver the same holistic, client-centered service for generations to come.”
Jonathan Dinkins, Chief Executive Officer, Glass Jacobson Wealth Advisors
“Glass Jacobson’s combination of heritage, leadership and vision makes them a natural fit for Mercer Advisors. Their next-generation team exemplifies the kind of forward-thinking, fiduciary leadership that strengthens our platform and enhances the impact we can make in helping clients achieve their financial goals.”
Ted Motheral, Principal, M&A Partner Development, Mercer Advisors
