Mercer Global Advisors – a national Registered Investment Adviser (RIA) – recently announced the acquisition of Kingfisher Capital, LLC (KC). KC is a comprehensive wealth management firm located in Charlotte, North Carolina. KC was founded by Alexander B. Miles and H.K. Hallett in 1989.
KC has developed a distinct family office approach to client care and is supported by a highly competent and deep bench of professionals serving approximately 210 clients with assets under management (AUM) of roughly $630 million. KC offers comprehensive wealth management services to their clients, anchoring on financial planning and positioning themselves as a family office solution to their high-net-worth clientele.
Launched in 1985, Mercer Global Advisors is a total wealth management and financial planning firm that provides comprehensive, fee-based investment management, financial planning, family office services, retirement benefits and distribution planning, estate and tax planning, insurance solutions, and corporate trustee and trust administration services. Mercer Advisors is a parent company of Mercer Global Advisors Inc. (RIA), and Regis Acquisitions, Inc. (RIA). Both are majority-owned by Oak Hill Capital and Genstar Capital. Mercer Global Advisors, Inc. is based in Denver, Colorado, is privately held, has over 960 employees, and operates nationally through 70+ locations nationwide. Mercer Advisors manages about $52 billion in client assets.
KEY QUOTES:
“As part of taking care of our clients over multiple generations, Alex and I understood we needed to be there for our clients not just over the next decade or two, but forever – our fiduciary duty to them is a forever commitment, which meant we needed to join a national, fully institutionalized organization that shared our mission, vision and values. After a comprehensive search, we were introduced to David Barton, Vice Chairman at Mercer Advisors who leads mergers and acquisitions for Mercer Advisors. After meeting with Dave, we knew we had found the right partner that was not only a national family office RIA with institutional investment capabilities, but also a firm with dozens of estate planning lawyers, a dedicated team of CPAs and other tax professionals, and corporate trustee and other services in-house, and all under one roof.”
— H.K. Hallett (H.K.), Co-Founder
“Kingfisher is dedicated to preserving and growing our clients’ hard-earned assets, while serving as their trusted advisor and confidante.”
“For me, H.K., and our team we could not be more thrilled to be joining Mercer Advisors so we can continue to provide high caliber financial care to our clients whom we consider family for generations to come.”
— Alexander B. Miles (Alex), Co-Founder
“Alex and H.K. have built a high-quality family office business staffed by an exceptional team of professionals. In our industry, you are only as good as your people, and we believe their people, like our people, are top notch. The winners of course, are the clients. KC is a respected and fast-growing firm in North Carolina and beyond, and they significantly bolster our Southern presence.”
— David Barton, Vice Chairman
“KC is an ideal fit for us. Alex and H.K. are high-integrity professionals with a fantastic team and we are thrilled that they are joining our mission to build the nation’s leading fiduciary-based wealth management firm. Together with our already strong presence in the South/Southeast, we present a formidable juggernaut. We are thrilled they are joining the Mercer Advisors team and look forward to working together to deliver meaningful results for our shared clients.”
— Dave Welling, Chief Executive Officer of Mercer Advisors
