Mercer Advisors Acquires Women-Led Eagleson Arndt to Expand Los Angeles Footprint
Mercer Advisors, a registered investment advisor managing $98 billion in assets, has acquired Eagleson Arndt Financial Advisors, a women-led firm based in Thousand Oaks, California. The acquisition adds approximately $100 million in assets under management and strengthens Mercer’s presence in Ventura County and the Greater Los Angeles region. Founded by Vicki Arndt, who will remain actively involved post-transaction, the firm is known for its comprehensive, planning-focused approach to financial advice. Martine Lellis, executive managing partner for M&A partner development at Mercer, stated that the deal aligns with the company’s strategy to scale holistic, client-centered services in key markets. The integration aims to enhance Mercer’s family office capabilities by offering coordinated investment, estate, and tax planning services. Lellis emphasized that cultural alignment and fiduciary standards were paramount in selecting the partner, noting the highly competitive nature of the current RIA merger and acquisition landscape in California. This move continues Mercer’s aggressive expansion strategy, leveraging its platform to support experienced advisors while providing clients with access to institutional-grade resources and a broader suite of financial solutions.
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Mercer Advisors Acquires Women-Led Eagleson Arndt to Expand Los Angeles Footprint
Mercer Advisors, a registered investment advisor managing $98 billion in assets, has acquired Eagleson Arndt Financial Advisors, a women-led firm based in Thousand Oaks, California. The acquisition adds approximately $100 million in assets under management and strengthens Mercer’s presence in Ventura County and the Greater Los Angeles region. Founded by Vicki Arndt, who will remain actively involved post-transaction, the firm is known for its comprehensive, planning-focused approach to financial advice. Martine Lellis, executive managing partner for M&A partner development at Mercer, stated that the deal aligns with the company’s strategy to scale holistic, client-centered services in key markets. The integration aims to enhance Mercer’s family office capabilities by offering coordinated investment, estate, and tax planning services. Lellis emphasized that cultural alignment and fiduciary standards were paramount in selecting the partner, noting the highly competitive nature of the current RIA merger and acquisition landscape in California. This move continues Mercer’s aggressive expansion strategy, leveraging its platform to support experienced advisors while providing clients with access to institutional-grade resources and a broader suite of financial solutions.
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