By David Wignall

Mercer Global Advisors today announced its tenth acquisition of the year. As a bonus, the Denver-based giant also announced its 11th, bringing the firm's total acquisition count to 107 since it launched its inorganic growth strategy in 2016.

Acquisition no. 10 is West Oak Capital, an advisory practice headquartered in Eagle, Idaho. Regulatory documents show that the eight-member team manages roughly $500 million in client assets on behalf of more than a hundred clients.

West Oak was founded in 2003 by husband-and-wife pair Byron and Lisa Snider, according to the firm's website. Byron Snider serves as West Oak's president and chief compliance officer, while Lisa Snider runs the company's back office.

"Joining forces with Mercer Advisors allows us to broaden what we can offer to our clients and their families," says Byron Snider in a statement. "We'll gain access to additional resources, technology and infrastructure that will elevate our service model while maintaining the personal touch our clients have always valued."

Mercer also announced that it would acquire Bend, Ore.-based Eagle Wealth Management, a registered independent advisor with roughly $350 million in client assets. As part of the transaction, Mercer also picked up Eagle Wealth Accounting, an affiliated tax service firm.

Eagle Wealth was founded in 2008 by another husband-and-wife duo, Chad and Cami Staskal. The addition of the 10-member team should strengthen Mercer's presence in Bend, where the mega-RIA recruited two solo advisors in January.

"We were seeking a partner who shares our commitment to personalized, long-term financial care," says Chad Staskal.

In early August, a spokesman for Mercer, already one of the most acquisitive RIAs in the country, said the company planned to acquire "15 to 20" advisory practices this year. The firm is majority-owned by private-equity backers Oak Hill Capital, Genstar Capital, and Altas Partners.

Regulatory documents show that Mercer managed $81 billion in client assets at the end of June. The firm has been growing aggressively since then. In July, Mercer acquired O'Brien Wealth Partners ($1.1 billion in client assets), and in August it bought Family Wealth Planning Group ($1.2 billion).

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September 02, 2025 14:05 ET (18:05 GMT)

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