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RIA comparison · SEC Form ADV

Mercer Global Advisors Inc. vs Cresset Asset Management, LLC

Two independent wealth managers side by side: assets, clients, staff, services and fees, from each firm’s own filing.

The short answer

Mercer Global Advisors Inc. is the larger of the two, with $84B in regulatory assets to $79B at Cresset Asset Management, LLC, 7% more than its rival, by their latest Form ADV filings. Mercer Global Advisors Inc. reports more individual clients (35,044 vs 4,746), while Cresset Asset Management, LLC’s clients hold more on average (about $15 million each against $2.2 million). Mercer Global Advisors Inc. is based in Denver, Colorado and Cresset Asset Management, LLC in Chicago, Illinois.

FigureMercer Global Advisors Inc.Cresset Asset Management, LLC
Regulatory AUM$84B$79B
National rank#13#15
HeadquartersDenver, ColoradoChicago, Illinois
Individual clients35,0444,746
High-net-worth clients18,3983,667
Average client assets$2.2 million$15 million
Accounts116,31032,894
Discretionary98% of AUM98% of AUM
Employees1,429496
Advisory staff632187
Clients per advisory employee5525
Offices26925
Form ADV filed2026-09-172026-08-13

Mercer Global Advisors Inc.

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for businesses and institutions
  • Pension consulting
  • Selecting other advisers
  • Periodicals or newsletters
  • Educational seminars and workshops
  • Other services

How it’s paid

  • A percentage of assets under management
  • Hourly charges
  • Fixed fees
  • Other

Cresset Asset Management, LLC

Full profile →

Services

  • Financial planning
  • Portfolio management for individuals and small businesses
  • Portfolio management for pooled investment vehicles
  • Portfolio management for businesses and institutions
  • Pension consulting
  • Selecting other advisers
  • Educational seminars and workshops

How it’s paid

  • A percentage of assets under management
  • Fixed fees
  • Performance-based fees

Questions

Which is bigger, Mercer Global Advisors Inc. or Cresset Asset Management, LLC?

Mercer Global Advisors Inc., with $84B in regulatory assets under management against $79B at Cresset Asset Management, LLC. Nationally they rank #13 and #15 among 5,657 independent wealth management RIAs.

How many clients do Mercer Global Advisors Inc. and Cresset Asset Management, LLC have?

Mercer Global Advisors Inc. reports 35,044 individual clients (18,398 high-net-worth) with 632 advisory employees; Cresset Asset Management, LLC reports 4,746 (3,667 high-net-worth) with 187 advisory employees.

How do Mercer Global Advisors Inc. and Cresset Asset Management, LLC charge clients?

Only Mercer Global Advisors Inc. lists hourly charges; other forms of compensation on Form ADV. Only Cresset Asset Management, LLC lists performance-based fees. Fee schedules and minimums are in each firm’s Form ADV Part 2A brochure.

What services do Mercer Global Advisors Inc. and Cresset Asset Management, LLC offer?

Mercer Global Advisors Inc. lists periodicals or newsletters; other services, which Cresset Asset Management, LLC does not. Cresset Asset Management, LLC lists portfolio management for pooled investment vehicles, which Mercer Global Advisors Inc. does not. Both offer financial planning; portfolio management for individuals and small businesses; portfolio management for businesses and institutions; pension consulting; selecting other advisers; educational seminars and workshops.

More comparisons

Where these numbers come from

Every figure is the firm’s own answer on its latest Form ADV, from the SEC’s registered-adviser list as of October 1, 2026: regulatory assets and accounts (Item 5.F), clients by type (5.D), employees (5.A and 5.B), compensation (5.E) and services (5.G). Average client assets divide the assets held for individual and high-net-worth clients by their number. Ranks compare each firm with all US-based independent wealth management RIAs, the same field as The Largest RIAs. Figures can lag recent deals and market moves.

Not an endorsement or a recommendation of either firm. Before hiring an adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search: Mercer Global Advisors Inc. ↗, Cresset Asset Management, LLC ↗. How to check a financial advisor →