Wealth manager, independent · Denver, CO
Mercer Global Advisors Inc.
SEC-registered investment adviser · CRD 147363 · SEC 801-69271
At a glance
Mercer Global Advisors Inc. is an SEC-registered investment adviser based in Denver, Colorado, with $84B in regulatory assets under management as of its Form ADV filed September 17, 2026. It reports 35,044 individual clients, 18,398 of them high-net-worth, holding an average of about $2.2 million each, and 1,429 employees. That ranks it 13th among the nation’s 5,657 independent wealth management RIAs and 2nd of 177 in Colorado. It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity.
Main office 888-885-8101merceradvisors.comLinkedInAs filed on Form ADV
- Regulatory AUM
- $84B
- Rank among independent wealth managers
- #13 of 5,657
- Rank among all SEC RIAs
- #299 of 17,210
- Rank in Colorado
- #2 of 177
- Individual clients
- 35,044
- High-net-worth clients
- 18,398
- Accounts
- 116,310
- Discretionary
- 98% of AUM
- Employees
- 1,429
- Advisory staff
- 632
- Offices
- 269
Owners and executives on its Form ADV
- Charles D. WellingChief Executive Officer
- Donald A. CalcagniChief Investment Officer
- Kimberly L. LorenzChief Compliance Officer
- Christine A. CataldoChief Technology Officer
- Mathew R. EncinoGeneral Counsel
- Gary I. FoodimChief Marketing Officer
- Daniel A. GourvitchPresident
- Gun H. KeresteciChief Financial Officer
- Elizabeth S. HioeChief People Officer
Custody and brokerage
Broker-dealer
Hybrid RIA
Mercer Global Advisors Inc. is a hybrid RIA: 5 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Heim, Young & Associates, Inc..
- Heim, Young & Associates, Inc. ↗CRD 38993
Its Form ADV brochure (filed March 2026) names Heim, Young & Associates as the broker-dealer its advisers are registered with.
Certain Mercer Advisors’ representatives also serve as licensed agents and registered representatives of Insurance and HYA.
Who it serves
| Client type | Clients | Regulatory AUM | Share |
|---|---|---|---|
| High-net-worth individuals | 18,398 | $71B | 84% |
| Individuals | 16,646 | $7.1B | 8% |
| Pension and profit sharing plans | 718 | $3.5B | 4% |
| Charitable organizations | 166 | $2.0B | 2% |
| Corporations or other businesses | 244 | $1.4B | 2% |
Disciplinary disclosures
Mercer Global Advisors Inc. answers yes to 2 disclosure items in Item 11 of Form ADV (criminal, regulatory or civil matters involving the firm or its advisory affiliates). Read the details on the SEC’s adviser search ↗
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
Form ADV and brochures on the SEC’s adviser search ↗merceradvisors.com ↗
AtlasMembers
The full record on Mercer Global Advisors Inc.
Ten years of SEC filings, its owners and contacts, and how it stacks up against its peers. Atlas members see all of it.
- Assets, accounts, clients and staff, ten years of filings
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- Growth over one, three and five years
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- Rank against 59 peers of its type and size
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- Owners and executives, with titles and stakes
- 9 namedLocked
- Main office, fax and compliance officer
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- Filing changes this year, with alerts
- 5Locked
Free while Atlas launches: create a free account and confirm your email. Every figure comes from SEC filings.
Similar-size RIAs in Colorado
All of Colorado →| Firm | Regulatory AUM | Clients |
|---|---|---|
| Empower Advisory Group, LLCGreenwood Village | $195B | 293,347 |
| Aspen Grove Capital, LLCAvon | $6.7B | 40 |
| Western Wealth Management LLCGolden | $5.4B | 11,019 |
| JFG Family OfficeDenver | $4.5B | 162 |
| BOK Financial Private Wealth, Inc.Denver | $3.7B | 737 |
| GHP Investment Advisors IncDenver | $3.1B | 1,226 |
Compare Mercer Global Advisors Inc. with
- Mercer Global Advisors Inc. vs Empower Advisory Group, LLC $195B · Greenwood Village, CO
- Mercer Global Advisors Inc. vs Wealth Enhancement Advisory Services, LLC $122B · Plymouth, MN
- Mercer Global Advisors Inc. vs Pathstone $110B · Englewood, NJ
- Mercer Global Advisors Inc. vs Kestra Advisory Services, LLC $80B · Austin, TX
- Mercer Global Advisors Inc. vs Cresset Asset Management, LLC $79B · Chicago, IL
Background
Questions
How much does Mercer Global Advisors Inc. manage?
Mercer Global Advisors Inc. reports $84B in regulatory assets under management across 116,310 accounts, 98% of it on a discretionary basis, on its Form ADV filed September 17, 2026.
How many clients does Mercer Global Advisors Inc. have?
It reports 35,044 individual clients: 18,398 high-net-worth individuals and 16,646 other individuals. Individuals account for about 92% of its regulatory assets.
Where is Mercer Global Advisors Inc. headquartered?
Its main office is in Denver, Colorado. It reports 269 offices in total and 1,429 employees, 632 of whom perform investment advisory functions.
How does Mercer Global Advisors Inc. charge clients?
On Form ADV it lists these forms of compensation: a percentage of assets under management; hourly charges; fixed fees; other. Fees and minimums are set out in its Form ADV Part 2A brochure, available on the SEC’s adviser search.
What custodian does Mercer Global Advisors Inc. use?
It reports 2 custodians for its clients’ separately managed accounts: Charles Schwab and Fidelity. On Schedule D of its Form ADV filed September 17, 2026, it reports these amounts held: Charles Schwab ($58B); Fidelity ($21B). Form ADV lists only custodians holding 10% or more of separately managed account assets.
Is Mercer Global Advisors Inc. a hybrid RIA with a broker-dealer?
Mercer Global Advisors Inc. is a hybrid RIA: 5 of its employees are also registered representatives of a broker-dealer. It names an affiliated broker-dealer: Heim, Young & Associates, Inc.. Those representatives can also earn commissions on brokerage business through the broker-dealer, where different rules apply than for advisory accounts.
Is Mercer Global Advisors Inc. a fiduciary?
As an SEC-registered investment adviser, Mercer Global Advisors Inc. owes its advisory clients a fiduciary duty under the Investment Advisers Act of 1940, which includes duties of care and loyalty. 5 of its employees are also registered representatives of a broker-dealer, where different rules apply to brokerage recommendations.
Where these numbers come from
Every figure is Mercer Global Advisors Inc.’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). Custodians come from Schedule D 5.K(3) of its latest filing (2026-09-17), which lists those holding 10% or more of separately managed account assets and the amount at each. “Hybrid” means some employees are also registered representatives of a broker-dealer (Item 5.B(2)); affiliated broker-dealers are the related persons it lists in Item 7.A and Schedule D. Firm type comes from its own answers: broker-dealer firms are registered broker-dealers themselves (Item 6.A); private fund advisers manage mostly private funds (Item 7.B, 5.D); wealth managers manage at least half their assets for individuals (5.D). Its national rank compares it with every US-based independent wealth management RIA, the same field as The Largest RIAs. Figures are as of the firm’s last annual update, so they can lag recent deals and market moves. Regulatory AUM counts assets the firm continuously supervises and can differ from what a firm markets.
Not an endorsement or a recommendation. Before hiring any adviser, read its Form ADV Part 2A brochure and check its record on the SEC’s adviser search. How to check a financial advisor →