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RIA News: $48 Billion Mercer Advisors Acquires RMR Wealth Advisors

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Top RIA Mercer Global Advisors announced that it is buying RMR Wealth Advisors in Madison, Wisconsin. RMR has about $350 million in AUM and more than 150 clients. Oak Hill Capital and Genstar Capital-backed Mercer Advisors has more than 80 offices across the country and manages just shy of $50 billion.