MarshBerry Advises Glass Jacobson Wealth Advisors on Sale to Mercer Advisors
Woodmere, OH – MarshBerry, a global leader in investment banking and consulting, is pleased to announce that it served as the exclusive sell side advisor to Glass Jacobson Wealth Advisors, a leading wealth management and tax planning firm headquartered in Owings Mills, Maryland, on its sale to Mercer Advisors, one of the nation’s largest independent wealth management firms.
This strategic acquisition strengthens Mercer Advisors’ presence in the Mid-Atlantic region and adds approximately $1.2 billion in assets under management to its national platform. Glass Jacobson Wealth Advisors brings a well-established advisory team and a comprehensive suite of services, including wealth management, tax, and estate planning, to Mercer’s integrated infrastructure. Clients will continue to receive the personalized guidance they value while gaining access to Mercer’s broad planning capabilities, including advanced tax, estate, investment, and business owner advisory services.
“MarshBerry’s role was to ensure Glass Jacobson found a partner that aligned with their vision and values,” said Phil Trem, MarshBerry President. “Our team provided strategic guidance throughout the process—from valuation and positioning to outreach and negotiation. This transaction reflects our commitment to helping firms achieve optimal outcomes without compromising what makes them successful.”
The transaction underscores a growing trend among independent firms seeking partnerships that offer scale, resources and integrated solutions without compromising client relationships. Glass Jacobson’s affiliated tax practice was previously sold to YHB in 2022, reflecting a broader industry movement where CPA-aligned RIAs align with acquirers focused on their core business lines.
“The Glass Jacobson team prioritized continuity and a partner that could support the way their clients are served,” added Rob Madore, MarshBerry Director. “That priority aligns with broader market trends. Firms with deep planning and tax capabilities continue to attract significant interest, particularly in regions where buyers are actively trying to expand their footprint.”
MarshBerry’s engagement included valuation, preparation, market positioning, and managed outreach to potential partners. Mercer Advisors demonstrated the strongest alignment through its integrated advisory model, long-term focus, and operational resources designed to enhance the client experience.
As the wealth management industry continues to evolve, MarshBerry remains a trusted partner for firms seeking strategic growth, cultural alignment, and long-term success.
Leveraging a focused and well–defined process, MarshBerry’s team of investment bankers understand the complexities of the wealth market and how to properly position firms to realize value. With extensive experience in both organic and inorganic growth strategies, clients turn to MarshBerry for strategic advisory, growth acceleration consulting, merger & acquisition transactions including liquidity transactions, acquisition transactions, business continuity/perpetuation transactions, and more.
MarshBerry – Helping Clients Learn, Improve & Realize Value
MarshBerry is a global leader in investment banking and strategic consulting for the financial services industry. With over 40 years of experience, MarshBerry empowers firms in insurance brokerage & distribution, wealth advisory & retirement planning and accounting & tax practices to achieve long-term growth, maximize value, and navigate every stage of ownership. Core offerings include Investment Banking services such as Merger & Acquisition Advisory and Capital Raising, as well as Financial Consulting in Strategic Planning, Valuations, and Perpetuation Planning. MarshBerry also provides specialized support in Organic Growth Consulting, Executive Peer Exchange, Agency Network and Market Intelligence & Performance Benchmarking. For more information, visit www.MarshBerry.com.
Investment banking services in the USA offered through MarshBerry Capital, LLC, Member FINRA and SIPC, and an affiliate of Marsh, Berry & Company, LLC, 28601 Chagrin Blvd, Suite 400, Woodmere, OH 44122 (440) 354-3230.