Mercer Advisors Inc. has announced its latest acquisition — RIA Bell Wealth Management of Austin, Texas.

The client pool at Bell Wealth Management consists of approximately 125 affluent and high-net-worth households, to whom the firm has been providing services for more than 20 years. Assets under management total $200 million, bringing Mercer Advisors’ total AUM to $15 billion and their office total to 37.

Mercer itself has more than 300 employees around the country and provides clients with fee-only investment management, financial planning, family office services, retirement benefits and distribution planning, estate and tax planning, asset protection expertise, and corporate trustee and trust administration services. It is also the parent company of Mercer Global Advisors.

“When we first began thinking about the possibility of merging with a larger firm, there were several names I thought might be a good fit,” Colin Bell, president of Bell Wealth Management, said in a statement.

Bell added, “While other firms could offer similar terms, what was most important to me was finding the perfect convergence of what is right for our clients, our employees, and our stakeholders. As a fiduciary, I believe that every decision we make must pass through a filter which asks ‘Is this good for the client?’ Mercer shares our values, our investment philosophy, and our passion for serving people.”

— Check out Mercer Advisors Adds McDermott Advisory in Delaware on ThinkAdvisor.