Baltimore, MD, December 4, 2025
Mercer Global Advisors has expanded its Mid-Atlantic presence by acquiring Glass Jacobson Wealth Advisors, a Maryland-based firm managing roughly $1 billion in assets. This acquisition enhances Mercer’s footprint particularly in the Baltimore and Washington, D.C. corridor. The transaction, marking Mercer’s 14th acquisition in 2025, will provide increased investment management and tax-focused wealth management resources to more than 660 families served by Glass Jacobson.
Mercer Advisors Expands Mid-Atlantic Presence with Acquisition of Glass Jacobson Wealth Advisors
Baltimore, MD – Mercer Global Advisors, Inc. has acquired Glass Jacobson Wealth Advisors, a Maryland-based wealth management firm managing approximately $1 billion in assets. This acquisition enhances Mercer’s footprint in the Mid-Atlantic region, particularly along the Baltimore and Washington, D.C. corridor.
Details of the Acquisition
Founded in 2001, Glass Jacobson Wealth Advisors originated from Glass Jacobson Financial Group, an accounting and tax practice established in 1962. The firm is led by CEO Jonathan Dinkins and is supported by a team of over 20 advisors, planners, and analysts who serve more than 660 families.
Mercer Advisors, a national Registered Investment Adviser (RIA) managing over $90 billion in client assets, has been actively expanding its presence through strategic acquisitions. This acquisition marks Mercer’s 14th deal in 2025, representing $9.5 billion in acquired assets.
Strategic Significance
The integration of Glass Jacobson Wealth Advisors aligns with Mercer’s strategy to broaden its service offerings, particularly in tax-focused wealth management. The acquisition is expected to provide enhanced investment management and planning resources, including estate and tax planning, to a broader client base in the Mid-Atlantic region.
Background on Mercer Advisors
Mercer Advisors is a national RIA headquartered in Denver, Colorado, with over 100 locations nationwide. The firm offers a comprehensive suite of services, including financial planning, investment management, trust services, and tax planning, catering to high-net-worth individuals and families.
Recent Expansion Efforts
In recent years, Mercer Advisors has significantly expanded its presence through various acquisitions:
- Financial Partners Group: Acquired in February 2025, this Tennessee-based firm manages $660 million in assets, enhancing Mercer’s Southeast presence.
- Kiely Wealth Advisory Group: Acquired in October 2024, this North Carolina-based firm manages $523 million in assets, strengthening Mercer’s position in the Southeast.
- MDK Private Wealth Management, LLC: Acquired in March 2024, this Seattle-based firm manages over $2.5 billion in assets, expanding Mercer’s Northwest presence.
- Paragon Wealth Strategies, LLC: Acquired in December 2023, this Florida-based firm manages $495 million in assets, bolstering Mercer’s presence in the Southeast.
- Transitions Wealth Management, LLC: Acquired in January 2024, this Colorado-based firm manages approximately $465 million in assets, enhancing Mercer’s presence in the Rockies.
These strategic acquisitions reflect Mercer’s commitment to expanding its national footprint and enhancing its service offerings to clients across the United States.
Key Features of the Acquisition
| Feature | Details |
|---|---|
| Acquiring Firm | Mercer Global Advisors, Inc. |
| Acquired Firm | Glass Jacobson Wealth Advisors |
| Assets Under Management | Approximately $1 billion |
| Location | Maryland, USA |
| Client Base | Over 660 families |
| Mercer’s Total Assets Under Management | Over $90 billion |
| Mercer’s Number of Locations Nationwide | Over 100 |
| Mercer’s Recent Acquisitions in 2025 | 14 deals representing $9.5 billion in acquired assets |
Conclusion
The acquisition of Glass Jacobson Wealth Advisors by Mercer Advisors is a significant development for the Mid-Atlantic financial landscape. This move not only signifies Mercer’s growth ambitions but also enhances the resources available to current and future clients in the region. Such mergers and acquisitions can play a crucial role in fostering a favorable environment for local entrepreneurs and high-net-worth individuals seeking professional financial guidance.
As Baltimore continues to cultivate a vibrant economic climate, it is essential for residents to support local businesses and stay engaged with the evolving dynamics of the Baltimore City economy.
FAQ
What is the significance of Mercer’s acquisition of Glass Jacobson Wealth Advisors?
The acquisition enhances Mercer’s presence in the Mid-Atlantic region, particularly along the Baltimore and Washington, D.C. corridor, and aligns with Mercer’s strategy to broaden its service offerings, especially in tax-focused wealth management.
How does this acquisition fit into Mercer’s broader expansion strategy?
This acquisition is part of Mercer’s broader strategy to expand its national footprint through strategic acquisitions, enhancing its service offerings and client base across the United States.
What services does Mercer Advisors offer to its clients?
Mercer Advisors offers a comprehensive suite of services, including financial planning, investment management, trust services, and tax planning, catering to high-net-worth individuals and families.
Can you provide examples of Mercer’s recent acquisitions?
Recent acquisitions include Financial Partners Group in Tennessee, Kiely Wealth Advisory Group in North Carolina, MDK Private Wealth Management in Washington, Paragon Wealth Strategies in Florida, and Transitions Wealth Management in Colorado.
How does this acquisition impact Glass Jacobson Wealth Advisors’ clients?
Clients of Glass Jacobson Wealth Advisors are expected to benefit from enhanced investment management and planning resources, including estate and tax planning, as part of Mercer’s broader service offerings.
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