Mercer Advisors Expands in Nashville with Acquisition of $660 Million Financial Partners Group

Tennessee-based firm strengthens Mercer Advisors' Southeast presence

Mercer Global Advisors, Inc. (“Mercer Advisors”), a national Registered Investment Adviser (RIA), today announced the acquisition of Financial Partners Group (“FPG”), an investment advisory and financial planning firm based in Gallatin, Tennessee. This acquisition builds on the firm’s existing presence in the Nashville metro area, bringing its family office service offering to more clients in one of the country’s fastest-growing markets.

Managing $660 million in assets, FPG is led by founding partners Bo Bowling and Scott Paschal. The firm specializes in retirement planning, distribution and wealth transfer, serving a diverse client base ranging from mass affluent individuals to ultra-high-net-worth families. By joining Mercer Advisors, FPG gains access to enhanced investment management and planning resources, in addition to a broader team of specialists, in areas such as estate and tax planning, that enable the firm to provide even more comprehensive services to its clients.

“At Financial Partners, our goal has always been to stand for our clients as their most trusted advisor, combining professional expertise with integrity and personalized service,” said Bowling. “In joining Mercer Advisors, we strengthen our ability to provide the quality guidance our clients expect.”

“Bo and Scott have cultivated a highly respected practice, committed to delivering high-quality advice,” said Martine Lellis, Principal, M&A Partner Development at Mercer Advisors. “We believe deeply in their client-centric approach and focus on long-term success. Their values perfectly align with our own at Mercer Advisors. We look forward to supporting their continued growth and expanding the depth of services they can provide to their clients.”

In addition to leveraging Mercer Advisors’ extensive resources, specialized services and operational support, FPG joined the firm to position its next-gen advisors for continued growth.

“Mercer Advisors’ vast resources and enhanced capabilities will allow us to continue providing exceptional service to our clients, while also providing meaningful career opportunities for our team,” said Paschal. “This partnership enhances our ability to offer even more comprehensive solutions, helping our clients navigate their financial futures with confidence.”

“FPG has demonstrated impressive growth through connections in their community, and we’re pleased their team has chosen to partner with us to take their success to the next level,” said Ben Kautz, CFP^®, Executive Managing Director at Mercer Advisors. “Their experience will be a valuable addition as we continue to grow and expand our presence in the Nashville region.”

Advice Dynamics Partners acted as the exclusive financial advisor to Financial Partners Group.

For more information about partnering with Mercer Advisors, please visit merceradvisors.com/acquisitions.

About Mercer Advisors

Mercer Advisors, the #1 ranked RIA firm in the nation according to the Barron’s 2024 Top 100 Registered Investment Advisor Firms, was founded in 1985. For 40 years, Mercer Advisors has been trusted to help families amplify and simplify their financial lives. The company offers comprehensive, fee-based family office services, including financial planning, estate and tax planning, insurance solutions, and corporate trustee and trust administration services. Mercer Advisors Inc. is a parent company of Mercer Global Advisors Inc. and is majority owned by Oak Hill Capital, Genstar Capital, and Altas Partners. Mercer Global Advisors, Inc. is headquartered in Denver, Colorado, is privately held, has 1,220+ employees, and operates nationally through more than 110 locations. Mercer Advisors has $69 billion in client assets. For more information, visit merceradvisors.com and merceradvisors.com/acquisitions.

Important Information

Company statistics as of December 31, 2024. Client assets refers to client assets under management (AUM) and client assets under advisement (AUA) as well as assets gained from recent acquisitions where the advisory agreements have been properly assigned to Mercer Global Advisors, but the custodial accounts have yet to be transferred and/or the accounts have yet to be migrated to Mercer Global Advisors’ portfolio management system.

Mercer Advisors is not a law firm and does not provide legal advice to clients. All estate planning documentation preparation and other legal advice is provided through select third parties unaffiliated to Mercer Advisors. Tax preparation and tax filing are a separate fee from Mercer Advisors’ investment management and planning services. Trustee services are offered through select third parties with which a client would engage directly, as such additional fees may apply. Mercer Global Advisors has a related insurance agency. Mercer Advisors Insurance Services, LLC (MAIS) is a wholly owned subsidiary of Mercer Advisors Inc. MAIS provides individual life, disability, long term care coverage, and property and casualty coverage through various insurance companies. Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board’s initial and ongoing certification requirements.

2024 - Barron’s Top 100 RIA methodology

Mercer Advisors was ranked number 1 for firms up to $70 billion in client assets. Advisers who wish to be ranked fill out a 100+ question survey about their practice. Barron's verifies that data with regulatory databases and then Barron's applies their rankings formula to the data to generate a ranking. The formula features three major categories of calculations: (1) Assets (2) Revenue (3) Quality of practice. In each of those categories Barron's does multiple sub calculations including asset type, growth, client retention, technology spending, succession planning, diversity of their teams, charitable and philanthropic work and compliance records. No fee was paid for participation in the ranking, however, Mercer Advisors has paid a fee to Barron's to use the ranking in marketing.

Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, should be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Mercer Advisors is engaged, or continues to be engaged, to provide investment advisory services. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized adviser. Rankings are generally limited to participating advisers (see participation criteria/methodology). Unless expressly indicated to the contrary, Mercer Advisors did not pay a fee to be included on any such ranking. No ranking or recognition should be construed as a current or past endorsement of Mercer Advisors by any of its clients.

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