|
Laxman Pai, Opalesque Asia: Mercer, a global consulting leader, acquired the investment consulting business of Pavilion Financial Group as well as the defined contribution consulting and outsourced CIO businesses of Summit Strategies Group.
Mercer and a wholly owned subsidiary of Marsh & McLennan Companies, have signed a definitive agreement to acquire Summit Strategies Group, a leading investment consultant headquartered in St. Louis, Missouri.
Founded in 1995 to provide high valueadded investment consulting services to institutional clients, Summit's experienced team of results?driven investment professionals provide focused and customized attention to its clients.
With approximately $160bn under advisement as of December 31, 2017, Summit has been ranked as a Greenwich Quality Leader in 2015 and 2016 by Greenwich Associates. Summit's services include traditional consulting (for defined benefit pension plans, health care systems, endowments and foundations), defined contribution services and outsourced chief investment officer (OCIO) support.
Mercer and the wholly owned subsidiary of Marsh & McLennan Companies also have signed a definitive agreement to acquire the investment consulting, alternatives consulting and wealth management operations of Pavilion Financial Corporation.
Pavilion, a diversified, global investment services firm with approximately 300 employees, is headquartered in Winnipeg, Canada with offices across North America, in London and i...................... To view our full article Click here
|
RSS
