At a glance
- Mercer projects $35 million to $40 million in interest savings next year.
- Carson Group added Foran Financial, a $410 million New Jersey RIA, from LPL.
- The Mather Group announced a $400 million deal for Legacy Consulting, a Plano, Texas practice founded in 1997.
Mercer Advisors closed a $1.9 billion debt refinancing led by Goldman Sachs, its first syndicated loan, according to our tracking. The raise was oversubscribed and added a $340 million revolving credit facility. Mercer projects $35 million to $40 million in interest savings next year.
Three more RIA transactions
| Buyer | Practice | Reported size |
|---|---|---|
| Carson Group | Foran Financial, Somerville, N.J. | $410 million |
| Merit Financial Advisors | Moldenhauer & Associates, Orchard Park, N.Y. | $1.1 billion |
| The Mather Group | Legacy Consulting, Plano, Texas | $400 million |
Carson Group added Foran Financial, a $410 million New Jersey RIA, from LPL. The Somerville practice becomes a branded Carson Wealth office led by Daniel and John Foran.
The Mather Group announced a $400 million deal for Legacy Consulting, a Plano, Texas practice founded in 1997. The deal takes the Chicago firm's disclosed additions this year past $700 million.
AlphaCore Wealth Advisory also announced a deal for Blue Rock Financial Group, a Sussex County, Del. practice founded by Todd Roselle.
Merit Financial Advisors is buying Moldenhauer & Associates, an Orchard Park, N.Y. practice with $1.1 billion, in its 12th deal of 2026. According to our tracking, the deal is Merit's 10th former Commonwealth team and its first Buffalo-area office. With 12 completed deals against a stated target of 15 this year, three remain.
Reported by the Deals & PE desk from Private Wealth Daily deal log (internal tracking of week deal coverage). Published . Corrections