DFX Intelligence
RIA Intelligence
Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.
SEC-registered adviser
Mercer Investments LLC
Latest filing Aug 11, 2026
First filing on the tape Nov 25, 2011 · 61 filings
SEC status approved since Jan 3, 2005
RAUM
$226B
reported, Item 5.F
Discretionary
97%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
714
662 advisory (5.B.1)
Offices
25
beyond the principal office
Private funds
40
reported on Schedule D
History
61 filings and snapshots on the tape
RAUM$226B as of Aug 11, 2026
Apr 30, 2012$15B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Aug 11, 2026
Apr 30, 20120 then
Employees (5.A)714 as of Aug 11, 2026
Apr 1, 201382 then
Private funds40 as of Aug 11, 2026
Apr 30, 201214 then
RAUM +12% over the last fiscal year+23% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Aug 11, 2026; every figure names its basis
Archetypes, each a printed rule
- Broker-dealer affiliated · Item 7.A.1 (broker-dealer affiliate) and at least 50 registered representatives (Item 5.B.2), or the adviser is itself a broker-dealer (6.A.1)
- Institutional asset manager · institutional share (pensions, government, insurance, corporations, charities, banks, other advisers) at least 60 percent and private-client share under 20 percent
- OCIO / institutional advisory · selection of other advisers (5.G.7) and institutional share at least 50 percent
- Retirement plan adviser · pension consulting activity (Item 5.G.6) and pension plans at least 25 percent of RAUM or at least 25 pension-plan clients
- RAUM per advisor
- unknownderivedRAUM over IAPD advisors; not a book size
- Clients per advisor
- unknownderivedindividual and HNW clients (5.D) over advisors
- Average HNW client
- unknownderivedHNW RAUM over HNW clients
- Average account
- $160MderivedRAUM over accounts (5.F.2.f)
- Discretionary
- 97%derivedof RAUM
- Institutional
- 90%derivedpensions, charities, corporations, government, insurance, banks, other advisers
- Employees per advisor
- unknownderivedItem 5.A over advisors
- Advisors per office
- unknownderived26 offices incl. principal (1.F.5)
- RAUM growth, one year
- +12%derivedbetween the last two annual amendments
- Advisor growth, one year
- unknownderivedItem 5.B.3 between annual amendments
- Client growth, one year
- unknownderived
- Compensation
- percentage of assets, hourly, fixed fees, performance-based, otherreportedItem 5.E
- Advisory activities
- portfolio management for individuals, portfolio management for businesses and institutions, portfolio management for pooled vehicles, portfolio management for investment companies, pension consulting, selection of other advisers, publications, educational seminars, otherreportedItem 5.G
- Custody
- $93B, 191 clientsreportedItem 9.A
- Ownership
- no PE, bank or public-company owner found on Schedule Aderived
- Advisor book size
- not public; not estimatedreported
Also answered yes on Form ADV
- buys or sells securities as principal to or from clients (8.A.2)
- has discretionary authority over which securities are bought or sold (8.C.1)
- receives research or other products from a broker-dealer, soft dollars (8.E)
- has custody of client cash or bank accounts (9.A.1.a)
- has custody of client securities (9.A.1.b)
- a related person has custody of client cash (9.B.1.a)
- a related person has custody of client securities (9.B.1.b)
- marketing includes testimonials (5.L.1.c)
- marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
- Pension and profit-sharing plans$140B62%
- Charitable organizations$63B28%
- Investment companies$11B4.9%
- Pooled investment vehicles$9.9B4.4%
- State and municipal entities$484M0.2%
- Insurance companies$347M0.2%
- Corporations and businesses$15.5M0.0%
- Sovereign wealth funds$2.3M0.0%
- Individual clients
- n/areported
- HNW clients
- n/areported
- Pension plan clients
- 312reported
- Charitable clients
- 1,034reported
- Accounts
- 1,417reported
- Financial planning clients
- reported
- Wrap fee programs
- noreported
- Custody of client assets
- $93B for 191 clientsreported
- Compensation
- % of AUM, fixed, hourly, performancereported
- Class basis
- private_client_share=0.0 fund_share=0.09 institutional_share=0.9 related_bd=true related_bank=true bd_reps=65.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
Joined, latest
none on the tape
Private funds
55 reported on Schedule D 7.B.(1)
| Fund | Type | Gross assets | Owners | First reported |
|---|---|---|---|---|
| Mercer Active Long Corporate Fixed Income Portfolio | Other Private Fund | $6.9B | 124 | Mar 30, 2012 |
| Mercer Redstone Balanced Fundno longer reported | Other Private Fund | $1.6B | 1 | Mar 30, 2012 |
| Mercer Hedge Fund Investors Spc | Other Private Fund | $1.5B | 61 | Mar 30, 2012 |
| Mercer Sonoco Investment Fundno longer reported | Other Private Fund | $1.3B | 1 | Mar 31, 2015 |
| Mercer Private Investment Partners Vii, LP | Private Equity Fund | $966M | 85 | Mar 31, 2022 |
| Mercer Private Investment Partners Vi, LP | Private Equity Fund | $932M | 63 | Mar 27, 2020 |
| Mercer Diocese Of Brooklyn Growth Strategy | Other Private Fund | $843M | 1 | Mar 30, 2016 |
| Mercer Private Investment Partners III (Offshore), LPno longer reported | Private Equity Fund | $646M | 26 | Apr 1, 2013 |
| Mercer Sunoco Investment Portfoliono longer reported | Other Private Fund | $592M | 1 | Mar 30, 2012 |
| Mercer Private Investment Partners V, LP | Private Equity Fund | $580M | 45 | Mar 31, 2017 |
| Mercer Audax Credit Feeder Fund, LP | Other Private Fund | $401M | 6 | Mar 29, 2019 |
| Mercer Fftc US Equity Investment Portfolio LLC | Hedge Fund | $381M | 7 | Mar 29, 2019 |
| Mercer Private Investment Partners IV, LP | Private Equity Fund | $342M | 34 | Mar 31, 2015 |
| Ers Private Equity International Fund II, L.P. | Private Equity Fund | $322M | 11 | Mar 30, 2015 |
| Mercer Buyout-Ready Fund | Other Private Fund | $306M | 1 | Mar 30, 2018 |
| Mercer Ares Credit Feeder Fund LP | Other Private Fund | $291M | 4 | Mar 29, 2019 |
| Mercer Private Investment Partners III (Offshore), LP | Private Equity Fund | $290M | 22 | Mar 29, 2019 |
| Mercer Redstone Total Return Fundno longer reported | Other Private Fund | $239M | 2 | Mar 30, 2012 |
| Mercer Arinc Investment Portfoliono longer reported | Other Private Fund | $230M | 1 | Mar 30, 2012 |
| Mercer Strategic Solutions, LLC - Fixed Income Seriesno longer reported | Other Private Fund | $221M | 20 | Apr 1, 2013 |
| Mercer Strategic Solutions, LLC - International Equity Series | Other Private Fund | $220M | 12 | Apr 1, 2013 |
| Mercer Diocese Of Brooklyn Risk Reduction Strategy | Other Private Fund | $200M | 1 | Mar 30, 2016 |
| Mercer Fftc US Fixed Income Investment Portfolio LLC | Hedge Fund | $193M | 7 | Mar 29, 2019 |
| Mercer Fftc Non-US Equity Investment Portfolio LLC | Hedge Fund | $182M | 7 | Mar 29, 2019 |
| Mercer Redstone Mid Cap Growth Fundno longer reported | Other Private Fund | $150M | 1 | Mar 30, 2012 |
| Mercer Global Opportunities Ltd | Other Private Fund | $131M | 24 | Mar 31, 2017 |
| Mercer Global Multi-Asset Fund, LLC | Hedge Fund | $130M | 17 | Mar 30, 2012 |
| Mercer Private Investment Partners III, LP | Private Equity Fund | $129M | 39 | Apr 1, 2013 |
| Mercer Fftc Hedge Fund Investors Ltd | Other Private Fund | $125M | 6 | Mar 29, 2019 |
| Np Altius Private Equity Europe II, LP | Private Equity Fund | $119M | 1 | Mar 29, 2018 |
| Mercer Dynamic Global Equity Fund, LPno longer reported | Hedge Fund | $92.4M | 5 | Mar 30, 2012 |
| Mercer Erisa Hedge Fund Investors Ltdno longer reported | Hedge Fund | $81.1M | 4 | Mar 30, 2012 |
| Np Mercer Private Equity Europe III, LP | Private Equity Fund | $77.3M | 1 | Mar 27, 2020 |
| Mercer Strategic Solutions, LLC - Domestic Equity Seriesno longer reported | Other Private Fund | $77.2M | 18 | Apr 1, 2013 |
| Np Mercer Private Equity Europe IV, LP | Private Equity Fund | $76.5M | 1 | Mar 31, 2022 |
| Mercer Fftc Emerging Markets Equity Investment Portfolio LLC | Hedge Fund | $74.9M | 7 | Mar 29, 2019 |
| Ers Private Equity International Fund I, L.P. | Private Equity Fund | $63.7M | 9 | Mar 30, 2012 |
| Mercer Redstone Large Cap Growth Fundno longer reported | Other Private Fund | $63.5M | 1 | Mar 30, 2012 |
| Summit Strategies Coi Fund I, L.P. | Private Equity Fund | $57.0M | 33 | Mar 28, 2016 |
| Mercer Hedging Strategies Ltd | Hedge Fund | $42.7M | 4 | Mar 31, 2022 |
Owners and control persons
Schedule A and B, latest filing
- Olayinka Olaolu Aganga · Vice President & Chief Investment Officercontrolsince 01/2024 · owns less than 5%
- David Marc Cordover · President & Directorcontrolsince 12/2022 · owns less than 5%
- Michael Stephen Gouthro · Chief Operating Officercontrolsince 03/2019 · owns less than 5%
- Locke Harrington Caroline Hulme · Secretary & Senior Counselcontrolsince 07/2021 · owns less than 5%
- Gerhard Ferdinand Jahnel · Treasurercontrolsince 12/2015 · owns less than 5%
- Marie Raelan Lambert · Director & Global Alternatives Leadercontrolsince 03/2020 · owns less than 5%
- Yoo Tammy Choe · Chief Compliance Officersince 03/2022 · owns less than 5%
Entity owners
- Mercer (US) LLC · Sole Memberdirect · owns 75% or more
- Marsh & Mclennan Companies, Inc. · Shareholderindirect · owns 75% or more of Mercer (US) LLC · public reporting company
Related persons
Schedule D 7.A
- Altius Associates Gp Limitedpooled vehicle sponsorn
- Altius Associates Special Partner Gp Limitedpooled vehicle sponsorn
- Altius Client (Gp) II LLCpooled vehicle sponsory
- Altius Client (Gp) LLCpooled vehicle sponsory
- Altius Client Gp JP, LPpooled vehicle sponsory
- Altius Client JP Limitedpooled vehicle sponsory
- Altius Real Assets (Gp) LLCpooled vehicle sponsory
- Altius Real Assets Management S.A.R.L.pooled vehicle sponsorn
- Gard Fund General Partner S.A.R.L.pooled vehicle sponsorn
- Hapip 2009 Gp, LLCpooled vehicle sponsory
- Hapip Gp, LLCpooled vehicle sponsory
- Kfas Gp S.A.R.L.pooled vehicle sponsorn
- Marley Eternit Fund General Partner S.A.R.L.pooled vehicle sponsorn
- Marsh LLCreal estaten
- Mercer (Canada) LimitedLP sponsorn
- Mercer (Japan) Ltdinvestment advisern
- Mercer (N.Z) Ltdinvestment advisern
- Mercer (US) LLCLP sponsory
- Mercer Alternatives (Luxembourg) S.A.R.L.pooled vehicle sponsorn
- Mercer Alternatives Aginvestment advisern
- Mercer Alternatives Limitedinvestment advisern
- Mercer Consulting (Australia) Pty Ltdinvestment advisern
- Mercer Global Investments Canada Limitedbroker-dealerinvestment adviserpooled vehicle sponsorn
- Mercer Global Investments Europe Limitedinvestment advisern
- Mercer Global Real Estate Select Gp LLCpooled vehicle sponsorn
- Mercer Health & Benefits LLCreal estaten
- Mercer Infrastructure General Partner S.A.R.L.pooled vehicle sponsorn
- Mercer Investment Solutions (Singapore) Pte. Ltd.investment advisern
- Mercer Investments (Australia) Limitedinvestment advisern
- Mercer Investments (Hk) Limitedbroker-dealerinvestment advisern
Advisers that list Mercer Investments LLC as a related person
Offices
Schedule D 1.F, the 25 largest
- St. Louis, MO100 employees
- Chicago, IL78 employees
- New York, NY64 employees
- Atlanta, GA43 employees
- Norwalk, CT25 employees
- Minneapolis, MN24 employees
- Seattle, WA21 employees
- Richmond, VA17 employees
- Denver, CO16 employees
- Rancho Cordova, CA14 employees
- Dallas, TX11 employees
- Los Angeles, CA11 employees
- Washington, DC11 employees
- Philadelphia, PA9 employees
- Tampa, FL9 employees
- Pittsburgh, PA8 employees
- Charlotte, NC7 employees
- Irvine, CA7 employees
- Houston, TX5 employees
- Columbus, OH4 employees
- Portland, OR4 employees
- Salt Lake City, UT4 employees
- Hartford, CT4 employees
- Kansas City, MO4 employees
- Princeton, NJ3 employees
What changed
consecutive filings, newest first
- Accounts · 1,464 to 1,417Jan 15, 2026 to Mar 31, 2026
- Advisory employees · 710 to 662Jan 15, 2026 to Mar 31, 2026
- BD registered reps · 66 to 65Jan 15, 2026 to Mar 31, 2026
- Charity clients · 920 to 1,034Jan 15, 2026 to Mar 31, 2026
- Corporate clients · 155.0 to unsetJan 15, 2026 to Mar 31, 2026
- Pension plan clients · 316 to 312Jan 15, 2026 to Mar 31, 2026
- Assets in custody · $83B to $93BJan 15, 2026 to Mar 31, 2026
- Employees · 771 to 714Jan 15, 2026 to Mar 31, 2026
- Discretionary RAUM · $193B to $220BJan 15, 2026 to Mar 31, 2026
- Non-discretionary RAUM · $9.7B to $5.8BJan 15, 2026 to Mar 31, 2026
- Pension RAUM · $117B to $140BJan 15, 2026 to Mar 31, 2026
- Pooled vehicle RAUM · $8.6B to $9.9BJan 15, 2026 to Mar 31, 2026
- RAUM · $203B to $226BJan 15, 2026 to Mar 31, 2026
- Accounts · 390 to 1,464Jul 15, 2024 to Mar 31, 2025
- Advisory employees · 611 to 710Jul 15, 2024 to Mar 31, 2025
- BD registered reps · 80 to 66Jul 15, 2024 to Mar 31, 2025
- Charity clients · 83 to 920Jul 15, 2024 to Mar 31, 2025
- Corporate clients · unset to 155.0Jul 15, 2024 to Mar 31, 2025
- Pension plan clients · 249 to 316Jul 15, 2024 to Mar 31, 2025
- Pooled vehicle clients · 34 to 35Jul 15, 2024 to Mar 31, 2025
- Assets in custody · $78B to $83BJul 15, 2024 to Mar 31, 2025
- Employees · 657 to 771Jul 15, 2024 to Mar 31, 2025
- Financial planning clients · unset to Jul 15, 2024 to Mar 31, 2025
- Private funds · 39 to 40Jul 15, 2024 to Mar 31, 2025
- Discretionary RAUM · $123B to $193BJul 15, 2024 to Mar 31, 2025
- Non-discretionary RAUM · $6.6B to $9.7BJul 15, 2024 to Mar 31, 2025
- Pension RAUM · $97B to $117BJul 15, 2024 to Mar 31, 2025
- Pooled vehicle RAUM · $7.8B to $8.6BJul 15, 2024 to Mar 31, 2025
- RAUM · $130B to $203BJul 15, 2024 to Mar 31, 2025
- Accounts · 368 to 390Jan 2, 2024 to Mar 28, 2024
- Advisory employees · 603 to 611Jan 2, 2024 to Mar 28, 2024
- BD registered reps · 71 to 80Jan 2, 2024 to Mar 28, 2024
- Pension plan clients · 232 to 249Jan 2, 2024 to Mar 28, 2024
- Assets in custody · $70B to $78BJan 2, 2024 to Mar 28, 2024
- Employees · 674 to 657Jan 2, 2024 to Mar 28, 2024
- Discretionary RAUM · $117B to $123BJan 2, 2024 to Mar 28, 2024
- Non-discretionary RAUM · $5.4B to $6.6BJan 2, 2024 to Mar 28, 2024
- Pension RAUM · $94B to $97BJan 2, 2024 to Mar 28, 2024
- Pooled vehicle RAUM · $7.4B to $7.8BJan 2, 2024 to Mar 28, 2024
- RAUM · $122B to $130BJan 2, 2024 to Mar 28, 2024
Signals
26 dated events
- Mercer Investments Llc reported RAUM $202.6B, up 56% from $129.8B (2024-07-15 to 2025-03-31)Mar 31, 2025 · RAUM change · derived
- Peter Stanley Mavromates (Vice President & Chief Investment Officer, Delegated Solutions) no longer on Schedule A of Mercer Investments Llc (listed 2023-07-24, absent 2024-01-02)Jan 2, 2024 · Control person left · inference
- Olayinka Olaolu Aganga (Vice President & Chief Investment Officer) appeared on Schedule A of Mercer Investments LlcJan 2, 2024 · Control person joined · fact
- Schutte Samantha Davidson (President & Director) no longer on Schedule A of Mercer Investments Llc (listed 2023-04-19, absent 2023-04-28)Apr 28, 2023 · Control person left · inference
- Mercer Investments Llc reported 25 offices beyond its principal office, down from 31 (2023-01-23 to 2023-03-29)Mar 29, 2023 · Office count change · derived
- Langdon Richard Nuzum (President & Director) no longer on Schedule A of Mercer Investments Llc (listed 2022-10-10, absent 2023-01-06)Jan 6, 2023 · Control person left · inference
- Teresa Christine Mahoney (Director) no longer on Schedule A of Mercer Investments Llc (listed 2022-10-10, absent 2023-01-06)Jan 6, 2023 · Control person left · inference
- S Samantha Davidson (President & Director) appeared on Schedule A of Mercer Investments LlcJan 6, 2023 · Control person joined · fact
- David Marc Cordover (Director) appeared on Schedule A of Mercer Investments LlcJan 6, 2023 · Control person joined · fact
- Joan Jennifer Mortimer (Chief Compliance Officer) no longer on Schedule A of Mercer Investments Llc (listed 2021-11-03, absent 2022-03-31)Mar 31, 2022 · Control person left · inference
- James Colin Dean (Secretary & Global Chief Counsel - Investments) no longer on Schedule A of Mercer Investments Llc (listed 2021-03-31, absent 2021-08-12)Aug 12, 2021 · Control person left · inference
- Donoghue Lisa Phelan (Chief Compliance Officer) no longer on Schedule A of Mercer Investments Llc (listed 2021-03-31, absent 2021-08-12)Aug 12, 2021 · Control person left · inference
- Joan Jennifer Mortimer (Chief Compliance Officer) appeared on Schedule A of Mercer Investments LlcAug 12, 2021 · Control person joined · fact
- Caroline Hulme (Secretary & Senior Counsel) appeared on Schedule A of Mercer Investments LlcAug 12, 2021 · Control person joined · fact
- Joan Jennifer Mortimer (Chief Compliance Officer) no longer on Schedule A of Mercer Investments Llc (listed 2020-03-27, absent 2020-05-05)May 5, 2020 · Control person left · inference
- Donoghue Lisa Phelan (Chief Compliance Officer) appeared on Schedule A of Mercer Investments LlcMay 5, 2020 · Control person joined · fact
- Marie Raelan Roscher (Director & Global Alternatives Leader) appeared on Schedule A of Mercer Investments LlcMar 27, 2020 · Control person joined · fact
- Knowlton Donn Iii Cox (Vice President, Director & Chief Investment Officer, Alternatives) no longer on Schedule A of Mercer Investments Llc (listed 2019-12-05, absent 2020-03-27)Mar 27, 2020 · Control person left · inference
- Joan Jennifer Mortimer (Chief Compliance Officer) appeared on Schedule A of Mercer Investments LlcJul 11, 2019 · Control person joined · fact
- E Robert Phay (Chief Compliance Officer) no longer on Schedule A of Mercer Investments Llc (listed 2019-06-12, absent 2019-07-11)Jul 11, 2019 · Control person left · inference
- Mercer Investment Management, Inc. reported succeeding to the business of Another Adviser (Form ADV Item 4)Mar 29, 2019 · Succession (Item 4) · fact
- Michael Stephen Gouthro (Chief Operating Officer) appeared on Schedule A of Mercer Investments LlcMar 29, 2019 · Control person joined · fact
- Knowlton Donn Iii Cox (Vice President, Director & Chief Investment Officer, Alternatives) appeared on Schedule A of Mercer Investments LlcMar 29, 2019 · Control person joined · fact
- Michael Jeremiah France (Chief Operating Officer & Director) no longer on Schedule A of Mercer Investments Llc (listed 2018-12-18, absent 2019-03-29)Mar 29, 2019 · Control person left · inference
- Scott Richard Joseph (Director) no longer on Schedule A of Mercer Investments Llc (listed 2018-12-18, absent 2019-03-29)Mar 29, 2019 · Control person left · inference
- Mercer Investments Llc reported RAUM $78.0B, up 55% from $50.3B (2017-06-28 to 2018-03-30)Mar 30, 2018 · RAUM change · derived
Across DFX
shared identifiers only, never a name match
- Mercer Investments LLC · Independent Sponsorsshared crd · capital_provider
- Mercer Investments LLC · Private Equityshared crd · organization
How to reach
public business contact points only, each with its source
- Website
- mercer.com/en-us/insights/investmentsreportedpublic record, Form ADV, Sep 17, 2026
- Principal office phone
- 617-747-9500reportedpublic record, Form ADV, Aug 11, 2026
Provenance
- Form ADV
- SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
- Advisors
- IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
- Class
- Institutional managerderiveda rule over Items 5.D and 7.A
- RAUM per advisor
- n/aderivedfirm RAUM over the IAPD count; not a book size
- Loaded
- Sep 14, 2026