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 Investment Solutions LLC

Other adviserNew York, New YorkCRD 155919SEC 801-72076websiteIAPD
Latest filing Jun 12, 2026
First filing on the tape Nov 7, 2011 · 34 filings
SEC status approved since Jan 11, 2011
RAUM
$2.2B
reported, Item 5.F
Discretionary
99%
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
38
21 advisory (5.B.1)
Offices
0
beyond the principal office
Private funds
0
reported on Schedule D
History
34 filings and snapshots on the tape
RAUM$2.2B as of Jun 12, 2026
Mar 30, 2012$2.1B then
HNW client RAUM: no history
State-registered IARs (5.B.3)0 as of Jun 12, 2026
Mar 30, 20120 then
Employees (5.A)38 as of Jun 12, 2026
Mar 26, 201334 then
Private funds1 as of Mar 29, 2019
Mar 29, 20181 then
RAUM -0.0% over the last fiscal year-11% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jun 12, 2026; every figure names its basis
Archetypes, each a printed rule
  • 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
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
$197MderivedRAUM over accounts (5.F.2.f)
Discretionary
99%derivedof RAUM
Institutional
62%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived1 offices incl. principal (1.F.5)
RAUM growth, one year
-0.0%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, fixed fees, performance-based, otherreportedItem 5.E
Advisory activities
portfolio management for businesses and institutions, portfolio management for pooled vehicles, selection of other advisersreportedItem 5.G
Custody
$704M, 2 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)
  • an independent public accountant performs a surprise examination (9.C.1)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pension and profit-sharing plans$1.3B61%
  • Pooled investment vehicles$833M38%
  • Charitable organizations$14.7M0.7%
Individual clients
n/areported
HNW clients
n/areported
Pension plan clients
8reported
Charitable clients
1reported
Accounts
11reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$704M for 2 clientsreported
Compensation
% of AUM, fixed, performancereported
Class basis
private_client_share=0.0 fund_share=0.38 institutional_share=0.62 related_bd=false related_bank=true bd_reps=0.0derived
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
      1 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Secor Mazu Master Fund, Ltd.no longer reportedHedge Fund$3.1M18Sep 29, 2017
      Owners and control persons
      Schedule A and B, latest filing
      • Dawn Drakeford · Director Of Financecontrol
        since 01/2023 · owns less than 5%
      • Matt Gillis · Head Of Infrastructurecontrol
        since 03/2023 · owns less than 5%
      • Leigh Pattie Hand · Chief Compliance Officercontrol
        since 12/2015 · owns less than 5%
      • Tony Duen-Li Kao · Chief Executive Officer/Chief Investment Officercontrol
        since 08/2010 · owns less than 5%
      • Joseph Raymond Iwanowski · Non-Managing Membercontrol
        since 01/2022 · owns 50% to 75% of Secor Partners, LLC
      • Tony Duen-Li Kao · Managing Member And Chief Executive Officercontrol
        since 08/2010 · owns 50% to 75% of Secor Partners, LLC
      • Tony Duen-Li Kao · Limited Partnercontrol
        since 08/2010 · owns 50% to 75% of Secor Asset Management, LP
      Entity owners
      • Secor Asset Management, LP · Limited Partner
        direct · owns 75% or more
      • Secor Partners III, LLC · General Partner
        direct · owns less than 5%
      • Secor Partners, LLC · General Partner
        indirect · owns F of Secor Asset Management, LP
      Related persons
      Schedule D 7.A
      Advisers that list Mercer Investment Solutions LLC as a related person
      Offices
      Schedule D 1.F, the 25 largest
      No branch office listed.
      What changed
      consecutive filings, newest first
      • Business name · SECOR INVESTMENT MANAGEMENT, LP to MERCER INVESTMENT SOLUTIONS LLC
        Mar 30, 2026 to Jun 12, 2026
      • Legal name · SECOR INVESTMENT MANAGEMENT, LP to MERCER INVESTMENT SOLUTIONS LLC
        Mar 30, 2026 to Jun 12, 2026
      • Organization form · Limited Partnership to Limited Liability Company
        Mar 30, 2026 to Jun 12, 2026
      • Succession · false to true
        Mar 30, 2026 to Jun 12, 2026
      • Accounts · 15 to 11
        Jun 30, 2025 to Mar 30, 2026
      • Advisory employees · 17 to 21
        Jun 30, 2025 to Mar 30, 2026
      • Pension plan clients · 11 to 8
        Jun 30, 2025 to Mar 30, 2026
      • Employees · 33 to 38
        Jun 30, 2025 to Mar 30, 2026
      • Discretionary RAUM · $2.2B to $2.2B
        Jun 30, 2025 to Mar 30, 2026
      • Non-discretionary RAUM · $11.8M to $11.7M
        Jun 30, 2025 to Mar 30, 2026
      • Pension RAUM · $1.5B to $1.3B
        Jun 30, 2025 to Mar 30, 2026
      • Pooled vehicle RAUM · $704M to $833M
        Jun 30, 2025 to Mar 30, 2026
      • RAUM · $2.2B to $2.2B
        Jun 30, 2025 to Mar 30, 2026
      • Financial planning clients · unset to
        Mar 24, 2025 to Jun 30, 2025
      • Accounts · 9 to 15
        Mar 25, 2024 to Mar 24, 2025
      • Charity clients · unset to 1.0
        Mar 25, 2024 to Mar 24, 2025
      • Pension plan clients · 6 to 11
        Mar 25, 2024 to Mar 24, 2025
      • Assets in custody · $722M to $704M
        Mar 25, 2024 to Mar 24, 2025
      • Discretionary RAUM · $2.1B to $2.2B
        Mar 25, 2024 to Mar 24, 2025
      • Non-discretionary RAUM · $10.3M to $11.8M
        Mar 25, 2024 to Mar 24, 2025
      • Pension RAUM · $1.3B to $1.5B
        Mar 25, 2024 to Mar 24, 2025
      • Pooled vehicle RAUM · $722M to $704M
        Mar 25, 2024 to Mar 24, 2025
      • RAUM · $2.1B to $2.2B
        Mar 25, 2024 to Mar 24, 2025
      • Accounts · 5 to 9
        Mar 30, 2023 to Mar 25, 2024
      • Pension plan clients · 2 to 6
        Mar 30, 2023 to Mar 25, 2024
      • Assets in custody · $877M to $722M
        Mar 30, 2023 to Mar 25, 2024
      • Employees · 32 to 33
        Mar 30, 2023 to Mar 25, 2024
      • Discretionary RAUM · $3.0B to $2.1B
        Mar 30, 2023 to Mar 25, 2024
      • Non-discretionary RAUM · $66.1M to $10.3M
        Mar 30, 2023 to Mar 25, 2024
      • Pension RAUM · $2.1B to $1.3B
        Mar 30, 2023 to Mar 25, 2024
      • Pooled vehicle RAUM · $877M to $722M
        Mar 30, 2023 to Mar 25, 2024
      • RAUM · $3.1B to $2.1B
        Mar 30, 2023 to Mar 25, 2024
      • Accounts · 7 to 5
        Jan 24, 2023 to Mar 30, 2023
      • Pension plan clients · 5 to 2
        Jan 24, 2023 to Mar 30, 2023
      • Assets in custody · $902M to $877M
        Jan 24, 2023 to Mar 30, 2023
      • Employees · 29 to 32
        Jan 24, 2023 to Mar 30, 2023
      • Discretionary RAUM · $1.5B to $3.0B
        Jan 24, 2023 to Mar 30, 2023
      • Non-discretionary RAUM · $0 to $66.1M
        Jan 24, 2023 to Mar 30, 2023
      • Pension RAUM · $648M to $2.1B
        Jan 24, 2023 to Mar 30, 2023
      • Pooled vehicle RAUM · $902M to $877M
        Jan 24, 2023 to Mar 30, 2023
      Signals
      8 dated events
      • Mercer Investment Solutions Llc reported succeeding to the business of Secor Investment Management, Lp (Form ADV Item 4)
        Jun 12, 2026 · Succession (Item 4) · fact
      • Mercer Investment Solutions Llc reported RAUM $2.1B, down 33% from $3.1B (2023-03-30 to 2024-03-25)
        Mar 25, 2024 · RAUM change · derived
      • Matt Gillis (Head Of Infrastructure) appeared on Schedule A of Mercer Investment Solutions Llc
        Mar 25, 2024 · Control person joined · fact
      • Dawn Drakeford (Director Of Finance) appeared on Schedule A of Mercer Investment Solutions Llc
        Mar 25, 2024 · Control person joined · fact
      • Mercer Investment Solutions Llc reported RAUM $3.1B, up 98% from $1.5B (2023-01-24 to 2023-03-30)
        Mar 30, 2023 · RAUM change · derived
      • Pinar Saide Ilgar (Chief Financial Officer) no longer on Schedule A of Mercer Investment Solutions Llc (listed 2022-04-29, absent 2023-01-24)
        Jan 24, 2023 · Control person left · inference
      • Mercer Investment Solutions Llc reported RAUM $984.0M, down 29% from $1.4B (2018-03-29 to 2019-03-29)
        Mar 29, 2019 · RAUM change · derived
      • Mercer Investment Solutions Llc reported RAUM $1.4B, down 95% from $26.1B (2017-09-29 to 2018-03-29)
        Mar 29, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      No identifier-backed link to the venture, private equity, family office or sponsor graphs.
      How to reach
      public business contact points only, each with its source
      Firm profile
      LINKEDIN.COM/COMPANY/SECOR-ASSET-MANAGEMENTreportedpublic record, Form ADV, Sep 17, 2026
      Website
      SECOR-AM.COMreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      (212) 345-7000reportedpublic record, Form ADV, Jun 12, 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
      Other adviserderiveda 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