PE-backed Mercer snatches up wealth managers, as recession fears drive demand

‘It’s awfully hard for those small firms to compete and so they need to join large firms to survive,” said Mercer CEO David Barton.

Source: https://www.pehub.com/pe-backed-mercer-snatches-up-wealth-managers-as-recession-fears-drive-demand-for-their-services/

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