Quest serves approximately 660 clients with assets under management (AUM) of approximately USD1.5 billion. Quest was founded in 1987 and is managed by its six shareholders Kalita Blessing, CFP, CAP, AEP, CSRIC, President, Dennis Moore, CFP, MBA, Chief Operating Officer, Robert Cox, CFP, CDFA, Wealth Advisor, Chandler Ferguson, CFP, CIMA, Wealth Advisor, Carl Kunhardt, CFP, CIMA, AEP, Wealth Advisor, and Chris Young, CFP, CPWA, AEP. Quest offers comprehensive wealth management services to high-net-worth individuals, families, and their businesses. Quest’s shareholders and seventeen staff members will all be joining the Mercer Advisors’ team.
Blessing says: “We are very proud of the firm we have built and remain dedicated to serving our clients with excellence. As a fiduciary to our clients, we have an obligation to ensure their needs are met for generations to come. With that in mind, we needed to consider partnering with a national firm that could deliver on that promise beyond our lifetimes. My partners and I have no intention of exiting our practices anytime soon but solving for succession sooner rather than later brings immediate benefits to our clients by accessing Mercer Advisors’ in-house family office services such as estate planning and tax return preparation. This merger will also provide career development opportunities for our staff beyond what we could offer and that is most important to us.”
Moore, Chief Operating Officer, adds: “We were keen to expand our service offering, and add real horsepower to our middle and back-office resources to create scaled efficiency. Dave Barton, Mercer Advisors Vice Chairman, whom we worked with to complete this business combination, communicated this strong value proposition early and often, and the Quest partners agreed it was best for Quest, our loyal clients, and our staff.”
David Barton, Vice Chairman, adds: “Kalita, Dennis, Chris, Rob, Chandler, and Carl, have built an incredible business with a strong brand in Texas. They represent the very definition of trust, dependability, and exceptionalism. We are proud to partner with them and increase our already strong presence in Dallas, Houston, and Austin. We make each other better.”
Dave Welling, Chief Executive Officer of Mercer Advisors, says: “The Quest leadership group have assembled a strong team and are highly respected in our industry. Their involvement and contributions to their community and local philanthropic organisations demonstrate their strong character. This is the type of talent we seek to add to our team and we look forward to expanding on the services to help better serve the current and future Quest clients.”