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Wealth management firm acquired

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PONCA CITY – Denver-based Mercer Global Advisors Inc. has announced its acquisition of Bivin and Associates Inc., a wealth management firm headquartered in Ponca City with assets under management of approximately $130 million.

Bivin’s entire team will be joining Mercer Advisors.

“We are a full-service financial firm committed to helping people pursue their financial goals. We offer financial planning and professional investment management services to individuals and business owners,” company founder Stan Bivin said. “In searching for a new partner to help us grow and add needed scale and leverage, we looked for a partner that shared these values. We found our new home at Mercer Advisors. The fact that we could offload onerous back-office services and add new services like in-house estate planning, tax return preparation, and corporate trustee was a huge plus. We couldn’t be more excited.”

Mercer Advisors Inc. is a parent company of Mercer Global Advisors Inc., majority-owned by both Oak Hill Capital and Genstar Capital, one of the largest Registered Investment Advisors and financial planning firms in the U.S. with more than $38 billion in client assets. Headquartered in Denver, Mercer Advisors is privately held, has more than 670 employees and operates nationally through more than 60 offices.