Mercer Investment Consulting LLC is a large advisory firm based in Chicago. It manages $2.34 billion of regulatory assets for 8 client accounts. It has been registered with the SEC as an adviser since 2016 and has operated in the jurisdictions of Alabama, Alaska, Arizona, and 48 other states.
Mercer Investment Consulting provides portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, pension consulting services, and selection of other advisers. It doesn't provide financial planning services to its clients. On top of advisory services, the firm also engages as financial software.
The assets under management (AUM) of Mercer Investment Consulting LLC is $2.34 billion. The firm's AUM has gone down by -39% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.
The advisory firm has several streams of revenue. Clients pay Mercer Investment Consulting LLC for their services and products based on a percentage of assets under management, hourly charges, subscription fees, and fixed fees. Subscribers pay a regular fee for the advisory firm’s newsletter or periodical. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.
The firm provides services to charitable organizations and pension and profit sharing plans. The largest group of clients of Phillip J De Cristo is charitable organizations with 7 clients and $1.78 billion of assets under management. Among the 5 most similar advisory firms, Mercer Investment Consulting has the highest percentage of charitable organizations out of all clients.
The amount of regulatory assets under management is $2.34 billion for 8 clients. None of the firm’s clients are foreign persons or businesses.
Mercer Investment Consulting doesn't advise any private funds.
The company employs 389 people that are either part- or full-time employees. 82 percent of the employees work as investment advisers or researchers. No employees are registered as investment adviser representatives with the state securities authorities.
There are 5 people with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.
Phillip J De Cristo has been acting as President since 1 Mar 2009. Christine Teresa Mahoney joined the executive team most recently as the Director.
The principal office where Mercer Investment Consulting LLC performs its advisory services is located at 155 North Wacker Drive, Chicago, IL 60606, which is also the mailing address of the firm. An additional office of the firm is in Phoenix, AZ. It doesn’t run an office outside of the United States.
You can reach the main office by calling the phone number (312) 917-9900 or by fax (312) 917-8999. The normal business hours are 9:00 am to 5:00 pm ct on Monday - Friday. You can find more information about the New York firm at mercer.com.