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Fresh off buying No. 9 and No. 10 women-led firms, Dave Welling now has Mercer's AUM up 220% in four years in part by addressing a women 'problem'

Both Genstar and Mercer female staff are singing the CEO's praises after he took a sleepy $10 billion AUM firm to $32-billion AUM, where 40% of client-facing staff and 33% of leaders are women.

Authors Brooke Southall and Holly Payne October 13, 2021 at 1:10 AM
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David Welling says he manages women to a point then 'gets out of the way.'


Related Moves

Media magnet Kimberly Foss sells her RIA to Mercer Global and declares cultural fit 'extemely high,' citing shared DFA ties and a woman's touch

The Empyrion owner will now work under the $48-billion, Denver and Santa Barbara RIA rollup, which keeps finding women in wealth who believe it transcends 'pale, male and stale'

January 11, 2023 at 3:28 AM

Dave Welling's rollup hits $39 billion of AUM and hires a 37- year-old breakaway from BlackRock to turn internal five-click shopping into a 'single conversation'

The Mercer Advisors CEO in Denver now has a 'president' reporting to him from the Big Apple to take on the specific mission of wiring a national RIA, rather than day-to-day operations at a rollup.

October 21, 2022 at 5:48 PM


Mentioned in this article:

Mercer Global Advisors
Advisory Firm
Top Executive: David Barton



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