Mercer Advisors Unveils Second Generation of Aspen, its AI-Enabled Platform for Fiduciary Family Offices

Aspen platform has been powering Mercer Advisors’ client service for 24 months, anchoring its internal record-setting organic and inorganic growth

DENVER--(BUSINESS WIRE)--Mercer Advisors, Inc. (“Mercer Advisors”), a national wealth management and financial planning firm, today unveils the second generation of Aspen, its proprietary, artificial intelligence (AI)-enabled ecosystem that powers its full-spectrum family office offering. Developed over the past three years by the technology team at Mercer Advisors, the firm has now rolled out its second AI-enhanced version of the platform. Aspen 2.0 is now deployed across the firm’s more than 1,100 interdisciplinary wealth professionals. Built to address one of the most persistent industry challenges—fragmented data and technology that hinders collaborative service delivery—Aspen creates a single, unified environment that allows advisory teams to work together to deliver the full power of the Mercer Advisors platform to clients.

Mercer Advisors built Aspen as a family office platform, to support its advisory teams in local markets in delivering its comprehensive offering and orchestrate its deep bench of interdisciplinary professionals. As wealth firms add services for their clients (planning, investing, tax, estate, insurance, financial administration, and more) it becomes increasingly important to provide team members with a real-time view of each client and a shared environment for client service. Unlike many advisor systems that simply display data, Aspen maps the relationships between the firm’s clients, team members, and the services being provided. It forms a unified knowledge graph that connects client data, acts as a system of record for the work that is being done and integrates directly into specialist systems in each advisory domain. Because of its unique architecture, Aspen allows Mercer Advisors to deploy AI tools within workflows, directly alongside team members, in a supervised manner.

The platform’s name reflects its design and philosophy. In nature, what appears to be a forest of Aspen trees is often a single living organism, connected by an extensive underground root system. In the same way, Aspen connects data, workflows, and communication across Mercer Advisors into a single platform, allowing individual advisors and teams to operate as local boutiques while remaining deeply connected to a shared source of intelligence and capability.

“Our ultimate aspiration is to deliver the highest standard of financial care to families and create the context where leading fiduciary professionals can do the best work of their careers,” said Daniel Gourvitch, President of Mercer Advisors. “For families, Aspen allows us to deliver the full capabilities of a $110B+ family office through each of 450 advisors. For our teams, it is the engine that simplifies the coordination and execution of work, so they can spend more time with clients while also doing more for them. And at the firm level, Aspen supports consistent delivery, rapid innovation, and the integration of innovative technology partners directly into advisory workflows. Aspen represents the future of wealth management, where AI, automation, and personalization converge to support fiduciary advisors in delivering institutional-grade outcomes to individual families.”

Aspen features integrations with industry-leading technology providers Orion, Box, eMoney, Estately by FreeWill, Pontera, Salentica, Salesforce, Zoom, and Microsoft—as well as multi-custody integrations with Charles Schwab, Fidelity Investments, Raymond James Financial, Goldman Sachs and others.

“Orion is excited and proud to collaborate with Mercer Advisors as an Aspen integration partner,” said Reed Colley, President of Orion Advisor Technology. “As an AI-native company, we are building solutions that make advisors more human, not less. Aspen delivers a true, AI-enabled family office experience by connecting teams, data, and client goals into one coordinated platform that helps set a new standard for how advice is delivered at scale.”

“AI is fundamentally changing the way work gets done, and agents will define this next era by understanding context and actively participating in complex workflows,” said Aaron Levie, Co-Founder and CEO of Box. “Aspen is helping to set the pace for what agentic AI looks like in the real world, bringing intelligence directly into the day-to-day work of advisors in a secure, compliant way. We’re excited to collaborate with Mercer Advisors to demonstrate how organizations can use AI to scale expertise, surface insights faster, and help deliver better outcomes without losing the human element that matters most.”

Serving as Mercer Advisors' primary system for its wealth management teams, Aspen powers hundreds of thousands of discrete actions each year for its 42,000+ clients. Each of Mercer Advisors’ services is powered by Aspen—from core advisory work like building financial plans, managing portfolios, and preparing tax returns to daily distributions and contributions. And by embedding documents, email, meetings, and other communications, it provides shared context across every interaction—and connects them to the related work. This positions the firm’s advisors, specialists, and client services professionals to collaborate more effectively and allows them to deliver stronger insights and recommendations.

“Aspen is a testament to our belief in working as one team for the benefit of every client. At its core, Aspen orchestrates the collective intelligence and capabilities of our planning, investing, tax, and estate professionals in delivering a cohesive family office experience,” added Dave Welling, Chief Executive Officer of Mercer Advisors. “Aspen is the result of focused execution and innovation from our technology team, led by Chief Technology Officer Christine Cataldo and our technology partners, including Avantos, who have worked together to create a platform that strengthens how we serve clients today and positions Mercer Advisors for continued growth and innovation in the years ahead.”

Founded by longtime fintech entrepreneurs, Avantos is an AI-native operating system that provides financial services firms with a platform to systemize and institutionalize client data and servicing at scale. Supported by a team of 50+ AI engineers, the company is backed by leading venture firms, Mercer Advisors and strategic partners including Vanguard, The Guardian Life Insurance Company of America® and SEI®.

As Mercer Advisors continues to establish itself as the destination of choice for like-minded advisory firms, Aspen also plays a critical role in accelerating post-acquisition integration and preserving service quality at scale. The platform helps reduce operational friction by bringing newly acquired teams onto a single, unified system, streamlining onboarding, simplifying training, and enabling more consistent workflows across the firm. By quickly connecting advisors, specialists, and client data to the same shared foundation, Aspen helps provide continuity for clients while allowing new teams to integrate faster and contribute more effectively from day one.

About Mercer Advisors

Mercer Global Advisors, Inc. was named the #1 ranked RIA firm in the nation for two years in a row according to Barron’s 2025 and 2024 Top 100 Registered Investment Advisor Firms. It is also distinguished as the Best Overall Financial Advisory Firm for High-Net-Worth Individuals 2026 by The Wall Street Journal Buy Side. Founded in 1985, Mercer Advisors has been trusted to help families amplify and simplify their financial lives. The company offers comprehensive, fee-based family office services, including financial planning, estate and tax planning, insurance solutions, and corporate trustee and trust administration services. Mercer Advisors is majority owned by Oak Hill Capital, Genstar Capital, and Altas Partners. Mercer Global Advisors Inc. is headquartered in Denver, Colorado, is privately held, has 1,620+ employees, and operates nationally through more than 120 locations. Mercer Global Advisors has $110 billion in client assets. For more information, visit merceradvisors.com and partnerwithus.merceradvisors.com/.

Important Information

Company statistics as of May 31, 2026. Client assets refers to client assets under management (AUM) and client assets under advisement (AUA) as well as assets gained from recent acquisitions where the advisory agreements have been properly assigned to Mercer Global Advisors, but the custodial accounts have yet to be transferred and/or the accounts have yet to be migrated to Mercer Global Advisors’ portfolio management system.

“Mercer Advisors” is a brand name used by several affiliated legal entities owned by Mercer Advisors, Inc., including, Mercer Global Advisors, Inc., an SEC registered investment adviser providing investment advisory and family office services; Mercer Advisors Private Asset Management, Inc., an SEC registered investment adviser providing discretionary investment management services to affiliated private funds; Mercer Advisors Tax Services LLC, a tax services and accounting firm; Heim, Young and Associates, Inc., (MA Brokerage Solutions) a broker/dealer, member FINRA/SIPC; and Mercer Advisors Insurance Services LLC, (MAIS) an insurance agency.

Mercer Advisors is not a law firm and does not provide legal advice to clients. All Estate planning document preparation and other legal advice are provided through select third parties, with which Mercer Advisors has a contractual relationship. Mercer Advisors Tax Services, LLC, does not provide financial audit, assurance, compilations, or forensic accounting services. Each individual tax situation is unique, depending on complexity, additional fees may apply. Insurance products are provided by Mercer Advisors Insurance Services, LLC (MAIS), which places individual life, disability, long term care coverage, and property and casualty coverage through select insurance companies. Trustee services are offered through select third parties with which a client would sign an additional agreement, and additional fees may apply.

2025 and 2024 - Barron’s Top 100 RIA methodology

Mercer Global Advisors, Inc. was ranked #1 for non-mega RIA firms. Advisers who wish to be ranked fill out a 100+ question survey about their practice. Barron's verifies that data with regulatory databases and then Barron's applies their rankings formula to the data to generate a ranking. The formula features three major categories of calculations: (1) Assets (2) Revenue (3) Quality of practice. In each of those categories Barron's does multiple sub calculations including asset type, growth, client retention, technology spending, succession planning, diversity of their teams, charitable and philanthropic work and compliance records. No fee was paid for participation in the ranking, however, Mercer Advisors has paid a fee to Barron's to use the ranking in marketing.

2026 Wall Street Journal Buy Side – Best Overall Firm for High-Net-Worth Investors

Buy Side analyzed some of the largest and best-known independent registered investment adviser (RIA) firms and scored those firms based on their fees, advisor credentials, customer support, available services, portfolio construction and account minimum. These factors were weighted based on WSJ reader surveys regarding what they considered most important when choosing an advisor. Prioritized, were firms that have a client base of 50% or more HNWIs according to their most recent Form ADV filing. To be considered a top financial advisor for high-net-worth individuals, a firm has to offer comprehensive wealth management services. Firms were rated on a scale of 1 to 5 stars using a weighted scoring model out of 100 possible points. A 5-star rating represents top performance relative to the field, rather than a requirement to achieve a theoretical perfect score of 100.

Please Note: Limitations. Neither rankings and/or recognitions by unaffiliated rating services, publications, media, or other organizations, nor the achievement of any professional designation, certification, degree, or license, membership in any professional organization, or any amount of prior experience or success, should be construed by a client or prospective client as a guarantee that they will experience a certain level of results if Mercer Advisors or its investment professionals are engaged, or continues to be engaged, to provide investment advisory services. A fee was not paid by either Mercer Advisors or its investment professionals to receive the award or ranking. The award or ranking is based upon specific criteria and methodology. No ranking or recognition should be construed as an endorsement by any past or current client of Mercer Advisors or its investment professionals.