Mercer Global Advisors Inc. continued its recent flurry of acquisition announcements with today’s news that it bought registered investment advisor McGee Wealth Management Inc. for an undisclosed sum.

The deal closed on December 31, and it’s the third RIA purchase that Mercer Global Advisors has announced this past week.

Portland, Ore-based McGee Wealth Management serves about 800 clients with roughly $815 million in assets. The company, which says it brings a family office approach to wealth management, was founded by Judith A. McGee. According to her firm’s website, in 1979 she became one of the first women in the western U.S. to attain the certified financial planner designation, and she has earned accolades from various sources as one of the nation’s top financial advisors.

The firm’s four shareholders include Judith McGee, who is the CEO; her daughter, D Linette Dobbins, who is president and chief compliance officer; Jennifer Currin Gutridge, executive vice president; and Sarah Elise Berry, vice president. All told, the company has 15 staff members.

Prior to its deal with Mercer Global Advisors, McGee Wealth Management operated as a hybrid firn at Raymond James Financial Services with duel licenses with the SEC and Finra, and it custodied all of its assets at Raymond James. Judith McGee said 95% of her firm’s business came from the RIA side.

“When we made the deal with Mercer, we dropped our Finra licenses and went with the SEC registered investment advisor only. So Mercer bought our RIA,” she said.

She added that the deal enables McGee Wealth Management to expand its choice of custodians beyond just Raymond James, and it provides her firm with Mercer’s in-house team of attorneys and CPAs and other family office-related expertise, which fits in with McGee Wealth Management’s existing family office focus.

“We have operated as a family office for many years, and joining a family office is more in line with who we are rather than having dual licenses with Finra and the SEC,” Judith McGee said.

In addition, she said, the deal also enables succession planning that can provide a career track for young staffers at the firm.

“For me personally, my daughter and I have worked together for 32 years, and she said doesn’t plan to work as long as I have,” Judith McGee explained. “She said we need to create a long-term 20-year business plan now to make sure clients and staff have solid continuity for the future.”

She also noted she’s excited about helping to build the Mercer brand within the Pacific Northwest region.

“We don’t see ourselves as handing over our business to someone else,” she said. “We see ourselves as being part of a very important RIA that’s growing and will provide our clients with a really good experience.”

With its most recent acquisition, Denver-based Mercer Global Advisors has more than $25.5 billion in client assets, along with 500 employees in more than 45 offices across the U.S. The company is a privately held entity of Mercer Advisors Inc., which is majority-owned by Oak Hill Capital and Genstar Capital.