Mercer Global Advisors has added a Chicago-based wealth manager with $140 million in assets under management to its team, according to a company release.

CCP Inc., which serves approximately 100 households, was founded in 1985. In 2009, Steve Roberts became owner, president and chief compliance officer. Roberts, along with advisor Carin Pankros Roman and other staff, will join Mercer Advisors' team in an existing office in Chicago. 

Roberts said he was looking for a partner that could help the firm to better serve clients and provide additional resources. He said he was convinced Mercer was the right choice after meeting with Dave Barton, Mercer Advisors' vice chairman in charge of mergers and acquisitions. “We couldn't be happier,” he said.

This acquisition is the fourth in the last few weeks for the Denver-based wealth management firm. It added SD Financial Pathways of Dearborn, Mich., in mid-December. Houston-based Republic Wealth Advisors came on board two weeks prior with $230 million in AUM, and before that, Mercer added Adam Financial Associate with $190 million in AUM, expanding its Florida presence with offices in Clearwater, Palm Beach Gardens and Boca Raton.

Established in 1985, Mercer Advisors is a parent company of Mercer Global Advisors Inc., an RIA majority owned by Oak Hill Capital and Genstar Capital. It’s one of the largest RIAs and financial planning firms in the U.S. with more than $18 billion in client assets.