Mercer Completes Acquisition of Investment and Alternatives Consulting, and Wealth Management Operations of Pavilion Financial Corporation
Marsh & McLennan Companies, Inc. (MMC)
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Source: Business Wire
Deal expected to give consultants and clients access to broader, deeper global research and specialist resources NEW YORK--(BUSINESS WIRE)-- Mercer, a global consulting leader in advancing health, wealth and career, announced that it completed its acquisition of the investment consulting, alternatives consulting and wealth management operations of Pavilion Financial Corporation (“Pavilion”) effective November 30, 2018. “Pavilion’s strength in the healthcare, insurance and endowment and foundation segments, coupled with Mercer’s global intellectual capital, will support the delivery of customized, holistic solutions to our clients. We look forward to integrating Pavilion’s not-for-profit consulting capabilities and its specialized alternatives advisory platform with our current client offerings,” said Rich Nuzum, President of Mercer’s global wealth business. “Our priority and focus through the
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News
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- Marsh & McLennan Companies, Inc. (NYSE: MMC) had its price target raised by analysts at TD Cowen from $189.00 to $201.00. They now have a "hold" rating on the stock.MarketBeat
- Marsh & McLennan Companies, Inc. (NYSE: MMC) had its price target raised by analysts at UBS Group AG from $236.00 to $238.00. They now have a "buy" rating on the stock.MarketBeat
- Marsh & McLennan Companies, Inc. (NYSE: MMC) had its price target raised by analysts at Royal Bank of Canada from $208.00 to $210.00. They now have a "sector perform" rating on the stock.MarketBeat
MMC
Earnings
- 4/18/24 - Beat
MMC
Sec Filings
- 4/18/24 - Form 10-Q
- 4/18/24 - Form 8-K
- 4/3/24 - Form 4
- MMC's page on the SEC website