Understanding Mercer Advisors' New Platform
Mercer Advisors is known for offering family office services to families that don't have massive wealth. They manage $62 billion for over 30,000 families. Their new initiative, Aspen Partners, is a step in this direction. It's a private-markets platform that allows clients to invest with low fees and low minimums.
What is a Private-Markets Platform?
A private-markets platform like Aspen Partners provides access to private investments. These are investments not available on public stock exchanges. Examples include private equity, private debt, and infrastructure investments. Typically, such investments require high fees and large capital, but Aspen Partners is changing that.
Why Aspen Partners Stands Out
Daniel Gourvitch, a representative from Mercer Advisors, highlights that Aspen Partners enables clients to build a diversified portfolio of high-quality private managers. Importantly, they do this without the burden of exorbitant fees. This democratizes access to top-quartile investments that were previously only accessible to wealthier investors.
Benefits of Investing Through Aspen Partners
By choosing Aspen Partners, investors can diversify their holdings beyond traditional stocks and bonds. This diversification can potentially enhance returns and reduce risk. The low fees and minimal investment requirements further make it an appealing choice for a broader audience.
Conclusion: A New Era for Family Investments
With Aspen Partners, Mercer Advisors continues its mission to provide sophisticated financial strategies to a wide range of clients, ensuring that more families can access top-tier investment opportunities without the high costs traditionally associated with private markets.
