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Mercer Global Advisors, a large nationwide RIA that has grown via dozens of acquisitions, announced another deal: the purchase of Kays Financial Advisory, an Atlanta-based wealth management firm.

Founded in 1985 by Scott Kays, the 17-person firm serves about 700 clients. A Form ADV filed in early December lists Kays’ regulatory assets under management as $662.2 million.

Mercer says the acquisition, which closed on Nov. 30, bolsters its presence in Georgia and the Southeast.

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