Mercer International Appoints Henry Mercer as CIO to Boost Investment Advisory Expertise

Mercer International Strengthens Industry Expertise with New Leadership Appointment

Pinnacle Associates, Ltd. announces the strategic appointment of Henry Mercer as Chief Investment Officer of Withum Wealth Management, a firm co-founded by Pinnacle to offer personalized investment solutions and comprehensive financial guidance. This move comes as the investment management industry continues to evolve, demanding innovative strategies and experienced leadership. Mercer, who boasts over 45 years of experience in investment management, is expected to leverage his extensive expertise to enhance the firm’s offerings and drive growth. Having previously founded and led Mercer Capital Advisers, Inc. until 2022, he is well-positioned to navigate the complexities of today’s financial landscape.

Mercer's career trajectory showcases a deep commitment to investment management. Beginning in 1979 at Tucker, Anthony, and R.L. Day, he subsequently co-founded Mercer, Bokert, Buckman & Reid, Inc., where he managed its registered investment advisory division. His broad experience in various leadership roles highlights not only his strategic acumen but also his dedication to fostering client relationships and delivering value. As Withum Wealth Management aims to expand its reach and enhance its service offerings, Mercer's proven track record in the industry positions him as a pivotal figure in achieving these objectives.

Scott Brown, President of Pinnacle Associates, emphasizes Mercer’s alignment with the firm’s vision, noting his strategic thinking and commitment to client satisfaction. Mercer shares this enthusiasm, highlighting his admiration for Withum’s growth and his longstanding friendship with Principal Jim Ferrare. This appointment is particularly significant as Pinnacle Associates celebrates its 40th anniversary, marking a milestone that underscores its adaptability and commitment to high-net-worth individuals, families, and institutional investors. With Mercer at the helm of Withum Wealth Management, the firm is poised to navigate future challenges and capitalize on emerging opportunities in the financial advisory sector.

In addition to his professional achievements, Mercer remains connected to his academic roots as a graduate of Monmouth University, where he has served on the Board of Trustees and received an honorary doctorate. His involvement with the university since 2011 reflects his dedication to nurturing the next generation of financial leaders.

As Pinnacle Associates continues to evolve, the appointment of Henry Mercer signifies a strategic move to enhance their investment advisory capabilities and leadership in the ever-competitive financial services industry. The firm's focus on personalized investment solutions is likely to gain momentum under Mercer's guidance, reinforcing its commitment to delivering exceptional value to its clients.