Mercer International's Henry Mercer Joins Withum Wealth Management as Chief Investment Officer

Mercer International Welcomes New Leadership in Investment Advisory

In a significant development within the investment advisory sector, Pinnacle Associates, Ltd. announces the appointment of Henry Mercer as the Chief Investment Officer of Withum Wealth Management. This firm, co-founded by Pinnacle Associates, aims to deliver personalized investment solutions and comprehensive financial guidance to its clientele. Mercer's extensive career spans over 45 years, reflecting a deep understanding of investment management that is critical for Withum's growth and client service initiatives. His previous role as President of Mercer Capital Advisers, Inc., a firm he founded in 1999, showcases his entrepreneurial spirit and leadership capabilities. His return from retirement to take on this pivotal role highlights his commitment to the industry and the potential impact he can have on Withum’s strategic direction.

Mercer’s career trajectory began in 1979 with Tucker, Anthony, and R.L. Day, where he honed his skills in investment management. He later became the President and Founding Partner of Mercer, Bokert, Buckman & Reid, Inc., where he successfully managed its registered investment advisory division. His academic credentials, including a degree from Monmouth University and his involvement as a Board of Trustees member, further enhance his profile. Having served as Chairman of the board from 2014 to 2017 and receiving an honorary doctorate in 2017, Mercer maintains a strong affiliation with the institution, reflecting his values of education and community engagement. Scott Brown, President of Pinnacle Associates, underscores Mercer’s strategic thinking and dedication to client satisfaction, which align seamlessly with the firm's objectives.

As Withum Wealth Management looks to expand its reach and enhance its service offerings, Mercer's insights and leadership are expected to play a crucial role in navigating the complexities of the investment landscape. His longstanding friendship with Withum Principal Jim Ferrare and admiration for the firm’s trajectory further position him as a vital asset in fostering a collaborative culture. The combination of Mercer's vast experience and the firm’s innovative approach to wealth management signifies a promising future for Withum as it celebrates its evolution in the financial advisory industry.

Pinnacle Associates, founded in 1984, marks its 40th anniversary this year, emphasizing its longstanding presence in the investment advisory space. The firm caters to high-net-worth individuals, families, institutional investors, and other financial entities, showcasing its commitment to providing tailored financial solutions. Mercer's arrival signifies a renewed focus on strategic growth and client-centered service, crucial components in an ever-evolving market landscape.