Mercer Advisors Due Diligence Team Selects Orion Advisor Services as Portfolio Accounting Service Partner

OMAHA, Neb., Jan. 12, 2012 /PRNewswire/ -- Orion Advisor Services, LLC was selected as the outsourced portfolio accounting partner by Mercer Advisors, a total wealth management firm with $3.5 billion in assets under management as of September 2011. The Mercer Advisors due diligence team includes 10 individuals that made on-site visits to a number of portfolio accounting service bureaus, including Orion.

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"We were pleased to host Mercer Advisors' team in our offices to discuss the integrated efficiencies the Orion platform could bring to their firm," said Eric Clarke, President of Orion. "The more we talked, the greater the opportunities became for our firms to work together. Collectively, our firms share a common vision of having an integrated technology platform to leverage the Salesforce.com CRM as a single user interface to power the entire advisory firm."

The synergy of the partnership will lead to a truly customized back office solution that supports Mercer Advisors' continued business growth and development.  The partnership further supports future expanded collaboration between the two firms.

"Orion's integration of the essential operational functions onto a single platform will provide us with the efficiency we need to foster continued success," said David Barton, President and CEO, Mercer Advisors. "We consider Orion a strategic partner and look forward to utilizing the full breadth of their services."

To request more information or to speak with Orion or Mercer Advisors executives, please contact Dana Taormina at 973-850-7305 or [email protected].

About Orion Advisor Services, LLC
Orion Advisor Services, LLC, is the premier portfolio accounting service provider founded by and for investment advisors. Orion's mission is to liberate advisors from their back offices so they can enjoy the client relationship side of their business again. Process-driven solutions bring efficiencies to operational areas including new account set up, trading, reconciliation, fee billing, and client communications. Orion services feature the integration, scale, and customization advisors need to support business growth.

Founded over a decade ago, Orion was formed to address the technology needs of its sister company, a fee-only independent registered investment advisor whose growth was constrained by its existing portfolio management platform. Unable to find the right solution, Orion built its own. Today, the firm empowers 275+ advisors and administrates over $60 billion in assets for more than 500,000 accounts. For more information about Orion Advisor Services, LLC, visit www.orionadvisor.com.

About Mercer Advisors
Established in 1985, Mercer Advisors Inc. is a total wealth management firm that provides comprehensive financial planning and investment management, as well as other financial services including proactive tax planning, insurance, retirement plan design and administration, to affluent individuals. Mercer Advisors is the parent company of Mercer Global Advisors, one of the largest Registered Investment Advisors and financial planning firms in the U.S. with over $3.5 billion in assets under management and more than 3,300 clients. Mercer Advisors is privately held, has over 150 employees and operates nationally with 12 branch offices across the country; For more information about Mercer Advisors, visit www.merceradvisors.com.

SOURCE Orion Advisor Services