Mercer boosts wealth management capability

3 August 2011
| By Tim Stewart |
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Mercer has consolidated its position in the retail space with the appointment of Cara Williams as global head of wealth management consulting.

Williams, who is based in London, has been the global chief operating officer of Mercer’s Investment Consulting business for the last six years.

Before joining Mercer, Williams worked in business development and client management roles at Merrill Lynch and CDC Investment Management Corp.

The appointment comes at the same time as the announcement that Risk and Investment Advisors Australia (RIAA) and Lifespan Financial Planning have both chosen Mercer’s wealth management consulting team to support their high-net-wealth client propositions.

Mercer’s head of wealth consulting in Australia and New Zealand, Brian Long, pointed to the key role the company’s wealth management consulting service offering was playing in Mercer’s investment business in Australia and New Zealand.

"We are in a unique position to provide clients with expertise across the globe, drawing on an array of resources to help us understand how both local and international funds operate and perform,” Long said.

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