Mercer International Advisors, one of many largest and fastest-growing registered funding advisors within the nation with $63 billion in consumer property, has employed Elizabeth Hioe as its new chief individuals officer. She replaces Martine Lellis, Mercer’s former chief expertise officer, who was promoted in Could to principal of M&A accomplice improvement.
At Mercer, Hioe will likely be liable for aligning the expertise technique with the RIA’s human sources packages. She additionally joins Mercer’s govt management workforce.
Most just lately, Hioe served as chief administrative officer and chief human sources officer at Customary Industries, the mum or dad firm of a lot of industrial producers. Previous to that, she was a accomplice at McKinsey & Firm within the firm’s group follow.
Mercer has tripled its workforce over the past 5 years to over 1,150 workers. The agency has formal packages aimed toward encouraging a various workforce. For instance, via InvestHERs, the agency’s ladies’s initiative, Mercer has elevated the variety of feminine executives, doubled the variety of ladies on the senior management workforce and elevated the variety of its board. Girls now maintain almost 50% of client-facing roles on the agency.
In Could, Mercer introduced Lellis would turn out to be principal of M&A accomplice improvement. The brand new place was created out of a have to deal with the agency’s rising pipeline of RIA acquisition targets. The agency has accomplished over 85 transactions since 2016.
That transfer adopted Mercer’s announcement in February that it employed 5 new executives to fill out its M&A accomplice improvement and integration groups. These executives are all tasked with bolstering the agency’s inorganic progress methods.
