Mercer International Advisors, one of many largest and fastest-growing registered funding advisors within the nation with $63 billion in consumer belongings, 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 associate improvement.
At Mercer, Hioe shall be liable for aligning the expertise technique with the RIA’s human assets applications. She additionally joins Mercer’s govt management workforce.
Most not too long ago, Hioe served as chief administrative officer and chief human assets officer at Normal Industries, the dad or mum firm of numerous industrial producers. Previous to that, she was a associate at McKinsey & Firm within the firm’s group observe.
Mercer has tripled its workforce over the past 5 years to over 1,150 staff. The agency has formal applications aimed toward encouraging a various workforce. For instance, by means of InvestHERs, the agency’s girls’s initiative, Mercer has elevated the variety of feminine executives, doubled the variety of girls on the senior management workforce and elevated the variety of its board. Ladies now maintain practically 50% of client-facing roles on the agency.
In Could, Mercer introduced Lellis would develop into principal of M&A associate 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 associate improvement and integration groups. These executives are all tasked with bolstering the agency’s inorganic progress methods.
