The wealth management firm Mercer Advisors has selected Orion Advisor Services as its outsourced portfolio accounting partner.

Orion has been employed to deliver a customized back-office service, with a view to increasing collaboration in the future, the firms said.

“[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," said Eric Clarke, president of Orion.

"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 chief executive of Mercer Advisors. "We consider Orion a strategic partner and look forward to utilizing the full breadth of their services."

Orion was founded a decade ago to build a portfolio management platform for its sister company, a fee-only registered investment advisor. The firm now works with around 275 advisors and administrates some $60 billion in assets.