Mariner Wealth Advisors says it’s shopping for two corporations with $104 billion in whole property beneath advisement and 100 professionals who serve institutional purchasers: AndCo Consulting of Winter Park, Florida, and Fourth Avenue Efficiency Companions of Covington, Kentucky.
Because of these acquisitions, Mariner — which says its advisors at the moment work with $122 billion in AUA — will practically double its asset degree and is about to kind a brand new division targeted on institutional buyers.
“The complementary nature of our purchasers and providers will help our joint progress and provide current purchasers and prospects extra providers that may assist improve the general shopper final result,” stated Mariner CEO and President Marty Bicknell, in a press release.
“Mariner, AndCo and Fourth Avenue share an goal and client-first strategy, a concentrate on affiliate improvement and unyielding help for our communities. This results in a robust cultural alignment and nice alternatives forward,” Bicknell defined.
See: Mariner Recruited Double Agent to Poach Clients, Lawsuit Claims
