Mariner Wealth Advisors Expands with CBIZ Acquisition

Jan 4 2011 | 7:52am ET

Mariner Wealth Advisors, an independent investment advisor with about $8 billion under management, has acquired the CBIZ Wealth Management (formerly associated with CBIZ Inc.) adding 24 consultants in seven U.S. cities to its wealth advisor team.
 
The CBIZ consultants are located in Cumberland (MD), Denver, Kansas City, Los Angeles, New York, Philadelphia and San Diego. They joined Mariner effective January 1st, bringing Mariner’s total staff to 270. Terms of the transaction were not announced, but each of the CBIZ individual wealth management group's offices is expected to remain open and be rebranded under the Mariner name within a year.
 
Mariner Wealth Advisors CEO Martin C. Bicknell said, "We believe there is great potential for our organizations to benefit from our respective skill sets. Our excellence as wealth advisors complements this group's excellence in business services, products and solutions in accounting, employee benefits, insurance and retirement planning."

Mariner specializes in multi-generational wealth planning, private equity and real estate opportunities, asset management, risk management and family office management.
 
CBIZ, Inc., based in Cleveland, Ohio, provides professional business services and financial services including accounting and tax, internal audit, merger and acquisition advisory and valuation services. 


In Depth

'Smart Beta' Funds In Regulators' Sights, Hedgies May Be Next

Mar 26 2015 | 11:11am ET

Funds that mimic strategies used by active managers for a fraction of the cost could...

Lifestyle

Study: Both Marriage and Divorce Lead to Negative Hedge Fund Performance

Mar 25 2015 | 6:51pm ET

Trouble at home leads to trouble in the market for fund managers, according to researchers...

Guest Contributor

The Life Settlement: Yield For The Investor And Cash For The Consumer

Mar 31 2015 | 6:48am ET

Investors are languishing in a yield-starved, low-interest rate environment, looking...

 

Sponsored Content

    Mar 9 2015 | 6:35am ET

    Kelly RodriquesKelly RodriquesAs more investors look to diversify, many are beginning to use retirement funds to invest in alternative assets such as private equity and real estate. Kelly Rodriques, CEO & President of PENSCO Trust Company, explains how companies can connect with those looking to use their retirement accounts in a different way. Read more…

Editor's Note