Sunday, 1 March 2015
Last updated 1 day ago
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.
Jan 23 2015 | 1:00pm ET
In our new section, FINtech Focus, we will profile one of these firms each week. While fintech is a broad category, we will be focusing on firms that specifically cater to the alternative investment industry. Read more…