Kansas Wealth Advisor Mariner Acquires Adams Hall

Feb 2 2012 | 7:55am ET

Leawood, Kans.-based Mariner Wealth Advisors has acquired a majority interested in Tulsa, Okla.-based Adams Hall Asset Management, an independent wealth manager with $1.3 billion in assets under management.

Adams Hall, with its staff of 14, will retain its name and “expects to integrate its operations and systems into Mariner over time,” according to a press release announcing the purchase.

“We are thrilled to be joining Mariner Wealth Advisors,” said Jana Shoulders, founder and chief executive officer of Adams Hall Asset Management, in a statement. “Mariner offers its clients a breadth of experience and resources not available at every firm. Mariner’s support will greatly enhance our ability to deliver for our clients.”

Explaining the advantages of the union, Martin C. Bicknell, CEO of Mariner Wealth Advisors, said: “Mariner offers Adams Hall the support and resources of a nationally recognized, innovative and growing firm. In return, Mariner gains a team of experienced, talented individuals who focus on meeting their clients’ needs first and foremost. The relationship with Adams Hall will also enhance Mariner’s ability to serve clients in geographically diverse areas.”

According to the Kansas City Business Journal, the acquisition brings Mariner’s assets under management to about $3.3 billion and adds an Oklahoma location to those in Los Angeles, San Diego, Cumberland (Maryland), New York, Philadelphia, Denver, Chicago, Pittsburg (Kansas) and Leawood.

In Depth

Financial Industry Blockchain Consortium R3 To Open-Source Platform Code

Oct 20 2016 | 9:03pm ET

Bitcoin's blockchain technology has spawned a flurry of activity among fintech startups...


U.S. Trust's Beard: The Rapid Growth of the Art Lending Industry

Oct 7 2016 | 10:55pm ET

Alternative investment managers have emerged as some of the most significant art...

Guest Contributor

Hedge Fund Marketing – Tips for Your Initial Sales Meeting

Sep 29 2016 | 5:46pm ET

There are two main goals a hedge fund should have for an initial in-person sales...