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

U.S. Treasury Moves on Reinsurance Loophole

Apr 24 2015 | 5:11pm ET

The U.S. Treasury Department has released proposed rules aimed at limiting the ability...

Lifestyle

Puerto Rico Woos The Rich But So Far Gains Little

Apr 17 2015 | 2:45am ET

Hedge fund manager Rob Rill grins. He has just had word that U.S. financial regulators...

Guest Contributor

Opportunities Ahead: Asian Fixed Income and Currency Markets

Apr 24 2015 | 6:18am ET

For hedge funds focusing on Asia, the policy uncertainty, unclear interest rate...

 

Editor's Note