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Mariner Wealth Advisors says it’s shopping for two companies with $104 billion in complete property below advisement and 100 professionals who serve institutional purchasers: AndCo Consulting of Winter Park, Florida, and Fourth Road 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 stage and is about to kind a brand new division centered on institutional buyers.
“The complementary nature of our purchasers and companies will help our joint development and supply present purchasers and prospects further companies that may assist improve the general consumer end result,” stated Mariner CEO and President Marty Bicknell, in a press release.
“Mariner, AndCo and Fourth Road share an goal and client-first method, a deal with 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 Purchasers, Lawsuit Claims
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