Mariner Wealth Advisors, an Overland Park, Kansas-based firm with $50 billion in assets under advisement, will acquire Savant Investment Group, an Emeryville, California-based firm advising on $770 million in assets.
The terms of the deal, Mariner’s ninth acquisition this year, were not disclosed.
Scott Lummer, chief executive and chief investment officer of Savant, will continue to run the Emeryville office as managing director, and all eight professionals will retain their current roles.
Savant provides retirement plan services in addition to financial planning and wealth management. The firm will assume the Mariner Wealth Advisors name when the deal closes.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
