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Mariner Wealth to acquire $277 million RIA

$277 million

Ventura, California-based Channel Islands Group also runs an estate planning business.

Mariner Wealth Advisors, an Overland Park, Kansas-based registered investment advisory firm with almost $46 billion in assets under advisement, will acquire Channel Islands Group, a Ventura, California-based RIA managing $277 million.

The terms of the deal, which will close Aug. 31, were not disclosed.

Channel Islands Group was founded in 2014. In addition to its wealth advisory business, it also operates an estate planning business.

[More: Mariner partners with Dynasty to launch platform for breakaway brokers]

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