Mariner Wealth to add $347 million RIA

Mariner Wealth to add $347 million RIA
National firm will acquire Boston-based Taylor Wealth Management Partners to bolster presence along the East Coast.
JUN 01, 2022

Mariner Wealth Advisors, an Overland Park, Kansas, wealth management firm advising on $60 billion in assets, has agreed to acquire Taylor Wealth Management Partners, a Boston-based registered investment adviser managing $347 million.

The acquisition is scheduled to close on June 30, Mariner Wealth said in a press release Wednesday.

Taylor Wealth Management Partners was founded in 2014 by Hugh Taylor and serves more than 100 client relationships. The firm will assume the Mariner Wealth Advisors name on July 1.

This acquisition is the latest in a series of moves to bolster Mariner Wealth's presence along the East Coast and will be its 73rd location nationwide.

What's the 'one thing' advisers need to do to increase their business? Ed Slott has the answer

Latest News

MIT’s Andrew Lo sees AI ready to run your money in five years
MIT’s Andrew Lo sees AI ready to run your money in five years

The finance professor and quant investing veteran believes with the right guardrails, artificial intelligence could be trusted to meet the high bar of fiduciary advice.

Advisor moves: UBS advisors defect to Ameriprise, Merrill Lynch
Advisor moves: UBS advisors defect to Ameriprise, Merrill Lynch

UBS has also regained some ground as it recruited an experienced Merrill advisor in New York.

Former California advisor indicted for alleged $9.5M Ponzi scheme
Former California advisor indicted for alleged $9.5M Ponzi scheme

The ex-Bay Area broker reportedly continued to peddle fake bond investments, promising rates of returns exceeding 20%, even after FINRA suspended his license in 2014.

AI tops compliance concerns for RIAs, survey finds
AI tops compliance concerns for RIAs, survey finds

Predictive analytics, artificial intelligence, and cybersecurity are now high on compliance officers' lists as off-channel communications are relegated down the rankings.

Bluespring acquires $364M Kestra affiliate to combine with two existing firms
Bluespring acquires $364M Kestra affiliate to combine with two existing firms

Latest deal further expands the RIA acquirer’s footprint in Texas.

SPONSORED How advisors can build for high-net-worth complexity

Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.

SPONSORED RILAs bring stability, growth during volatile markets

Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.