Mariner Wealth Advisors said Tuesday that it acquired Walker Wealth, a firm that specializes in working with medical professionals and manages $301 million in assets.
Fullerton, California-based Walker Wealth was founded in 1997 by W. Craig Walker, its CEO and president. It will be Mariner’s 14th office in the state.
“Adding a firm of Walker Wealth’s caliber bolsters our presence in California, and deepens our bench of professionals with an expertise of serving clients in the medical community,” said Marty Bicknell, CEO and president of Mariner Wealth Advisors.
Park Sutton Advisor served as advisor to Walker Wealth in the transaction.
Mariner, an Overland Park, Kansas, firm that advises on more than $105 billion in assets, had announced the purchase of another California firm, San Jose-based Hayes Financial, in December, and a deal for a Pittsburgh firm, Executive Wealth Counselors, in September.
A trustee says it has no record of the investor now suing it for $50 million
Legislation seeks to loosen access to private markets to include professional advice from RIAs and broker-dealers, not just income or net worth.
"I just feel like I can get a lot further [by] opening a 529 account," said one respondent to the BabyCenter survey on Trump accounts.
New ICI research shows these retirement savers pay expense ratios nearly matching industrywide averages, extending years of fee declines
UBS data show American net worth is shifting from property to cash and funds faster than in seven other wealthy nations.
Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income
Direct indexing is on pace to outgrow ETFs and mutual funds. Northern Trust's Ken Lassner explains why the advisors who get it wish they had started sooner.
