Mariner adds $2.7 billion in assets with FCG Advisors deal

Mariner adds $2.7 billion in assets with FCG Advisors deal
FCG Advisors has been renamed Mariner Wealth and will continue operating out of its office in Chatham, New Jersey.
SEP 23, 2021

Mariner Wealth Advisors is wrapping up the summer of 2021 with its sixth acquisition, adding $2.7 billion in assets with the Chatham, New Jersey-based FCG Advisors.

Overland Park, Kansas-based Mariner currently has 403 advisers across 54 offices. Since July, the firm has announced six acquisitions and added more than $7 billion in assets under advisement.

“It’s been a busy and exciting summer of growth for our team,” Marty Bicknell, president and chief executive of Mariner Wealth Advisors, said in a prepared statement.

“We’re thrilled to welcome the great associates at FCG Advisors to our already talented team,” Bicknell said. “Having an expanded presence in New Jersey will allow us to serve our existing clients better and give us the opportunity to provide wealth advisory services to more people across the region.”

FCG, which was founded in 1994 by John Combias, has assumed the Mariner Wealth Advisors name. The Chatham office remains under Combias' leadership. 

“An internal culture focused on collaboration, not competition, is what attracted us to join Mariner Wealth Advisors,” Combias said. “And for our valued, longtime clients, many of whom are multi-generational, their offerings from wealth planning to insurance solutions allow us to expand upon the services we provide.” 

Diverse individuals challenged by cultural differences when entering advice industry

Latest News

Fintech bytes: FP Alpha rolls out estate insights feature
Fintech bytes: FP Alpha rolls out estate insights feature

Also, wealth.com enters Commonwealth's tech stack, while Tifin@work deepens an expanded partnership.

Morgan Stanley, Atria job cut details emerge
Morgan Stanley, Atria job cut details emerge

Back office workers and support staff are particularly vulnerable when big broker-dealers lay off staff.

Envestnet taps Atria alum Sean Meighan to sharpen RIA focus
Envestnet taps Atria alum Sean Meighan to sharpen RIA focus

The fintech giant is doubling down on its strategy to reach independent advisors through a newly created leadership role.

LPL, Evercore welcome West Coast breakaways
LPL, Evercore welcome West Coast breakaways

The two firms are strengthening their presence in California with advisor teams from RBC and Silicon Valley Bank.

Supreme Court slaps down brokerage's appeal vs. FINRA expulsion case
Supreme Court slaps down brokerage's appeal vs. FINRA expulsion case

The high court's decision rebuffing Alpine Securities marks a setback for a broader challenge to Wall Street's reliance on self-regulatory organizations.

SPONSORED Beyond the dashboard: Making wealth tech human

How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave

SPONSORED The evolution of private credit

From direct lending to asset-based finance to commercial real estate debt.