Mariner Holdings on hiring spree

Parent of RIA Mariner Wealth Advisors wants to hire up to 160 employees over the next six months.
JAN 05, 2015
By  Bloomberg
One of the nation's largest registered investment advisers is looking to hire more talent to keep up with its growth. Mariner Holdings wants to expand its staff by 60 employees immediately. Job openings are located throughout the United States and include a wide range of positions at Mariner Holdings, Mariner Wealth Advisors, Montage Investments and other affiliates. The firm hopes to hire another 100 employees, including advisers and business development specialists, over over the next six months. The hiring spree comes on heels of the firm's surge in assets under management. In 2014, AUM has climbed from $26 billion to more than $35 billion. “We've reached a point in our growth where we have the opportunity to expand our services and provide a greater level of support to our clients,” said Martin C. Bicknell, chief executive of Mariner Holdings. Mr. Bicknell, along with three other brokers and four support staff members, left A.G. Edwards & Co. in May 2006 to create Mariner Wealth Advisors. Acquisitions of smaller advisory firms have been a key driver behind vigorous growth in assets. The firm recently acquired two advisory firms in the New York metropolitan area — RR Advisory Group and Housen Financial Group. Company executives say its expansion strategy is aligned with a series of initiatives that the firm will undertake to continue meeting diverse client needs. First Point Financial and Mariner Consulting are among the initiatives that will launch to provide personalized financial advice to clients with no minimum asset requirements and comprehensive tax advisory services.

Latest News

Summit Financial adds four RIAs, nets $1.2B in new assets
Summit Financial adds four RIAs, nets $1.2B in new assets

The quartet of deals across New York, Florida, Ohio, and New Mexico reinforces the fast-growing integrator's leading position in the independent space.

Advisor moves: Raymond James welcomes UBS, Wells Fargo teams in bicoastal moves
Advisor moves: Raymond James welcomes UBS, Wells Fargo teams in bicoastal moves

UBS and Wells Fargo have made their own additions in the Northeast, including a Massachusetts duo defecting from Commonwealth.

Goldman Sachs brings private credit to defined contribution plans
Goldman Sachs brings private credit to defined contribution plans

Goldman Sachs' new private credit fund aims to bring alternatives to 401(k) plans, joining a wave of asset managers targeting the DC market.

Could this be your year to make the Hot List?
Could this be your year to make the Hot List?

Don't miss your chance to be honored among the industry's best

RIA M&A activity surges to second-quarter record
RIA M&A activity surges to second-quarter record

With 102 transactions logged in the three-month period up to June, Echelon Partners is projecting a new banner year for dealmaking across the industry.

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.