Mariner Wealth Advisors of Overland Park, Kansas, will acquire Hayes Financial, a San Jose, California-based firm with $325 million in assets under advisement.
The terms of the acquisition, which will establish Mariner’s eleventh office in the state, were not disclosed.
Hayes Financial was founded in 2008 by Zachary Hayes, and currently serves more than 170 clients. It focuses on high-net-worth executives and tech company employees.
Three staffers will be joining Mariner along with Hayes.
The deal is scheduled to close next Friday.
Janus Henderson Investors research reveals demand for transparency, but lack of awareness of AI’s prevalence in the corporate world.
New research reveals rising expenses, forced early exits, and a widening gap between how long people live and how long their money lasts.
Firms continue their quest to attract and retain the best advisor teams.
A survey from TacticalMind AI found 69% of advisors say a high-quality AI platform that makes investment recommendations and constructs portfolios is worth $500 monthly, while research-only tools are valued closer to $250.
The alts tech provider's latest integration lets advisors query fund data and surface portfolio insights without leaving their primary workspace.
As technical expertise becomes increasingly commoditized, advisors who can integrate strategy, relationships, and specialized expertise into a cohesive client experience will define the next era of wealth management
Growth may get the headlines, but in my experience, longevity is earned through structure, culture, and discipline
