Mariner Wealth acquires $700 million RIA

Mariner Wealth acquires $700 million RIA
Barley Mill Asset Management is based in Wilmington, Delaware; the Delaware office will remain under the leadership of Paul Dorsey, who founded Barley Mill more than a decade ago.
OCT 21, 2021

Mariner Wealth Advisors, an Overland Park, Kansas-based wealth advisory managing more than $50 billion, has acquired Barley Mill Asset Management, a Wilmington, Delaware-based registered investment advisory firm managing $700 million.

Barley Mill assumed the Mariner Wealth Advisors name when the deal closed. The Wilmington office remains under the leadership of Paul Dorsey, who founded Barley Mill more than a decade ago.

This is Mariner's eighth deal since July. In April, it sold a minority stake to private equity investor Leonard Green & Partners.

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