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.
As a tsunami of retirees comes crashing in, three-fifths of those surveyed believe – wrongly – that the federal safety net will cover their LTC needs.
Counting advisor moves in and out of firms requires some art as well as science.
Orion's latest update, a partnership with 11th.com, focuses on an underserved area of compliance for advisors and wealth firms.
The latest arrivals, including a 10-advisor ensemble from Ameriprise, bolster the firm's independent contractor and employee advisor channels.
The firm has also appointed Mike Downing and Sean Brennan as co-presidents to its US operations as it looks to proceed with an ambitious five-year growth plan.
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.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
