Mariner Institutional Created From Three Advisory Firms
Posted on 02/05/2024
Mariner Wealth Advisors is a national wealth advisory firm. It has announced that it will be acquiring Winter Park, Florida’s AndCo Consulting, and Covington, Kentucky’s Fourth Street Performance Partners in a simultaneous transaction. Mariner Institutional will be the name of the combined entity, with 100 more staff members joining Mariner Wealth. The acquisitions add offices across the nation and US$ 104 billion in assets under advisement. Fourth Street will merge with AndCo upon closing of the transaction, each maintaining their existing teams and focus on serving institutional clients under the Mariner Institutional brand.
Marty Bicknell, CEO and President of Mariner Wealth Advisors commented on the expansion: “The complementary nature of our clients and services will support our joint growth and offer existing clients and prospects additional services that will help enhance the overall client outcome. Mariner, AndCo and Fourth Street share an objective and client-first approach, a focus on associate development and unyielding support for our communities. This leads to a strong cultural alignment and great opportunities ahead.”
The agreements were finalized on Jan. 29, 2024, and the transition is expected to reach its completion in early April 2024.
Advisor
Berkshire Global Advisors served as financial advisor to AndCo Consulting in this transaction.