Partnership provides enhanced services for clients, growth and business continuity for Houston advisory firm
OVERLAND PARK, Kan., Nov. 13, 2018 (GLOBE NEWSWIRE) -- Mariner Wealth Advisors, a national wealth advisory firm ranked in the top three on Barron's list of Top RIA Firms in 2018, 2017 and 20161, today announced it is acquiring Patriot Wealth Management, Inc. (Patriot).
Located in Houston, Texas, with nearly $2 billion in assets, Patriot is a wealth advisory firm dedicated to delivering personalized financial planning services to a wide range of clients. The firm was founded in 2004 and is managed by shareholders Todd Hanslik, Anna Jones, Bill Murski, Jeff Swantkowski and Dana Weinstein. The partnership with Mariner Wealth Advisors will provide Patriot’s wealth advisors with additional support in multiple areas, including risk management, estate planning and trust services, and tax planning and preparation.
"Joining Mariner Wealth Advisors allows us to reallocate time spent on back-office functions and refocus our efforts on our valued clients,” said Todd Hanslik, co-founder and principal of Patriot. “Mariner Wealth Advisors shares our client-first mentality. We are excited to tap into their deeper and broader pool of resources to better serve existing and prospective clients.”
With a mission of serving as an advocate to help individuals and families achieve their long-term financial goals, Mariner Wealth Advisors supports advisory teams with a dedicated investment committee and business development team, as well as back-office support related to human resources, operations, finance, information technology, marketing, legal and compliance. This allows advisors to focus solely on working with clients.
"I am thrilled to welcome Patriot to the Mariner Wealth Advisors family,” said Marty Bicknell, chief executive officer and president of Mariner Wealth Advisors. “I met Todd close to 10 years ago at a Fidelity event and was immediately impressed with his leadership quality. He also has close ties to two of our senior leaders, Kevin Corbett and Brian O’Regan, who lead our inorganic growth efforts. Looking at the advice and service Patriot offers to clients, I have a great deal of respect for what the team at Patriot has built. It’s a natural fit for Mariner Wealth Advisors.”
The partnership with Patriot is the latest development in Mariner Wealth Advisors' growth strategy. Patriot will become part of Mariner Wealth Advisors effective Jan. 1, 2019. Mariner Wealth Advisors currently has 26 locations in 19 states, more than 125 wealth advisors and over 500 associates.
About Mariner Wealth Advisors
Mariner Wealth Advisors is a national wealth advisory firm that provides wealth advice focused on meeting client needs. Founded in 2006 with $300 million in assets under advisement, Mariner Wealth Advisors has grown to over $23 billion. The firm's mission is to help clients and their families navigate their financial future, charting a course to achieve their goals today, tomorrow and for years to come.
About Patriot Wealth Management, Inc.
Patriot Wealth Management, Inc. is a comprehensive financial management firm and an SEC registered investment adviser that has been providing objective financial advice and tailoring recommendations to clients’ specific financial situations since 2004. The firm was co-founded by Todd Hanslik and Jeff Swantkowski.
1Barron’s awarded the 2018 #3 Top 40 RIA Firms ranking to Mariner, LLC d/b/a Mariner Wealth Advisors based on data compiled for Mariner Wealth Advisors and the 2017 #2 and 2016 #1 rankings in the Top RIA Firms to Mariner Holdings based upon data compiled for Mariner Holdings’ registered investment adviser subsidiaries. Barron’s has transitioned the name of the 2016 inaugural award of Top Independent Advisory Firms to the Top RIA Firms. Each year since inception, Barron’s has increased the number of firms including in the rankings from 20 (2016), 30 (2017) and in 2018 the list includes 40 firms. Barron’s publishes these lists based upon a number of criteria and the firms’ filings with the SEC were used to cross-check the data provided to Barron’s. The listing includes the firms’ numbers of clients, employees, advisors, offices and state locations. The award is not indicative of future performance and there is no guarantee of future investment success. Registration of an investment advisor does not imply a certain level of training or skill.
Mariner, LLC dba Mariner Wealth Advisors (“MWA”), is an SEC registered investment adviser. Registration of an investment adviser does not imply a certain level of skill or training. MWA is in compliance with the current notice filing requirements imposed upon registered investment advisers by those states in which MWA maintains clients. MWA may only transact business in those states in which it is noticed filed, or qualifies for an exemption or exclusion from notice filing requirements. Any subsequent, direct communication by MWA with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For additional information about MWA, including fees and services, please contact MWA or refer to the Investment Adviser Public Disclosure website (www.adviserinfo.sec.gov). Please read the disclosure statement carefully before you invest or send money.