Investment group

Mariner Wealth Advisors to Acquire Savant Investment Group, LLC

Company to add approximately AU $ 770 million amid active summer growth

Overland Park, Kan. –News Direct– Mariner

Mariner Wealth Advisors, a national wealth advisory firm, today announced the acquisition of Bay Area-based Savant Investment Group, LLC. The Emeryville, California office will be the company’s seventh office in the state and third in the Bay Area. This is the ninth announced acquisition of Mariner Wealth Advisors since the start of the year, allowing the company to reach growth milestones of 1,000 associates and 500 advisors. Terms of the deal were not disclosed.

Marty Bicknell, CEO and Chairman, Mariner Wealth Advisors.

“We have had great success in implementing our growth strategies, and we are just getting started,” said Marty Bicknell, CEO and President of Mariner Wealth Advisors. “Our growth has been driven by strategic acquisitions, and we are looking for like-minded partners who can grow with us. I am delighted to continue to strengthen our team with an impressive company like Savant Investment Group.

Savant investment group has experienced tremendous growth since its inception and now serves over 240 clients with approximately $ 770 million in Assets Under Counsel (AUA). In addition to financial planning and wealth management, the firm has developed a solution-oriented approach to providing tailor-made pension plan services designed to evolve with changing times. Savant Investment Group’s experience in corporate retirement planning will provide additional expertise to the rapid growth of Mariner Wealth Advisors pension plan solutions team.

“This is an incredible opportunity for our company to extend our comprehensive financial planning experience to our clients and provide career development to our employees,” said Scott Lummer, CEO and CIO of Savant Investment Group. “I am excited to take advantage of the wide range of services from Mariner Wealth Advisors to bring even more value to our clients, from insurance and tax planning to estate and trust services. “

Lummer will continue to lead the Emeryville office as Managing Director, and the eight professionals will retain their current roles. The company will change its name to Mariner Wealth Advisors upon closing of the transaction.

Berkshire Global Advisors acted as the exclusive financial advisor to Savant Investment Group in this transaction.

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About Mariner Wealth Advisors

At Mariner Wealth Advisors, we offer 360 ° advice that’s built to last. We’re focused on one thing: partnering with clients to create a financial strategy for today and beyond that is flexible enough to grow with them. The ultimate goal? Helping clients identify what’s important so they can achieve their goals – we’re committed to being there for whatever life throws at them. We have built our business around the needs of our customers. We started by offering wealth planning resources, then added services ranging from tax planning to insurance, all under one roof. We believe that this integrated approach to wealth management helps to simplify the lives of our clients. Founded in 2006 with $ 300 million in assets under advice (AUA), Mariner Wealth Advisors and its affiliates now advise on more than $ 50 billion in assets.

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Christian DeFazio

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