Patriot Wealth Management, Inc. To Join Mariner Wealth Advisors
Partnership provides enhanced services for clients, growth and business continuity for Houston advisory firm
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.
1 Barron’s awarded the 2019 #4 and 2018 #3 Top RIA Firms rankings to Mariner Wealth Advisors based on data compiled for Mariner Wealth Advisors and the 2017 #2 and 2016 #1 rankings to Mariner Holdings based upon data compiled for Mariner Holdings’ registered investment adviser subsidiaries. The number of firms included in the rankings were: 20 (2016), 30 (2017), 40 (2018) and 50 (2019). Barron’s publishes rankings based upon a number of criteria and the firms’ filings with the SEC were used to cross-check the data provided. The listing includes 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. For additional information visit www.barrons.com.