Mariner Wealth Advisors Announces Sixth Acquisition of 2019

April 17, 2019

The firm expands to Miami, Florida, with purchase of Singer Xenos Schechter Sosler.

Overland Park, Kan. – April 17, 2019 – Mariner Wealth Advisors, the wealth advisory firm nationally ranked by Barron’s as a top three RIA Firm in 2018, 2017 and 20161, today announced it has entered into a binding agreement to make its sixth acquisition of the year.

Singer Xenos Schechter Sosler (Singer Xenos), located in Coral Gables, Florida, has 16 associates and more than $1.3 billion assets under management2 as of their most recent ADV filing. The firm is led by partners Marc Singer, Faith Xenos, Neil Sosler and Jay Schechter. All of the partners will remain with Mariner Wealth Advisors.

“We are incredibly excited about entering this new market,” said Marty Bicknell, CEO and president of Mariner Wealth Advisors. “I believe Singer Xenos is the perfect partner for us in Miami. The team strives to put clients first and shares our focus on providing customized holistic wealth management solutions.”

With deep roots and longstanding relationships in South Florida, Singer Xenos embodies a client-first service model, with a primary focus on putting the client at the center of all it does.

According to Marc Singer, founding partner of Singer Xenos, “Our firm was founded on the understanding that success comes from growing opportunities, expanding choices and creating a more promising future. I am confident that the partnership with Mariner Wealth Advisors will enhance our ability to do all those things for both our clients and our associates.”

“Today’s world is an exciting and unpredictable place, and in a period of constant change, our firm’s security, stability and qualifications set us apart,” added Faith Xenos, founding partner, CIO and COO of Singer Xenos. “Partnering with Mariner Wealth Advisors helps ensure our clients will continue to have that security for years to come.”

In 2018, Marty Bicknell announced the firm’s national expansion plans, with a goal of acquiring several leading firms each year and green-fielding new office locations in targeted markets. As a result, the firm has acquired:

  • Patriot Wealth Management (Houston, Texas, joined Jan. 1, 2019)
  • Martin Financial Group (New Albany, Indiana, joined Feb. 1, 2019)
  • RTB Consulting, LLC (Cincinnati, Ohio, joined February 11, 2019)
  • Foundations Wealth Management (Sioux Falls, South Dakota, joined March 11, 2019)
  • Authent Advisors (Corte Madera, California, joined April 1, 2019)

Mariner Wealth Advisors has also recently opened offices in Charlotte, Des Moines, Bellevue, Louisville and Philadelphia.

Park Sutton Advisors represented Singer Xenos during this transaction. Located in New York City, Park Sutton Advisors helps institutional and retail investment management firms navigate a search for a partner by utilizing their industry specific experience to complete transactions representing both buyers and sellers.

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

2As of 12/31/18.

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