Mariner Wealth Advisors Acquires Assets of Wealth Health, LLC
Acquisition expands nationwide presence and complements holistic wealth management capabilities
Overland Park, Kan. – March 3, 2020 – Mariner Wealth Advisors, the wealth advisory firm nationally ranked by Barron’s as a top four RIA firm the last four years1, today announced it has entered into a binding agreement to acquire the assets of Wealth Health, LLC (Wealth Health). This marks Mariner Wealth Advisors’ 11th acquisition in the past 14 months and reinforces Mariner’s momentum in acquiring talent nationwide to better serve clients from coast-to-coast.
Established in 2003, Wealth Health seeks to be a one-stop-shop solution for serving clients’ financial management needs by providing investment management, income tax preparation, insurance advice, and estate planning, among other services. The firm manages approximately $400 million in assets and is led by Rich Coppa and Darin Gartland, who will remain with Mariner Wealth Advisors and manage the Roseland, N.J. location.
“We are excited about gaining professionals who pride themselves on serving as a single source of contact for all of their clients’ complex personal financial needs,” said Marty Bicknell, CEO and president of Mariner Wealth Advisors. “Wealth Health’s advisors look five steps ahead to understand clients’ long-term objectives, a strategy that aligns well with our own. We look forward to having their team join us in providing clients a full suite of solutions.”
In acquiring the local team, Mariner Wealth Advisors establishes its fourth office presence in New Jersey. The Wealth Health team coming onboard stands to benefit from the national presence of Mariner Wealth Advisors, as it has clients located across the country with a concentration in Southern California.
“Joining Mariner Wealth Advisors is an incredible growth opportunity,” said Coppa. “As our portfolio of relationships continues to expand, it makes sense to join forces with an established firm that offers reputable capabilities and services.”
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.