Mariner Wealth Advisors to Acquire Savant Investment Group, LLC

November 18, 2021

Firm to Add Approximately $770 Million in AUA on the Heels of Active Summer Growth

Overland Park, Kan. – Nov. 18, 2021 – Mariner Wealth Advisors, a national wealth advisory firm, today announced that it will acquire Bay Area-based Savant Investment Group, LLC. The Emeryville, Calif. office will be the firm’s seventh office in the state and third in the Bay Area. This is Mariner Wealth Advisors’ ninth announced acquisition since the start of the year, fueling the firm to hit growth milestones of 1,000 associates and 500 advisors. The terms of the deal were not disclosed.

“We’ve seen great success implementing our growth strategies, and we’re just getting started,” said Marty Bicknell, CEO and president of Mariner Wealth Advisors. “Our growth has been driven by strategic acquisitions, and we look for like-minded partners who can grow with us. I’m thrilled to continue adding to our team with an impressive firm like Savant Investment Group.”

Savant Investment Group has seen tremendous growth since its inception and is now serving over 240 clients with approximately $770 million in Assets Under Advisement (AUA). In addition to financial planning and wealth management, the firm has developed a solutions-driven approach to providing tailored retirement plan services designed to evolve with the changing times. Savant Investment Group’s background in retirement planning for businesses will bring added expertise to Mariner Wealth Advisors’ rapidly growing retirement plan solutions team.

“This is an incredible opportunity for our firm to expand our comprehensive financial planning experience to clients and to provide career development for our employees,” said Scott Lummer, CEO and CIO of Savant Investment Group. “I’m excited to draw on Mariner Wealth Advisors’ broad array of services to bring even more value to our clients, from insurance and tax planning to estate and trust services.”

Lummer will continue to run the Emeryville office as managing director, and all eight professionals will retain their current roles. The firm will assume the Mariner Wealth Advisors name when the deal closes.

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

Contact Us