Mariner Wealth Advisors to Acquire Cascadia Advisory Services, LLC
The Deal Expands Firm’s Footprint Nationwide to More than 60 Locations
Overland Park, Kan. – December 15, 2021 – Mariner Wealth Advisors, a national wealth advisory firm, today announced the acquisition of Cascadia Advisory Services, LLC (Cascadia). This acquisition marks the latest in a series of strategic acquisitions that add depth, scale and specialization to Mariner Wealth Advisors’ operations across the U.S. The firm will add twenty talented associates and expand its presence in the Portland, Ore., metropolitan area.
“I am delighted to welcome the Cascadia team to the Mariner Wealth Advisors family. We approach each acquisition through the lens of how this will benefit our clients and fit within our culture. On both fronts, this is a home run,” said Marty Bicknell, CEO and president of Mariner Wealth Advisors. “This acquisition accelerates our inorganic growth strategy and adds an impressive team of professionals that will bring considerable value to our clients, associates and business.”
With nearly two decades of experience in financial services, Cascadia has built a trusted reputation with more than 800 clients and $775 million in assets under advisement (AUA). The firm’s breadth of services ranges from financial planning to investment and portfolio management. The team is committed to providing tailored wealth management solutions under its core values of transparency and independence.
Joining Mariner Wealth Advisors will ensure sustained growth and enable Cascadia to expand their solutions, with a particular focus on succession planning. Additionally, Cascadia has two affiliate firms through advisors who operate under their own brand, Adler Mechals Group and Vivid Wealth, who will also join Mariner Wealth Advisors through the acquisition.
“Our most important value in any transaction with a client is transparency,” said Greg Bowen, managing principal of Cascadia. “We have seen this value prominently throughout the entire process with Mariner Wealth Advisors, and we look forward to joining their team to expand our capabilities and bring even more value to our clients and employees.”
Cascadia will assume the Mariner Wealth Advisors’ name when the deal closes on Dec. 31, 2021. The office in Portland will be Mariner Wealth Advisors second in that city. McMinnville, Ore., will be a new footprint for the firm and will bring their total number of locations in the state to four.