Growth Continues for Mariner Wealth Advisors with Latest Acquisition, McGervey Wealth Management
Firm Ends 2022 Strong With Ninth Acquisition of the Year, Landing Approximately $105 Million in AUA
Overland Park, Kan. – December 13, 2022 – National wealth advisory firm Mariner Wealth Advisors today announced that it will acquire Canton, Ohio-based McGervey Wealth Management at the end of the month. This acquisition—the firm’s ninth since the beginning of the year—will add approximately $105 million in assets under advisement (AUA) and establish its fourth office in Ohio.
McGervey Wealth Management was founded in 2003 by E. Michael McGervey. Serving more than 170 clients both nationally and locally in the Canton, Akron and Cleveland areas, McGervey Wealth Management uses an outcome-based planning model, carefully weighing goals and risks to ensure proactive client service while delivering time-tested and prudent full-cycle investment strategies.
“Providing wealth advice is more than just planning for the moment,” said Marty Bicknell, CEO and president of Mariner Wealth Advisors. “Our skilled advisors know that to help clients achieve their financial goals for years to come, we need to properly weigh the outcomes they are seeking. McGervey Wealth Management has perfected this service, and we look forward to welcoming their team to the Mariner family.”
McGervey Wealth Management specializes in financial planning, investment management, business planning, and retirement and legacy planning. Joining Mariner Wealth Advisors will secure an expanded suite of service offerings for the firm’s clients, position the business for future growth, and provide the opportunity to bolster its existing offerings.
“I have a strong connection to the local communities our firm operates in, and I am grateful for the opportunity to maintain these ties, while remaining committed to offering our clients an expanded range of services through Mariner Wealth Advisors,” said McGervey, president, founder and principal of McGervey Wealth Management. “This relationship is an example of that commitment.”
McGervey Wealth Management will assume the Mariner Wealth Advisors name following a Dec. 28, 2022 closing. The Canton office, Mariner Wealth Advisors’ 84th nationwide, will continue to operate under McGervey’s leadership, and all five associates will remain with the firm.
InCap Group, Inc. served as the investment bank and strategic advisor to McGervey Wealth Management in the transaction.