Mariner Wealth Advisors has acquired a majority interest in Vantage Investment Advisors LLC, the Kansas City, Missouri-based firm announced on Monday.
Vantage Investment Advisors, a State College, Pennsylvania-based registered investment advisory firm, has a team of 14 who manage more than $1 billion in assets.
“We are extremely pleased with the opportunity to partner with Mariner Wealth Advisors,” said Robert R. Thomas, president and chief executive officer of Vantage Investment Advisors, in a statement. “Mariner is an industry leader that will provide Vantage and our clients with a wide range of additional resources, products and support. This partnership will allow the whole Vantage team to continue on our growth trajectory while focusing, first and foremost, on serving clients.”
According to the press release, the Vantage team has a particular focus on ensuring each client’s investment portfolio is tailored and specifically developed with the client’s long-term goals in mind.
This new partnership with Vantage will allow Mariner Wealth Advisors, a subsidiary of Mariner Holdings, to strengthen its existing presence in the Pennsylvania, New York and New Jersey areas.
“Vantage represents a great cultural fit and their growth orientation aligns perfectly with our goal to increase the number of clients we are able to serve in the Northeast. Above all else, though, I am pleased to have found another partner who shares our commitment to delivering exceptional client service,” said Martin C. Bicknell, CEO of Mariner Wealth Advisors, in a statement.
Vantage, as a Mariner Wealth Advisors partner, will benefit from the full range of these services, such as trust and estate planning, tax advisory services, retirement plan services, investment banking, valuation advisory and forensic accounting services, and insurance consulting.