Mariner Wealth Snaps Up $1.3B Group
The purchase of Granite Investment Advisors of New Hampshire was Mariner’s 13th transaction of 2021.
Mariner Wealth Advisors has bought Granite Investment Advisors, a New Hampshire-based firm that oversees $1.3 billion in assets.
The deal was Mariner’s 13th transaction of 2021. The firm and its affiliates now advise clients with over $55 billion in assets via 63 offices nationwide.
“We’re thrilled to welcome Granite Investment Advisors to our rapidly growing team,” according to Mariner CEO and President Marty Bicknell. “Their emphasis on building a financial plan that isn’t rooted in trends, but rather in what matters to the client over the long-term, aligns closely with our mission, and I look forward to being a part of their renewed growth.”
Granite — which assumed the Mariner Wealth Advisors name when the deal closed on Dec. 28 — specializes in advising healthcare professionals and divorce planning, for instance. It just added financial professionals Martha Cottrill and Ed Taylor, formerly with Taylor, Cottrill, Erickson & Associates.
“I am excited … to be coming together with local industry peers whom I have always greatly respected. I know we will be able to build a phenomenal New Hampshire and Massachusetts business together with Mariner Wealth Advisors, ” said Scott Schermerhorn, managing partner and chief investment officer at Granite, in a statement.
Pictured: Marty Bicknell