On February 1, 2024, Mariner Wealth Advisors announced that it acquired AndCo Consulting and Fourth Street Performance Partners.
Mariner Wealth Advisors (“Mariner”) announced that it acquired AndCo Consulting (“AndCo”) and Fourth Street Performance Partners (“Fourth Street”), creating Mariner Institutional. Fourth Street will merge with AndCo and both existing teams will be preserved under the Mariner Institutional brand. Further terms of the deals were not disclosed.
Mariner, headquartered in Overland Park, Kansas, is a national wealth advisory firm providing tax advice, trust services, estate planning, investing management, risk management, and retirement plans. As of November 2023, Mariner had $65 billion in assets under management.
AndCo, based in Winter Park, Florida, is an independent registered investment advisor and institutional investment consulting firm that provides investment and fiduciary consulting services including defined benefit, defined contribution, taxable and tax-exempt deferred compensation, operating reserves, endowment and foundations. AndCo has approximately $100 billion in assets under advisement.
Fourth Street, based in Covington, Kentucky, is an independent investment consulting firm that provides investment planning and advisory services. As of March 2023, Fourth Street had $4.5 billion in assets under management.
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