On December 4, 2024, Mariner Wealth Advisors, LLC announced its acquisitions of Atlas Financial Services, Inc. and Newport Advisory, LLC.
Mariner Wealth Advisors, LLC (“Mariner”) announced, on December 4, 2024, its acquisitions of Atlas Financial Services, Inc. (“Atlas”) and Newport Advisory, LLC (“Newport”). Under the terms of the transactions, both Atlas and Newport adopted the Mariner name following the December 2 closings and are operating with existing teams in place. Further terms of the deal were not disclosed.
Mariner, based 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 September 2024, Mariner had approximately $253 billion in assets under advisement.
Atlas, based in Sarasota, Florida, is a wealth advisory firm specializing in asset management, business continuity and wealth transfer strategies. As of December 2024, Atlas had approximately $278 million in assets under management. Dalphia Partners, LLC served as exclusive financial advisor to Atlas on the transaction.
Newport, based in Newport Beach, California, is a wealth advisory firm that takes a holistic approach to financial planning. As of December 2024, Newport had approximately $600 million in assets under management.
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