On October 29, 2024, Mariner Wealth Advisors announced a partnership agreement with Neuberger Berman Capital Solutions, which purchased a minority equity stake in Mariner.
Mariner Wealth Advisors, LLC (“Mariner”) announced on October 29, 2024, that it partnered with Neuberger Berman Capital Solutions (“NB Capital Solutions”) through an investment by Neuberger Berman Private Markets (“NB”). NB purchased a minority equity stake in Mariner. Mariner will continue to be led by its Chief Executive Officer and President Marty Bicknell. Further terms of the transaction 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 June 2024, Mariner had $81.1 billion in assets under management. Ardea Partners LP served as exclusive financial advisor to Mariner on the transaction.
NB Capital Solutions, based in New York, provides bespoke capital solutions to private equity-owned companies, enabling sponsors and management teams to achieve long-term strategic objectives. NB Capital Solutions is part of the NB platform, a leading global private equity investor with over 35 years of experience. NB Capital Solutions manages $8 billion in client assets.
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