On October 21, 2021, Mariner Wealth Advisors, L.L.C. announced that it has acquired Barley Mill Asset Management.
Under the terms of the transaction, Mariner Wealth Advisors, L.L.C. (“Mariner”) acquired Barley Mill Asset Management (“Barley Mill”). The transaction closed at the end of September. Barley Mill assumed the Mariner Wealth Advisors name upon closing. Further terms of the deal were not disclosed.
Mariner, based in Overland Park, Kansas, is a registered investment adviser providing a wide array of services to clients, including tax advice, trust services, estate planning, investment management, risk management, and retirement plans. Mariner oversees approximately $43 billion in assets.
Barley Mill, based in Wilmington, Delaware, is an asset management firm that serves almost 600 clients across 340 households. Barley Mill has approximately $700 million in assets under advisement.
To read the press release: please click here.