On May 31, 2023, Mariner Wealth Advisors announced it acquired financial wellness platform Spring.
Under the terms of the transaction, Mariner Wealth Advisors (“Mariner”) has acquired Spring and created Mariner Financial Wellness, a wealth planning platform for businesses to provide financial guidance to employees. Further terms of the deal were not disclosed.
Mariner, based in Leawood, Kansas, is a national wealth advisory firm specializing in risk management and consultancy services. As of March 31, 2023, Mariner Wealth Advisors has $110 billion in assets under advisement.
Spring, based in Chicago, is a financial wellness platform that aims to assist companies with employee recruitment, productivity, and retention.
To read the press release: please click here.