Mariner Wealth to Acquire Allegiant

July 22, 2021

On July 8, 2021, Mariner Wealth Advisors, LLC announced that it will acquire Allegiant Private Advisors, LLC.

Under the terms of the agreement, Mariner Wealth Advisors, LLC (“Mariner”) will acquire Allegiant Private Advisors, LLC (“Allegiant”).  Allegiant will assume the Mariner name when the deal closes on July 31, 2021. 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.

Allegiant, based in Sarasota, Florida, is a wealth management firm focusing on estate planning, risk management, educational and retirement planning.  As of July 8, 2021, Allegiant had approximately $1 billion in assets under management.

To read the press release: please click here.


Categories

Investment Manager M&A, Transactions