On July 28, 2021, Mariner Wealth Advisors, LLC announced that it will acquire Channel Islands Group.
Under the terms of the agreement, Mariner Wealth Advisors, LLC (“Mariner”) will acquire Channel Islands Group (“Channel Islands”). Upon closing, Channel Islands will assume the Mariner name. The acquisition, subject to customary closing conditions, is expected to close August 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. Mariner oversees approximately $43 billion in assets.
Channel Islands, based in Ventura, California, is a national wealth advisory firm providing clients with customized retirement planning, business planning, and estate planning services. Channel Islands manages approximately $277 million in assets.
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