Mariner Wealth to Acquire Pinnacle Group

October 12, 2021

On September 9, 2021, Mariner Wealth Advisors, LLC announced that it will acquire The Pinnacle Group.

Under the terms of the transaction Mariner Wealth Advisors, LLC (“Mariner”) will acquire The Pinnacle Group (“Pinnacle”). At closing, Pinnacle will assume the Mariner name. The deal closed on September 24, 2021. Further terms of the agreement were not disclosed.

Mariner, based in Kansas City, 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.

Pinnacle, based in Cincinnati, is a registered investment advisor providing wealth planning and investment management services to individuals and businesses. Pinnacle has approximately $600 million in assets under management. The investment banking firm Echelon Partners advised Pinnacle on the transaction.

To read the press release: please click here.


Categories

Investment Manager M&A, Transactions