Wealth management firm Mariner Wealth Advisors is expanding its wealth advisory team by acquiring a majority interest in the wealth management division of Omaha-based Orizon Investment Counsel, LLC.
Under the agreement, Orizon's name will change to Mariner Wealth Advisors, and its systems integrated into Mariner's. With 14 employees, including four senior wealth advisors, Orizon's wealth management team provides integrated financial services for businesses and individuals. Financial terms of the deal were not disclosed.
Leawood, Kan.-based Mariner Wealth Advisors is an independent, national wealth advisory firm offering a bevy of services ranging from investment advisory work and executive compensation and benefits planning to family office services and business succession planning.
Mariner Wealth Advisors is listed No. 5 in Financial Advisor magazine's 2012 Registered Investment Advisor rankings with $10.9 billion in assets as of year-end 2011.
"The relationship with Orizon will allow us to provide focused,
innovative wealth solutions to clients in an increasingly diverse
geographic area, which is something our clients have been requesting," Mariner Wealth Advisor CEO Martin C. Bicknell said in a prepared
statement.