Mariner Wealth to acquire $527 million Florida firm

Mariner Wealth Advisors, an Overland Park, Kansas-based advisory firm with $60 billion in assets under advisement, is acquiring Arbor Wealth Management, a Miramar Beach, Florida-based firm advising on $527 million.

Terms of the transaction were not disclosed.

Arbor was founded in 2010 by Margaret McDowell; her sons Patrick and Andrew McDowell joined shortly thereafter. The firm will assume the Mariner name at the end of February.

This will be Mariner Wealth Advisors’ fifth office in Florida and brings its nationwide tally to 69 offices.

[MORE: Mariner acquires California firm advising on $950 million]

Best Places to Work firms go a step further

The post Mariner Wealth to acquire $527 million Florida firm appeared first on InvestmentNews.

Andrew is half-human, half-gamer. He’s also a science fiction author writing for BleeBot.

Andrew Vincent
Andrew is half-human, half-gamer. He's also a science fiction author writing for BleeBot.
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