Acquisition Adds Approximately $1.3 Billion in Assets Under Advisement
Overland Park, Kan. –News Direct– Mariner
Mariner Wealth Advisors, a national wealth advisory firm, today announced that it has acquired Granite Investment Advisors. The Concord, N.H.-based firm is Mariner Wealth Advisors’ first office in the state and further expands its reach across the East Coast. This acquisition is part of the firm’s aggressive growth strategy and marks the 13th transaction completed in 2021.
It’s a uniquely positioned deal as Mariner Wealth Advisors will simultaneously grow the local team by adding Martha Cottrill and Ed Taylor, previously with another Concord, N.H.-based firm Taylor, Cottrill, Erickson & Associates.
“We’re thrilled to welcome Granite Investment Advisors to our rapidly growing team,” said Marty Bicknell, CEO and president of Mariner Wealth Advisors. “Their emphasis on building a financial plan that isn’t rooted in trends, but rather in what matters to the client over the long-term, aligns closely with our mission, and I look forward to being a part of their renewed growth.”
Granite Investment Advisors, in combination with Cottrill and Taylor, oversees approximately $1.3 billion in AUA and serves approximately 470 clients across New Hampshire. They specialize in areas such as advising healthcare professionals and divorce planning, among other traditional financial and investment planning services. These specialized services will complement Mariner Wealth Advisors’ holistic set of offerings, while Granite Investment Advisors will receive the benefit of more sustained growth under the umbrella of a nationally recognized firm with a full set of services, including tax planning and preparation, estate planning, insurance, trustee services, and more.
“Mariner Wealth Advisors has a culture that strives to put client needs above all else, as we have always tried to do,” said Scott Schermerhorn, managing partner and chief investment officer at Granite Investment Advisors. “We believe this ideology, and the breadth of experience their team possesses, will significantly enhance our work in the coming years.” Cottrill added, “I am excited too to be coming together with local industry peers whom I have always greatly respected. I know we will be able to build a phenomenal New Hampshire and Massachusetts business together with Mariner Wealth Advisors.”
Granite Investment Advisors assumed the Mariner Wealth Advisors name when the deal closed on Dec. 28, 2021. These are Mariner Wealth Advisors’ 62nd and 63rd offices nationwide. Park Sutton Advisors acted as the exclusive financial advisor to Granite in the transaction.
To learn more, visit marinerwealthadvisors.com.
At Mariner Wealth Advisors, we provide 360° advice designed to last. We focus on one thing—partnering with clients to create a financial strategy for today and beyond that’s flexible enough to change along with them. The ultimate goal? Helping clients identify what is important so they can achieve their goals—we’re committed to being here for everything life brings their way. We’ve built our firm around what our clients need. We began by offering wealth planning resources and then added services from tax planning to insurance – all under one roof. We believe this integrated approach to wealth management helps simplify our clients’ lives. Founded in 2006 with $300 million in assets under advisement (AUA), Mariner Wealth Advisors and its affiliates now advise on over $55 billion in assets.
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