Mariner Wealth Advisors continues its active acquisition strategy with the announcement of its fourth deal in 2022. The firm is acquiring Bethlehem, Pa.-based Corbenic Partners at the end of the month, creating its sixth office in the state.
“As we continue to see great success with our growth strategy, we’re always seeking out firms that will add unique value to our diverse team of advisors,” Mariner President and CEO Marty Bicknell said in a statement. “Corbenic Partners has had great success serving its clients, and we are excited to add their expertise and capabilities of working with unique client groups to the Mariner family.”
Founded more than three decades ago by Managing Partner Brad Griswold, Corbenic oversees more than $1 billion in assets and boasts “extensive experience” in advising franchisee owners, as well as a holistic and “value-first” approach to client service. The firm will assume the Mariner name following a June 30 closing and continue operating with its current team of 8.
This will be Mariner’s 74th location nationwide, following three other 2022 acquisitions—Arbor Wealth Management, Emerson Wealth and Taylor Wealth Management Partners—and the opening of a new office in McLean, Va.,
Founded in 2006 with $300 million in assets under advisement, Mariner Wealth Advisors and its affiliates now advise on more than $60 billion in assets. It is among the fastest growing RIAs in the nation.
Advisor Growth Strategies, a Phoenix, Ariz.-based management consulting and M&A advisor, provided transaction advisory services to Corbenic Partners.