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.
“Mariner Wealth Advisors has made 19 acquisitions in the last 12 months, and we’re continuing to push toward our goal of adding 100 advisors in 2022 with no plans to slow down," said Mariner President and CEO Marty Bicknell. "In evaluating firms, we’re focused less on geography and more on talent and partnering with the right advisors. Key areas of focus are if the firm has trained and developed talent beyond the founder, and if we can help them grow personally and professionally. Most importantly, and I can’t stress this enough, one of our top considerations is ensuring they are a fit culturally.”
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 eight.
Corbenic Partners Managing Partner Brad Griswold
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-based management consulting and M&A advisor, provided transaction advisory services to Corbenic Partners.