Curated News
By: NewsRamp Editorial Staff
December 04, 2024

Mariner Acquires Atlas Financial and Newport Advisory, Adding $878 Million in Assets Under Management

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Source News Release

TLDR

  • Mariner's acquisition of Atlas Financial and Newport Advisory brings the firm a combined total of approximately $878 million assets under management, giving them a significant advantage in the financial services industry.
  • Atlas Financial excels in asset management, business continuity, and wealth transfer strategies, while Newport Advisory takes a holistic approach to financial planning, offering comprehensive, tailored guidance.
  • The acquisitions strengthen Mariner's capabilities and national presence, allowing them to provide enhanced support and solutions to clients, ultimately prioritizing their unique needs and aspirations.
  • Mariner's vision of growing to 5,000 advisors by 2027 takes another step forward with the acquisitions of Atlas Financial and Newport Advisory, marking a transformative new chapter for the firm.

Impact - Why it Matters

This news matters as it demonstrates Mariner's commitment to expanding its presence and capabilities, which will ultimately benefit clients in Sarasota, Newport Beach, and nationwide. The acquisitions also signify Mariner's strategic growth plan of reaching 5,000 advisors by 2027, indicating positive momentum and potential opportunities for clients and the financial services industry.

Summary

Mariner, a leading national financial services firm, has acquired Atlas Financial and Newport Advisory, bringing the firm a combined total of approximately $878 million assets under management. The acquisitions will grow Mariner’s national footprint to 126 offices nationwide and establish the firm’s second offices in both Sarasota and Newport Beach. The addition of these firms strengthens Mariner’s capabilities and aligns with its vision of growing to 5,000 advisors by 2027.

Source Statement

This curated news summary relied on this press release disributed by News Direct. Read the source press release here, Mariner Acquires Atlas Financial and Newport Advisory, Adding $878 Million in Assets Under Management

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