Curated News
By: NewsRamp Editorial Staff
June 03, 2025
Mariner Acquires Taurus Asset Management, Expanding Wealth Services
TLDR
- Mariner's acquisition of Taurus Asset Management enhances its competitive edge by expanding services to professional athletes and high-net-worth individuals with $1.4 billion in assets.
- The acquisition integrates Taurus Asset Management's specialized wealth planning and investment management services into Mariner's comprehensive financial advisory framework, closing on May 31, 2025.
- This partnership between Mariner and Taurus Asset Management aims to improve financial well-being for high-net-worth families and athletes, fostering long-term wealth and generational planning.
- Discover how Mariner's strategic acquisition of Taurus Asset Management brings together expertise in athlete wealth management and comprehensive financial services under one roof.
Impact - Why it Matters
This acquisition is a game-changer for high-net-worth individuals and professional athletes seeking comprehensive financial services. By combining Mariner's national reach with Taurus Asset Management's specialized expertise, clients can now access unparalleled wealth management solutions. This merger underscores the importance of specialized financial planning in today's complex economic landscape, offering clients a more integrated and personalized approach to managing their wealth.
Summary
Mariner, a national financial services firm, has significantly bolstered its portfolio by acquiring Taurus Asset Management, a New York City-based wealth management firm with approximately $1.4 billion in assets under advisement. This strategic move not only expands Mariner's footprint in the financial services sector but also enhances its capability to serve professional athletes and high-net-worth individuals with tailored wealth planning and investment management services. Founded in 2004 by Brad Peck, Taurus Asset Management brings to Mariner a wealth of experience in managing complex financial needs, including estate planning, tax preparation, and personal finance, making it a perfect fit for Mariner's client-first approach.
The acquisition, which closed on May 31, 2025, marks a new chapter for both firms, with Taurus Asset Management adopting the Mariner name and branding while continuing to operate from its Madison Avenue location. The deal was facilitated by Houlihan Lokey, acting as the exclusive financial advisor to Taurus Asset Management. This partnership is set to elevate the level of service provided to ultra-high-net-worth families, leveraging Mariner's scale and in-house expertise to meet the sophisticated needs of its clients. Learn more about this transformative acquisition at Mariner's website.
Source Statement
This curated news summary relied on content disributed by News Direct. Read the original source here, Mariner Acquires Taurus Asset Management, Expanding Wealth Services
