Nov 13, 2018
Mariner Wealth Advisors, a national wealth advisory firm ranked in the top three on Barron's list of Top RIA Firms in 2018, 2017 and 2016, announced it is acquiring Patriot Wealth Management, Inc. (Patriot).
Located in Houston, Texas, with nearly $2 billion in assets, Patriot is a wealth advisory firm dedicated to delivering personalized financial planning services to a wide range of clients. The firm was founded in 2004 and is managed by shareholders Todd Hanslik, Anna Jones, Bill Murski, Jeff Swantkowski and Dana Weinstein. The partnership with Mariner Wealth Advisors will provide Patriot’s wealth advisors with additional support in multiple areas, including risk management, estate planning and trust services, and tax planning and preparation.
"Joining Mariner Wealth Advisors allows us to reallocate time spent on back-office functions and refocus our efforts on our valued clients,” said Todd Hanslik, co-founder and principal of Patriot. “Mariner Wealth Advisors shares our client-first mentality. We are excited to tap into their deeper and broader pool of resources to better serve existing and prospective clients.”
With a mission of serving as an advocate to help individuals and families achieve their long-term financial goals, Mariner Wealth Advisors supports advisory teams with a dedicated investment committee and business development team, as well as back-office support related to human resources, operations, finance, information technology, marketing, legal and compliance. This allows advisors to focus solely on working with clients.
"I am thrilled to welcome Patriot to the Mariner Wealth Advisors family,” said Marty Bicknell, chief executive officer and president of Mariner Wealth Advisors. “I met Todd close to 10 years ago at a Fidelity event and was immediately impressed with his leadership quality. He also has close ties to two of our senior leaders, Kevin Corbett and Brian O’Regan, who lead our inorganic growth efforts. Looking at the advice and service Patriot offers to clients, I have a great deal of respect for what the team at Patriot has built. It’s a natural fit for Mariner Wealth Advisors.”
The partnership with Patriot is the latest development in Mariner Wealth Advisors' growth strategy. Patriot will become part of Mariner Wealth Advisors effective Jan. 1, 2019. Mariner Wealth Advisors currently has 26 locations in 19 states, more than 125 wealth advisors and over 500 associates.
Mariner Wealth Advisors is a national wealth advisory firm that provides wealth advice focused on meeting client needs. Founded in 2006 with $300 million in assets under advisement, Mariner Wealth Advisors has grown to over $23 billion. The firm's mission is to help clients and their families navigate their financial future, charting a course to achieve their goals today, tomorrow and for years to come.
Patriot Wealth Management, Inc. is a comprehensive financial management firm and an SEC registered investment adviser that has been providing objective financial advice and tailoring recommendations to clients’ specific financial situations since 2004. The firm was co-founded by Todd Hanslik and Jeff Swantkowski.