Mariner Wealth acquires $700 million RIA
![$700 million](https://s32566.pcdn.co/wp-content/uploads/2021/10/Merging-MA-aquisition-1-951x634.jpg.optimal.jpg)
Barley Mill Asset Management is based in Wilmington, Delaware; the Delaware office will remain under the leadership of Paul Dorsey, who founded Barley Mill more than a decade ago.
Mariner Wealth Advisors, an Overland Park, Kansas-based wealth advisory managing more than $50 billion, has acquired Barley Mill Asset Management, a Wilmington, Delaware-based registered investment advisory firm managing $700 million.
Barley Mill assumed the Mariner Wealth Advisors name when the deal closed. The Wilmington office remains under the leadership of Paul Dorsey, who founded Barley Mill more than a decade ago.
This is Mariner’s eighth deal since July. In April, it sold a minority stake to private equity investor Leonard Green & Partners.
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