Mariner Wealth Advisors, an Overland Park, Kansas-based registered investment advisory firm with almost $46 billion in assets under advisement, will acquire Channel Islands Group, a Ventura, California-based RIA managing $277 million.
The terms of the deal, which will close Aug. 31, were not disclosed.
Channel Islands Group was founded in 2014. In addition to its wealth advisory business, it also operates an estate planning business.
The approval of the pay proposal, which handsomely compensates its CEO and president, bolsters claims that big payouts are a must in the war to retain leadership.
Integrated Partners is adding a husband-wife tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.
Futures indicate stocks will build on Tuesday's rally.
Cost of living still tops concerns about negative impacts on personal finances
Financial advisors remain vital allies even as DIY investing grows
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
