Transactions

Taylor Wealth Management Partners Has Been Acquired By Mariner Wealth Advisors

New York, NY, June 2, 2022– Park Sutton Advisors, LLC (“PSA”) is pleased to have represented Taylor Wealth Management Partners, LLC (“TWMP”) on its acquisition by Mariner Wealth Advisors (“Mariner”), a leading registered investment adviser (“RIA”) headquartered in Overland Park, KS with over $55 billion in assets. TWMP, headquartered in Boston, Massachusetts, serves more than 100 families and brings talented young partners to Mariner. This acquisition is the latest in a series of moves to bolster Mariner’s presence along the East Coast. Terms of the transaction were not disclosed.

“My 50 years of experience in this business allows me to say confidently that this partnership is the best next step for Taylor Wealth to continue assisting its clients in rapidly changing financial markets,” said Hugh Taylor, managing partner of TWMP. “Joining Mariner Wealth Advisors will broaden opportunities, not only for our clients, but for our advisors as well. We are delighted to join such an established firm, particularly as Mariner’s ethos stresses that the ‘client comes first’. We have always said that it is the client’s money, not ours.”

“Mariner Wealth Advisors continues to invest in and expand its bench of exceptional talent with the addition of Taylor Wealth Management Partners,” said Marty Bicknell, CEO and president of Mariner Wealth Advisors. “The team’s collective experience, knowledge, and commitment to serving clients with excellence will no doubt make them a natural addition to the Mariner family.”

Dan Erichson, CFA, a Park Sutton Advisors Director, who led the transaction, said, “Next-Gen leadership at TWMP have distinguished backgrounds and credentials, are among top young talent in the industry, and undoubtably will be valued contributors as Mariner continues to expand its New England presence.” Steven Levitt, Founder of Park Sutton, added, “I first met Hugh 20 years ago. Having developed a relationship with the team and him over many years, it is so gratifying to see them find their partner of choice, and we wish them all the best in this next chapter.”

McCarter & English, LPC served as legal counsel and Andersen Tax as Tax Advisors for TWMP in the transaction.