Mariner Expands Wealth Management Services with Acquisition of Taurus Asset Management
TL;DR
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.
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Mariner, a national financial services firm, has acquired Taurus Asset Management, a New York City-based wealth management firm, in a move that significantly expands its assets under advisement by $1.4 billion. This acquisition is particularly notable for Mariner's enhanced ability to serve professional athletes and high-net-worth individuals, a niche Taurus Asset Management has specialized in since its founding in 2004 by Brad Peck.
The integration of Taurus Asset Management into Mariner brings a wealth of expertise in managing complex financial needs, including estate planning, tax preparation, and investment management. Marty Bicknell, CEO and president of Mariner, highlighted the strategic value of this acquisition, noting the unique perspective and long-standing relationships Taurus brings to the table. This deal not only broadens Mariner's service offerings but also strengthens its position in the competitive wealth management industry.
For clients of both firms, the merger promises an elevated level of service, combining Mariner's scale and in-house expertise with Taurus's personalized approach. The deal, which closed on May 31, 2025, marks a significant step forward in Mariner's mission to provide comprehensive financial solutions tailored to the sophisticated needs of ultra-high-net-worth families.
Curated from News Direct
