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.
