Allied Business Group Expands Business Focus to Include RIA Merger and Acquisition Advisory

OVERLAND PARK, Kan., Oct. 31, 2017 /PRNewswire/ -- Allied Business Group, an Overland Park-based investment banking firm and a subsidiary of Mariner, today announced it is broadening its business to include advising registered investment advisory firms (RIAs) on merger and acquisition transactions, specifically focusing on succession planning. The firm has also been renamed Mariner Capital Advisors to better reflect its relationship with its parent company.

Mariner Capital Advisors will continue to provide investment banking, valuation and forensic advisory, and business advisory services to clients across a broad range of industries. It will also continue leveraging Mariner's national resources, technology and personnel to provide solutions to the unique challenges faced by business owners.

According to David Holzman, CFA®, president of Mariner Capital Advisors, "Our official expansion into RIA M&A advisory is a natural extension of the services we already provide to clients. I look forward to combining our M&A expertise with Mariner's insight into the RIA industry to help wealth advisors and asset managers throughout the country achieve their growth and succession planning goals."

"We are combining the process experience of David's team with the industry experience of Mariner," said Martin C. Bicknell, Mariner chief executive officer. "Mariner maintains a full pipeline of potential advisory firm partnerships. While not every organization is the right fit for our firm, we look forward to offering a solution to help these advisors and asset managers find the right fit through Mariner Capital Advisors."

Coinciding with the expansion in the firm's business focus is its renaming to Mariner Capital Advisors. According to Holzman, "Mariner has a great brand that is continuing to grow. Because we work with many of Mariner's advisors and clients, it makes sense to align our brand with that of the larger firm. Nothing about the services we provide or the clients we serve will change as a result of our rebrand."

About Mariner Capital Advisors
Mariner Capital Advisors was founded in 2002 as Allied Business Group with the mission of bringing unparalleled investment banking, valuation and forensic advisory, and business advisory services to middle market companies. Its diverse team of professionals provides solutions to the complex challenges and opportunities faced by business owners throughout the country.

About Mariner
Mariner is a rapidly growing and award-winning financial services firm focused on wealth and asset management through its partner firms. Mariner is the parent company of Mariner Wealth Advisors, a multidisciplinary wealth advisory firm that helps clients achieve their financial goals today, tomorrow and for years to come. Mariner is also the parent company of several asset management and advisory services firms.

SOURCE Mariner Capital Advisors