Mariner Expands Financial Services Strategy with Ocean Heights Advisors Integration
TL;DR
Transitioning Ocean Heights enhances Mariner's partnership growth opportunities, offering expanded benefits and reinforcing top-notch financial advisory services.
By integrating fully into Mariner, advisors ensure seamless client relationship transfer, team collaboration improvement, and best-in-class financial advisory services delivery.
The Ocean Heights transition showcases a commitment to long-term business continuity, founder's legacy preservation, and enhanced client service for a better tomorrow.
Mariner's strategic transition with Ocean Heights highlights accelerated growth, expanded offerings, and a natural evolution towards greater client value and personal relationships.
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Mariner Wealth Advisors has completed a strategic transition with Ocean Heights Advisors, a Newport Beach-based wealth management firm with $730 million in assets under advisement. The move exemplifies a novel approach to financial advisory firm succession that ensures seamless client service and business continuity.
The integration, effective April 1, 2025, follows a three-year partnership that began in 2022. During this period, Ocean Heights leveraged Mariner's operational support while maintaining independence, nearly doubling its assets under advisement. All current Ocean Heights team members, including founders Kevin O'Grady and Nella Webster, will continue in their roles.
Ocean Heights partners Kevin Barlow, Danielle Bronner, and Kara Devar will become Mariner shareholders, with Barlow leading the expanded Newport Beach operations. This approach provides a structured pathway for next-generation leadership and ownership transitions within financial advisory practices.
Marty Bicknell, Mariner's CEO and president, emphasized that the transition signals exciting opportunities for independent financial advisors. The strategy allows firms to maintain independence initially while benefiting from comprehensive operational support, with a clear pathway to full integration when appropriate.
For clients, the transition offers enhanced security, expanded service capabilities, and continued personalized relationships. Ocean Heights' partners view the full integration as a natural evolution that will allow them to provide greater value while maintaining their commitment to high-touch client service.
Curated from News Direct
