Mariner Adds $878 Million in Assets Under Management, Completes Acquisitions of Atlas Financial and Newport Advisory

December 04, 2024 at 10:15 AM EST

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Mariner, a leading national financial services firm, today announced it has acquired Sarasota, Fla.-based Atlas Financial and Newport Beach, Calif.-based Newport Advisory in a pair of deals that will bring the firm a combined total of approximately $878 million assets under management.

The acquisitions of Atlas Financial and Newport Advisory grow Mariner’s national footprint to 126 offices nationwide and establish the firm’s second offices in both Sarasota and Newport Beach. In deepening its presence in these key markets, Mariner takes another step toward its vision of growing to 5,000 advisors by 2027.

“As we welcome Atlas Financial and Newport Advisory to the Mariner family, we’re reinforcing our commitment to meeting clients where they are, both geographically and in their unique financial journeys,” said Marty Bicknell, CEO and president of Mariner. “These firms bring a wealth of expertise and a client-first ethos that perfectly align with our values. Their addition strengthens our capabilities while underscoring our belief that true growth comes from building strong, meaningful relationships—both with our clients and within our team.”

Marty Bicknell, CEO and President of Mariner

With over 25 years of experience, Atlas Financial excels in asset management, business continuity and wealth transfer strategies. Known for its "Serve First" philosophy, the firm emphasizes building long-term client relationships while offering tailored services such as retirement, estate, education, and business succession planning. Serving business owners and retirees, both current and future, the Atlas team focuses on addressing its clients' most critical priorities, relationships and goals.

"At Atlas Financial, we’re dedicated to helping our clients navigate their unique journeys—whether they’re focused on building wealth, preserving it, or simply enjoying the fruits of their labor,” said Orion Marx, founder of Atlas Financial. “Joining forces with Mariner unlocks a wealth of resources, expertise, and services that will enhance our ability to support our clients and their businesses every step of the way. Ensuring their success remains our top priority, and I’m thrilled to embark on this next chapter as part of the Mariner family.”

Founded in 1995 by Jim Regitz, Newport Advisory takes a holistic approach to financial planning, incorporating every aspect of a client’s financial life to create strategies that align with their goals and values. From retirement and education planning to tax strategies and liability management, Newport and its 12-person team offer comprehensive, tailored guidance, addressing clients’ needs today while building a foundation for tomorrow.

“Joining Mariner marks a transformative new chapter for Newport Advisory,” said Founder Jim Regitz. “This partnership not only strengthens our ability to serve our clients but also opens the door to unparalleled resources and expertise that will elevate the level of care and solutions we deliver. While we embrace this exciting evolution, our commitment to a holistic, client-centric philosophy remains steadfast, ensuring that every decision we make continues to prioritize the unique needs and aspirations of those we are privileged to serve."

Dalphia Partners served as the exclusive financial advisor to Atlas Financial in this transaction. Following the December 2 closing, both firms adopted the Mariner name and continue to operate with their existing teams in place. Atlas marks Mariner’s eighth office in Florida, while Newport Advisory becomes the firm’s 19th location in California.

To learn more, visit mariner.com.

About Mariner

Mariner is a privately held national financial services firm equipped with the experience to meet your modern wealth needs. Our advisors have access to in-house expertise covering everything from tax, estate, trust, and insurance to investment banking and valuation, so they can maximize time spent creating unified wealth plans with clients. By opening more windows of wealth, we create opportunities to positively impact the lives of many. With this purpose, we intend to raise the bar for the entire industry. Founded in 2006 with $300 million in assets under advisement, Mariner and its affiliates now advise on over $253 billion in assets as of 9/30/24. Learn more at www.mariner.com.