Private Advisor Group Acquires Mariner's $31 Billion Platform Business
Private Advisor Group (PAG) has acquired Mariner Advisor Network, a division of Mariner with $31 billion in assets and 367 advisors. The acquisition marks PAG's largest in its 30-year history and expands its assets under management to over $41 billion. The deal includes a hybrid RIA structure for some advisors and strengthens PAG's partnership with LPL Financial.
Topics: acquisition LPL Financial Mariner Advisor Network Private Advisor Group RIA wealth management