Firm Info
Firm Size
Services Offered
- Other
Available Fee Structures
- Other
Mariner Wealth Advisors Overview
Mariner Wealth Advisors is an investment advisory firm that offers fee-based services to its clients. The firm has its headquarters in Overland Park, KS, and has been providing investment advisory services since 2017. As a registered investment advisory firm, Mariner Wealth Advisors focuses solely on providing investment advice to its clients. In addition to investment advisory services, Mariner Wealth Advisors also offers referral services to prospective clients via Mariner, LLC. This service provides individuals with valuable insights into the advisory industry as a whole, increasing their chances of making informed investment decisions. Overall, Mariner Wealth Advisors is a promising advisory firm in the industry, with its commitment to providing fee-based, investment-only advice reflecting a high level of professionalism. The firm's reputation and expertise in the industry make it an ideal choice for individuals and businesses seeking sound investment advice.
Mariner Wealth Advisors prides itself on serving a diverse range of clients, including individuals, families, business owners, and institutions. Their team of experienced advisors is well-equipped to provide comprehensive financial planning and investment management services that meet the unique needs of each client. They understand that financial goals and circumstances are varied and complex, and their mission is to provide personalized solutions that help clients achieve their goals. When it comes to fee structures, Mariner Wealth Advisors offers a variety of options depending on the service provided. Some clients may prefer a fee-based model, where compensation is based on a percentage of assets under management. Others may prefer hourly or project-based fees for specific financial planning needs. Additionally, certain investment products may have associated fees, such as mutual funds or exchange-traded funds. It is important to note that all fees and compensation are transparent and disclosed upfront to clients, and the team at Mariner Wealth Advisors prioritizes open communication and full transparency throughout the entire financial planning process.
Typical Clients, Fee Structures & Investment Minimum
The Part 2 Brochure for Mariner Wealth Advisors does not mention an investment minimum. However, it is important to note that the firm does not provide investment advice nor manage assets for any type of client. Instead, Mariner Wealth Advisors provides referral services to MWA through the introduction of prospective clients. These clients can include individuals (including high net worth individuals), pension and profit sharing plans, corporations, and businesses.
How This Office Can Help New London, NH Residents
Mariner Wealth Advisors is committed to assisting clients in New London, NH, to achieve their financial goals through customized investment strategies and sophisticated financial planning services. Whether a client is looking for retirement planning, wealth management, tax planning, or estate planning, Mariner's team of experienced advisors provides tailored solutions to meet every financial need. Residents of New London, NH, might face a variety of financial challenges, including fluctuating markets, changing tax laws, and personal circumstances that impact their long-term financial security. Mariner Wealth Advisors works with clients to build comprehensive financial plans that account for these variables and offer practical solutions to protect and grow their wealth over time. With the support of Mariner's expert advice and guidance, clients in New London, NH can rest easy and focus on enjoying the best things in life without financial worries holding them back.
Services Offered by Mariner Wealth Advisors
Core Advisor Services
Financial Planning
Financial planning services encompass the process of devising strategies for your future financial well-being, including preparing for events such as retirement, funding your child's college education, or planning for the transfer of assets.
Portfolio Management for Individuals & Small Businesses
Portfolio management entails the careful selection and strategic management of investment combinations tailored to meet the needs of individuals and small businesses.
Market Timing Services
Market timing services involve the endeavor to generate short-term profits from investments by capitalizing on opportunities to buy at low prices and sell at high prices.
Other Services
Selection of Other Advisors
The firm provides support in selecting and engaging other advisors who possess specialized expertise to complement your financial needs.
Publication of Periodicals or Newsletters
The firm engages in the dissemination of diverse financial educational materials through the publication of periodicals.
Educational Seminars & Workshops
The firm organizes and conducts seminars or workshops aimed at enlightening investors on various financial concepts.
Fee Structures
Financial advisory fees usually are based on the services provided. Fee types charged by Mariner Wealth Advisors most likely consist of the following fee types: asset-based, hourly or fixed. Wrap fee programs, or the practice of bundling services for a single fee, are not offered by the firm.
Available
Other
Firms occasionally offer unconventional fee structures when charging clients. For more detailed information about a firm’s specific fee structures, please refer to their Form ADV and Part 2 Brochure.
Unavailable
Percentage of Assets Under Management (AUM)
This fee structure charges a percentage of the assets under management by the firm. Fee structures are often tiered based on the amount of assets managed, with higher AUM often charged a lower rate.
Between 0.50% and 2.00% of assets under management (annually), often lower for a robo advisor. Fees are typically charged quarterly by the firm and will show on your investment statement. View typical advisor costs here.
~96% of registered firms offer this fee structure.
If you have $1 million managed by a firm at a 1% management fee, you would be charged $10,000/year to manage your assets (or $2,500 per quarter). This would be automatically deducted from your investment portfolio.
Hourly
Similar to an attorney, a financial consultant might charge fees based on hourly rates. This fee structure can be advantageous when seeking specific or ad hoc advice.
Charges generally span from $150 to $400 per hour, depending on the extent of the services required.
~33% of registered firms offer this fee structure.
If you needed hourly consulting to sell a business or transfer your estate to your children but did not want your assets managed by a firm, you could consult a firm at an hourly rate to answer any questions you may have.
Subscription (Newsletter or Periodical)
Fixed Fees (Other than subscription)
Fixed fees are a one-time, lump-sum payment rendered for a specific service, such as creating a financial plan without ongoing management or implementation. This option is beneficial if you solely require guidance for a particular objective rather than a long-term consultancy or asset management.
Fixed fees for creating a financial plan often range from $1,000 to $3,000.
~49% of registered firms offer this fee structure.
If you did not want a firm to manage your assets but needed to create a retirement plan, life transition plan such as divorce or loss of a spouse, estate transition plan, business financial plan, or any other financial planning, you could consult with an RIA firm to help you with the creation of that plan.
Commissions
Occasionally, advisors are compensated through commissions by selling certain financial products, such as mutual funds or life insurance policies, or as a broker-dealer by facilitating the buying and selling of securities. Advisors who receive commissions may be incentivized to make specific suggestions to clients in order to secure a commission. Advisors who operate on a fee-only basis do not earn commissions, whereas fee-based advisors may do so.
Often 3% - 6% of the value of the security.
Only ~3% of registered firms say they offer this fee structure, but other advisors may receive “soft dollars”. Many mutual funds charge 12b-1 fees to cover the promoting and selling of the fund’s shares. While your advisor does not charge these fees, they may receive a kickback for recommending the investment.
An advisor selling their client on a life insurance policy and receiving a commission on the sale of that policy, or recommending a specific investment and receiving a kickback for that recommendation.
Performance-based Fees
Advisors typically obtain performance-based fees if a portfolio surpasses a predefined benchmark. This fee is determined through various methods, but is most commonly assessed as a percentage of investment gains. Performance-based fees may incentivize advisors to undertake riskier decisions in pursuit of generating higher returns.
“Two and Twenty” is common among hedge funds with a 2% management fee and a 20% incentive fee above the “hurdle rate,” or performance threshold the fund is compared against.
32% of registered firms offer this fee structure.
A hedge fund earns a 15% return with a 20% performance fee in above the performance of the S&P 500, which grew 7% that same year.
20% of fund growth in excess of S&P 500’s 7% growth for that year = 15% hedge fund growth - 7% S&P 500 growth = 8% difference x 20% = 2% performance fee (in addition to the management fee).
This Office Location
Other Office Locations
Firm Headquarters
This firm has no other locations.
State Registrations
Mariner Wealth Advisors is registered to service clients in the following states:
- Florida
- Iowa
- Kansas
- Minnesota
- Missouri
- Nebraska
- Pennsylvania
- South Dakota
- Texas
- Wisconsin
Disciplinary History
Mariner Wealth Advisors does not have any disclosures. Please visit it's Form ADV for more details.