Mariner Wealth Advisors has expanded its national footprint with the acquisition of Bloomfield Hills, Michigan-based Heber Fuger Wendin Investment Advisors, bringing an additional $8.6 billion in assets under management. This strategic acquisition allows Mariner to serve a previously untapped niche of community banks and credit unions, complementing its growing roster of clients across the Midwest and southern United States, including insurance companies, hospitals, foundations, and manufacturers.
Founded in 1934, HFW is one of the most established registered investment advisors in the U.S., led by President and CEO Dave Barnes. The firm’s services include bank and credit union investment advisory, asset liability management, mortgage servicing rights valuation, financial planning, and other consulting solutions. HFW has now assumed the Mariner Wealth Advisors name and continues operating with its existing 11-person team. This acquisition marks Mariner’s 75th location nationwide and reinforces its capabilities in niche advisory services while contributing to its $60 billion in assets under advisement…