Mariner Acquires Taurus Asset Management to Strengthen Wealth Management Services for High-Net-Worth Clients

Mariner, a national financial services firm, has significantly bolstered its wealth management capabilities through the acquisition of Taurus Asset Management, a New York City-based firm specializing in high-net-worth individuals and professional athletes, with approximately $1.4 billion in assets under advisement. This strategic move not only expands Mariner's service offerings but also strengthens its position in the niche market of professional athletes and ultra-high-net-worth families. The acquisition is a testament to Mariner's commitment to expanding its footprint and enhancing its service delivery in the competitive wealth management industry.

Founded in 2004 by Brad Peck, Taurus Asset Management has carved out a reputation for providing tailored wealth planning and investment management services. Peck's extensive experience, particularly in advising professional athletes since 1996, brings a unique perspective and deep client relationships to Mariner. The acquisition is seen as a perfect alignment of values and client service approaches between the two firms. Marty Bicknell, CEO and president of Mariner, highlighted the strategic importance of the acquisition, noting the enhanced capabilities and expertise Taurus brings to the table.

The deal, which closed on May 31, 2025, integrates Taurus Asset Management into Mariner's brand, with the team continuing to operate from its Madison Avenue location. This merger is expected to offer clients a more comprehensive suite of services, including estate planning, tax preparation, and personal finance, under the Mariner umbrella. Brad Peck emphasized the benefits of the partnership, pointing to Mariner's scale and in-house expertise as key factors that will enable Taurus to elevate its service offerings without losing the personalized approach its clients value. For more information on Mariner's services, visit https://www.marinerwealthadvisors.com.

The implications of this acquisition are significant for the New York City metro area's financial landscape. By combining Mariner's national resources with Taurus's specialized local expertise, the merger creates a formidable entity capable of addressing complex wealth management needs. This move reflects a broader trend in the industry where firms are consolidating to offer more integrated services, particularly for high-net-worth clients who require sophisticated financial planning. The retention of Taurus's Madison Avenue office ensures continuity for existing clients while leveraging Mariner's broader infrastructure.

This acquisition matters because it enhances service delivery in a competitive market, potentially setting a benchmark for personalized wealth management in urban centers. Clients of both firms stand to benefit from expanded resources and expertise, while the merger underscores the importance of niche specialization in attracting and retaining affluent clients. The deal also highlights the strategic value of New York City as a hub for wealth management, where firms can tap into concentrated networks of high-net-worth individuals and professional athletes.