Mariner Wealth Advisors, a national wealth advisory firm, has entered into a binding agreement to acquire Allegiant Private Advisors, of Sarasota. Mariner Wealth Advisors has a rapidly-growing national footprint with more than 360 advisors across 46 offices, and has completed 23 acquisitions since its inception. This will be the advisory firm’s third office in Florida.

“We are always seeking to expand our advisor pool with the best and brightest talent, which is why we’re thrilled to welcome such an established group of individuals from Allegiant Private Advisors,” said Marty Bicknell, CEO and president of Mariner Wealth Advisors. “Allegiant’s unique approach to financial planning and full scale of services are completely aligned with our business goals, and I’m excited to see what we can accomplish together.”

Allegiant Private Advisors serves nearly 500 clients with nearly $1 billion in assets under management. “Mariner Wealth Advisors’ values directly align with our approach to establishing long-term partnerships with our clients, and we’re thrilled to be a part of the team and expand our reach throughout the state of Florida,” said Marty Kossoff, founder of Allegiant Private Advisors.

Allegiant Private Advisors will assume the Mariner Wealth Advisors’ name when the deal closes on July 31. This is the first acquisition since Mariner Wealth Advisors announced the sale of a minority stake in the company to Leonard Green & Partners. The firm plans to further expand this presence with the addition of seasoned wealth advisors.