The financial services industry is witnessing a notable shift towards independent advisory models, with Mariner at the forefront of this transformation. The firm's Mariner Independent platform, which supports over 1,100 advisors managing approximately $40 billion in assets, is expanding its leadership team to cater to the growing demand for flexible affiliation models and long-term monetization pathways. This strategic move underscores the industry's evolving landscape, where advisors seek autonomy without sacrificing support and scalability.
Rob Sandrew has been appointed as the Head of Mariner Independent, bringing his extensive experience in operational and strategic leadership to guide the platform's innovation and expansion. Joining him is Verne Marble as Managing Director, whose expertise in distribution and leadership further strengthens the platform's capabilities. These appointments are timely, as Mariner Independent continues to attract advisors looking for comprehensive support, including back-office services, practice management, and investment solutions, all backed by a team of over 300 professionals.
The significance of these developments cannot be overstated. With the acquisition of Ocean Heights Advisors and the introduction of appealing buyout options for 1099 advisors, Mariner is setting a new standard for independent advisory services. These initiatives not only provide advisors with the freedom to run their businesses as they see fit but also offer viable succession solutions and monetization opportunities. This approach is resonating with growth-minded professionals, as evidenced by the platform's robust growth since its launch in 2020.
Marty Bicknell, CEO and president of Mariner, highlights the platform's success as a clear indicator that the independent model is working. The addition of Sandrew and Marble to the Mariner Independent Executive Committee is poised to further elevate the platform's offerings, ensuring it remains a leading destination for advisors seeking independence without isolation. This evolution reflects broader industry trends towards flexibility, support, and innovation, making Mariner's latest moves a critical development for advisors and the financial services sector at large.
