Mariner Wealth Advisors Madison, LLC (Overland Park)

Name: Mariner Wealth Advisors Madison, LLC
Address: 5700 W. 112 Th Street, Overland Park, KS, 66211
Telephone: 913-904-5700

Mariner Wealth Advisors Madison, LLC is a large advisory firm based in Overland Park. It manages $1.05 billion of regulatory assets for 1,308 client accounts. It has been registered with the SEC as an adviser since 2015 and has operated in the jurisdictions of Arizona, California, Colorado, and 16 other states.

Mariner Wealth Advisors Madison provides financial planning services, portfolio management for individuals and small businesses, portfolio management for businesses and institutional clients, selection of other advisers, and publication of newsletters. It prepares financial plans for more than 499 clients. On top of advisory services, the firm doesn't engage in other business activities.

Mariner Wealth Advisors Madison: assets under management

The assets under management (AUM) of Mariner Wealth Advisors Madison, LLC is $1.05 billion, all of which is managed in discretionary accounts. The firm's AUM has grown by 24% since the beginning of its operation, and the company doesn't manage any assets belonging to foreign clients.

The firm manages $1.05 billion in discretionary accounts. On average, the discretionary accounts where all decisions are made on behalf of the client hold $803.42 thousand each.

Mariner Wealth Advisors Madison has custody of $397.42 million in cash and securities for 154 clients in total but doesn’t act as a qualified custodian.

Investments

The firm invests in exchange traded securities the most. They account for 45% of the total AUM. The second-largest asset type is investment and business development companies, which make up 38% of the firm’s portfolio. Investments in state and local bonds form 12% of the total invested assets.

Fees & Commissions

The advisory firm has several streams of revenue. Clients pay Mariner Wealth Advisors Madison, LLC for their services and products based on a percentage of assets under management, hourly charges, and fixed fees. Hourly charges are usually charged for consulting work and special projects. These fees don’t include brokerage commissions, interest, taxes, and other account expenses.

What kind of clients Robert John Diquollo serves?

The firm provides services to individuals, charitable organizations, high net worth individuals, and corporations or other businesses. The largest group of clients of Robert John Diquollo is high net worth individuals with 253 clients and $861.12 million of assets under management. Among the 7 most similar advisory firms, Mariner Wealth Advisors Madison has the 2nd highest percentage of high net worth individuals out of all clients.

The amount of regulatory assets under management is $1.05 billion for 520 clients that can include trusts, estates, and 401(k) plans and IRAs of individuals and their family members. None of the firm’s clients are foreign persons or businesses.

Mariner Wealth Advisors Madison doesn't advise any private funds.

Careers at Mariner Wealth Advisors Madison, LLC

The company employs 22 people that are either part- or full-time employees. 50 percent of the employees work as investment advisers or researchers. 11 employees are registered as investment adviser representatives with the state securities authorities.

There isn’t anyone with the role of looking for and bringing in new clients on behalf of the firm. The firm compensates employees in addition to the salary for bringing in new clients. Employees don’t receive compensation from other entities for client referrals.

Robert John Diquollo has been acting as President since 1 Oct 2012. Katrina Delores Scott has served as the Chief Investment Officer since 1 Jan 2018. Anne Jenelle Dorian joined the executive team most recently as the Chief Compliance Officer.

Direct owners and executive officers

Name	Entity	Date acquired	Ownership	Employer ID
Cheryl Renee Vohland	Chief compliance officer	1 Oct 2012	Other	4906804
Inc. Brinton Eaton Associates	Member	1 Oct 2012	25% - 50%	22-2895259
Robert John Diquollo	President	1 Oct 2012	Other	4331182
Martin Christopher Bicknell	Chairman	1 Oct 2012	Other	2007121
Llc Mariner Wealth Advisors	Managing member	1 Dec 2012	50% - 75%	140195
Cheryl Bicknell	Chief strategy officer / chief operating officer	1 Sep 2013	Other	4906804
Mark Andrew Caplinger	Chief investment officer	1 Sep 2014	Other	5954000
Robert John Diquollo	Chief executive officer	1 Jan 2015	Other	4331182
Robert J Crigler	President	1 Feb 2015	Other	6777041
Karen Leigh Sandnes	Vice president of operations	1 Jan 2016	Other	4883814
Katrina Delores Scott	Chief investment officer	1 Jan 2018	Other	4895248
Anne Jenelle Dorian	Chief compliance officer	1 Jan 2018	Other	5736231

Indirect Owners

The SEC currently registers 5 indirect owners.

Name	Entity	Date acquired	Ownership	Employer ID
Robert John Diquollo	President	1 Oct 1988	50% - 75%	4331182
Martin Christopher Bicknell	Elected manager	1 Jul 2007	Other	2007121
Llc Bicknell Family Holding Company	Member	1 Apr 2008	75% - 100%	26-0534255
Martin Christopher Bicknell	Elected manager	1 Apr 2008	Other	2007121
Llc Mariner Holdings	Managing member	1 Sep 2008	75% - 100%	26-2766689

Based in Overland Park

The principal office where Mariner Wealth Advisors Madison, LLC performs its advisory services is located at 5700 W. 112 Th Street, Overland Park, KS 66211, which is also the mailing address of the firm. An additional office of the firm is in Madison, NJ. It doesn’t run an office outside of the United States.

You can reach the main office by calling the phone number 913-904-5700 or by fax 913-904-5701. The normal business hours are 8:00am - 5:00pm on Monday - Friday. You can find more information about the New York firm at marinerwealthadvisors.com.