Mariner announced the acquisition of Cardinal Investment Advisors.
Mariner’s advisory assets will grow to $550 billion in the first quarter of 2025.
With offices in Chicago and St. Louis, Cardinal provides investment consulting services to insurance companies, as well as corporate retirement plans, healthcare systems, foundations, and endowments.
The agreement was signed on Jan. 3, 2025. The Mariner and Cardinal integration is expected to be completed by the end of March.
