Mariner Holdings has formed Mariner Retirement Advisors, a firm focused on providing 401(k) advisory services to plan sponsors throughout the country.
The Leawood, Kansas-based advisory firm combines its current retirement services division with the former retirement team from SageView Advisory Group's Kansas City office to create Mariner Retirement Advisors.
"Employees are increasingly relying on their employer-sponsored retirement plans to fund their retirement and help them achieve their long-term goals," said Martin C. Bicknell, chief executive officer of Mariner Holdings, in a statement. "The launch of Mariner Retirement Advisors puts us in an ideal place to advise plan sponsors on a wide range of issues, including plan design, investment selection, asset allocation and fiduciary concerns."
The new nine-member Mariner Retirement Advisors team will combine David Stofer, Mark Nothnagel and their team from SageView Advisory Group with Mariner's existing 401(k) practice, which is led by Tim Helsel. The former SageView Advisory Group team brings more than 50 years of retirement plan services experience to Mariner.
Together, the new combined team has managed more than 150 client relationships and more than $3 billion in assets, according to the press release.