Mariner Announces Two Acquisition Deals, Adds $1.7B in Assets

Mariner announced it has acquires Forté Capital LLC and Ultra Financial Partners, which together will add $1.7 billion in assets under advisement. Photo credit: Shutterstock (TippaPatt).

Posted August 22, 2025

Overland Park-based wealth management group Mariner has announced a dual acquisition of Forté Capital LLC and Ultra Financial Partners.

Combined, the Rochester, New York-based Forté Capital and Scottsdale, Arizona-based Ultra Financial Partners add approximately $1.7 billion in assets under advisement to Mariner. The Forté and Ultra deals will close on August 31 and September 30, respectively. Following the deal’s closure, both firms will adopt the Mariner name and branding, according to a release.

Founded in 1996, Forté provides portfolio management and wealth planning services to nonprofits, individuals, families and institutions with clients in over 20 states. The acquisition will mark a presence in Rochester for Mariner, and is the firm’s second location in upstate New York and fifth in the state.

Forté’s team of 13 advisors and 16 total associates will continue serving clients from Forté Capital’s existing Rochester location under the Mariner name.

Established in 2021, Ultra Financial Partners specializes in advising federal employees, physicians and business owners, as well as individuals and families. The firm has a team of four who will integrate offices with one of Mariner’s two existing locations in Scottsdale, maintaining its four offices in the state.

“The Forté Capital team will continue to thrive under the Mariner name and contribute immediately to the growth of our organization,” CEO and president of Mariner, Marty Bicknell, said in the release. “Likewise, Ultra Financial’s expertise in blending private and public investment strategies, paired with its niche of servicing federal employees, introduces a distinctive edge to Mariner’s suite of capabilities. We are honored to welcome each of these passionate and dedicated teams to the Mariner family.”

In June, Mariner acquired New York City-based Taurus Asset Management with over $1 billion in assets. Before that, Mariner announced it had acquired Hyre Personal Wealth Advisors, adding approximately $325 million in assets and establishing the company’s second office in Columbus, Ohio.