Two prominent firms in the independent advisory space kicked off the year by announcing acquisitions aimed at expanding their reach and service capabilities.

Mariner Wealth Advisors deepened its presence in Ohio by acquiring Hyre Personal Wealth Advisors, a $325 million AUM firm based in Columbus. As reported by InvestmentNews, the firm adds five professionals, including three advisors to Mariner's growing team.

Mariner and its affiliates now oversee more than $555 billion in client assets.

Meanwhile, fee-only RIA Savant Wealth Management closed a larger deal by acquiring Corrigan Financial, a $1.15 billion AUM firm based in Middletown, Rhode Island. This acquisition marks Savant's first transaction of 2025 and expands its national footprint to 44 offices in 19 states. With Corrigan's addition, Savant's total assets under management reach approximately $29.6 billion, with another $1.2 billion in assets under advisement.

InvestmentNews reports that both parties highlighted the importance of the tax planning component in the transaction. Corrigan noted that Savant's focus on tax services and long-term vision made the partnership especially appealing. Savant CEO Brent Brodeski added, "The majority of Corrigan's planners hold CPA licenses, which is critical given the nationwide shortage of CPAs and the essential role of tax planning in comprehensive wealth management."

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