Mariner Wealth Advisors has acquired a majority interest in Housen Financial Group, which is based in Manasquan, N.J.
Housen Financial manages about $817 million in assets. The independent wealth management firm has about 500 clients and a staff of 13. The firm will retain its name and staff.
Mariner Wealth Advisors’ expansion in to the N.Y/N.J. market began two years ago when it acquired N.J.-based Brinton Eaton. In late 2013, the firm acquired a majority stake in N.Y.-based RR Advisory Group. Mariner’s parent, Mariner Holdings, now has assets under management of about $30 billion.
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