Mariner Independent Advisor Network is a registered investment advisor that operates through a decentralized network of independent investment advisor representatives across the United States. The firm offers personalized financial planning, reporting, consulting, and investment advisory services to individuals, families, trusts, estates, charitable organizations, and business entities. Advisors have significant flexibility in building customized portfolios using various strategies, including equity and fixed income portfolios, mutual funds, exchange-traded funds, options, structured notes, alternative investments, and annuities. The firm utilizes multiple third-party platforms and custodians such as LPL Financial, Charles Schwab, Fidelity, and SEI to execute trades and custody client assets. Clients can choose between fee options where transaction costs are paid separately or bundled into a single asset-based fee. Additionally, the firm offers specialized services such as retirement plan consulting for employer-sponsored plans and tax preparation or planning through affiliated resources. The firm emphasizes a fiduciary commitment when providing advice to retirement accounts and individual investors.
Fee Structure
Mariner Independent Advisor Network offers investment management through various custodial platforms and programs, with advisory fees varying by platform, account size, and the specific investment advisor. Depending on the platform and fee option selected:
- Asset-based fee options charge a single fee covering both advisory services and transaction costs, with maximum advisory fees ranging up to 2.75% to 3.00% depending on the program.
- Transaction-based fee options involve advisory fees ranging from 0.40% to 2.75% of assets, plus separate transaction charges or commissions.
- Guided Wealth Portfolios (an automated digital program) charges a maximum fee of 1.35%.
Fees are negotiable by individual advisors based on account complexity and scope of services, and are typically billed quarterly in advance.