Mariner

Investment Thesis

• Strong secular tailwinds
• Attractive financial profile
• Growth oriented management team

Investment Overview

Mariner Wealth Advisors provides advice to individuals and businesses, including tax planning and preparation, estate planning, specialized business services, institutional cash management, Mariner Institutional, trust services, wealth planning, personal insurance solutions and investments. Mariner advisors will bring in Mariner’s experienced, in-house teams to create one, coordinated financial strategy developed specifically for the customer. This integrated approach is meant to provide the best advice possible, simplify the process and save Mariner’s customer’s time. Mariner is a Registered Investment Advisor (“RIA”) and is recognized as one of the largest RIA’s in the United States. Barron’s has ranked Marnier as a top five RIA for the last nine years. Mariner with its affiliates contains 116 offices across 41 USA states and has over $245 billion in AUM.

Neuberger Berman believes Mariner CEO Marty Bicknell has built a truly differentiated business that sets the standard for personalized, holistic financial advice. This investment underscores Neuberger Berman’s confidence in Marty’s leadership and the entire Mariner team. Mariner plans to use Neuberger Berman’s investment for multiple initiatives. One example is Mariner’s goal to scale its national advisor base to 5,000 advisors through organic and inorganic growth. NB will receive board representation and LGP, which became Mariner’s first institutional capital partner in 2021, will continue to serve on the board.