Menu burger Close thin Facebook Twitter Google plus Linked in Reddit Email
Loading
Tap on the profile icon to edit
your financial details.

Mariner Investment Group Review

Your Details Done
by Updated

Mariner Investment Group, LLC

Mariner Investment Group, LLC is a fee-only firm headquartered in Harrison, New York. The firm offers investment advisory services to a range of institutional clients.

If you’re looking for individual account management, Mariner isn’t the best choice. SmartAsset’s free advisor matching service can pair you with an advisor suitable to your needs. 

Mariner Investment Group Background

Founded in 1992, Mariner specializes in fixed-income relative value and credit strategies, and the firm operates both in the U.S. and internationally. On an international level, the firm has offices in Europe and Asia. Mariner is a subsidiary of MIG Holdings, LLC which is 100% owned by Mariner employee.

Mariner Investment Group Client Types and Minimum Account Sizes

As mentioned above, Mariner does not offer advisory services to individual clients. Instead, it offers advisory services to privately-offered pooled investment vehicles, insurance companies, endowments, corporate and public pension plans, banks and foundation and plan sponsors.

The minimum account size for discretionary portfolio management and advisory services varies per investment strategy, and the firm hasn’t specified an exact minimum. However, the minimum investment amounts for private fund and securitized vehicle clients are specified in each fund or vehicle’s offering documents.

Services Offered by Mariner Investment Group

Mariner offers the following services:

  • Portfolio management
  • Selection of other advisors
  • Investment strategies
    • Rates relative value
    • Credit relative value 
    • Securitized products
    • Leveraged credit
    • Infrastructure regulatory capital

Investment Philosophy

Mariner believes strongly in socially conscious investing, and the firm considers environmental, social and governance (ESG) risks before making any investment decisions. The firm may perform such analysis in addition to fundamental or technical analysis. In addition to the investment strategies mentioned earlier, the firm may also employ long/short, relative value and  long-term strategies during its investment process.

Fees Under Mariner Investment Group

Mariner charges investment advisory fees based on client AUM, as well as fees based on the performance of an account. The firm’s fees are generally non-negotiable, but they may vary depending on a number of factors. These include the applicable investment strategy, any restrictions imposed on Mariner, the amount of assets invested, the timing of the investment or the relationship the client has with the firm.

The management fees for the private funds, also known as the Mariner Funds, are asset-based and typically range from 0% to 2% per year. These fees are generally payable monthly or quarterly in advance or arrears. The firm charges securitized vehicles fees up to 0.50% annually, and the fees remain constant throughout the life of the vehicle. 

Performance-based fees range from 0% to 25%, and the rates are based on the increase in the net asset value of the client’s account. 

What to Watch Out For

Mariner Investment Group has no disclosures on its SEC-filed Form ADV.

Mariner doesn’t provide investment advisory services to individuals, so you may want to consider other options while narrowing down your investment advisor search. Also note that the fact that the firm take performance-based fees is a potential conflict of interest. However, the firm is still a fiduciary and is legally obligated to act in the best interests of clients at all times.

Opening an Account With Mariner Investment Group 

Mariner is headquartered in Harrison, New York, but the firm also has other offices in North America, Europe and Asia, so you can visit the firm in person to inquiring about opening an account. You can also call (914) 670-4300 or reach out online.

All information was accurate as of the writing of this article.

Tips for Saving for the Future

  • Financial advisors can greatly simplify the investing and planning process. If you’re having trouble finding the right professional, SmartAsset’s free financial Get started now advisor matching tool pairs you with up to three local advisors. Get started now.
  • If you’re new to investing, it’s helpful to have a holistic view of your financial situation before you begin. This can help you determine things like your risk tolerance, time horizons and expected returns. If you’d like a better picture of how much you can afford to invest, consider using our budget calculator.

How Long $1mm Lasts in Retirement

SmartAsset's interactive map highlights places where $1 million will last the longest in retirement. Zoom between states and the national map to see the top spots in each region. Also, scroll over any city to learn about the cost of living in retirement for that location.

Least
Most
Rank City Housing Expenses Food Expenses Healthcare Expenses Utilities Expenses Transportation Expenses

Methodology We analyzed data on average expenditures for seniors, cost of living and investment returns to determine how many years of retirement a $1 million nest egg would cover in cities across America.

First, we looked at data from the Bureau of Labor Statistics (BLS) on the average annual expenditures of seniors. We then applied cost of living data from the Council for Community and Economic Research to adjust those national average spending levels based on the costs of each expense category (housing, food, healthcare, utilities, transportation and other) in each city. Using this data, SmartAsset calculated the average cost of living for retirees in the largest U.S. cities.

We assumed the $1 million would grow at a real return (interest minus inflation) of 2%. Then, we divided $1 million by the sum of each of those annual numbers to determine how long $1 million would cover retirement expenses in each of the cities in our study. Cities where $1 million lasted the longest ranked the highest in the study.

Sources: Bureau of Labor Statistics (BLS), Council for Community and Economic Research