Kansas-based RIA Mariner Wealth Advisors has agreed to buy California-based Authent Advisors for an undisclosed amount.

Authent oversaw around $285m in assets at the end of December 2018. The business offers wealth advisory, tax preparation and consulting services.

It has an employee strength of five, who will be retained and continue to operate from the existing location.

Additionally, Mariner has added Todd Block, who was previously with Ohio-based RTB Consulting.

Todd will now be responsible for expanding the national tax practice of Mariner.

At the same time, Mariner Wealth Advisors appointed wealth advisers for its new offices in Des Moines and Charlotte. The firm has also unveiled plans to launch at least two additional offices this quarter.

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The latest development comes shortly after Mariner’s acquisitions of Indiana-based RIA Martin Financial Group and Texas-based Patriot Wealth Management.

Mariner CEO and president Marty Bicknell said: “I believe Mariner Wealth Advisors is an appealing partner for several reasons. Our client-first philosophy and diverse resources mean advisers are able to get back to their roots – providing quality advice and spending time with clients.

“We also offer a succession plan that provides advisers with the peace of mind of knowing their clients will be supported for generations to come.”