Business Columns & Blogs

Bits of Business: Kansas firm partners with State College company

A nationwide wealth management company recently bought a majority stake in State College-based Vantage Investment Advisors.

Mariner Wealth Advisors, based in Leawood, Kan., made the announcement Monday.

The deal adds 14 investment advisers to Mariner and supports the company’s efforts to expand into the Northeast. The acquisition brings Mariner’s total assets under management to about $12.5 billion.

“Vantage represents a great cultural fit, and their growth orientation aligns perfectly with our goal to increase the number of clients we are able to serve in the Northeast,” Mariner chief executive officer Martin Bicknell said. “Above all else, I am pleased to have found another partner who shares our commitment to delivering exceptional client service.”

Vantage, which offers investment management, will also offer trust and estate planning, tax advisory services, retirement plan services, investment banking, valuation advisory and forensic accounting services and insurance consulting as a result of the becoming a Mariner partner.

Local company has big presence

K-B Offset Printing, was named to Printing Impressions magazine’s 31st annual PI-400 list for the second consecutive year.

The list names the 400 largest printing companies in North America and consists of mostly privately held middle-market companies like K-B, which is also known as

Company CEO Ray Caravan said there are about 27,000 printing companies in the United States and 3,000 in Canada, which combines for about $8 billion worth of shipments in 2013.

“K-B and have been an active and innovative member of this key print-market segment and a regional leader in both digital and traditional print, mailing, fulfillment and wide format services,” he said. “Our diverse product offerings for business of all sizes have kept us strong in a challenging market. We’re proud to be in the top 2 percent of the industry.”

GNC opens new store

GNC completed its move to downtown State College at the corner of East College Avenue and South Pugh Street.

The store opened Dec. 31, the fifth GNC in Centre County. The company also has stores in the Nittany Mall, Hills Plaza, North Atherton Place and at 821 E. Bishop St. in Bellefonte.