Creative Planning acquires $800 million Illinois firm

Creative Planning, an Overland Park, Kansas-based registered investment adviser with more than $100 billion in assets under management, is acquiring Dashboard Wealth Advisors, an Oak Brook, Illinois-based firm with more than $800 million in AUM.

Terms of the transaction were not disclosed.

Dashboard Wealth was founded in 2013 by Scott Schuster, who has known Creative Planning CEO Peter Mallouk since their grade school days.

“We studied for the CFP exam together many years ago and have shared best practices over the years,” Mallouk said in a statement. “Scott and his team epitomize what Creative Planning is all about: delivering a best in class offering with a highly educated, credentialed and experienced team.”

[More: Creative Planning picks up Lockton’s U.S. retirement business]

The post Creative Planning acquires $800 million Illinois firm appeared first on InvestmentNews.

Andrew is half-human, half-gamer. He’s also a science fiction author writing for BleeBot.

Andrew Vincent
Andrew is half-human, half-gamer. He's also a science fiction author writing for BleeBot.
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