Creative Planning picks up Lockton’s U.S. retirement business
The deal expands Creative Planning’s presence in the retirement plan business by about $110 billion and gives it access to the large-plan segment of the 401(k) market.
Creative Planning is making a massive leap into the retirement plan business, agreeing to take on Lockton’s $110 billion unit in a deal that includes an equity stake in the acquiring firm.
The companies, which announced the agreement this morning, will rename that business Lockton Retirement Se
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