Creative Planning acquires $400 million OptiFour

Kansas-based RIA expands into Washington, D.C., metro area

Nov 19, 2019 @ 10:55 am

By InvestmentNews

Creative Planning, an Overland Park, Kan.-based RIA, has acquired OptiFour, an RIA firm located in McLean, Va., outside Washington, D.C.

[More: RIA consolidation could put $2.4 trillion in play over next decade]

OptiFour, founded in 1997, custodies its $400 million in assets under management at Schwab and Fidelity.

[Recommended video:Who are the 2019 InvestmentNews Women to Watch?]

In the acquisition, terms of which were not disclosed, Creative Planning was represented by Republic Capital Group, and OptiFour was represented by DeVoe & Company.

Register todayfor our Future of Financial Advice event on Nov. 20.

0
Comments

What do you think?

View comments

Recommended next

X

Hi! Glad you're here and we hope you like all the great work we do here at InvestmentNews. But what we do is expensive and is funded in part by our sponsors. So won't you show our sponsors a little love by whitelisting investmentnews.com? It'll help us continue to serve you.

Yes, show me how to whitelist investmentnews.com

Ad blocker detected. Please whitelist us or give premium a try.

X

Subscribe and Save 60%

Premium Access
Print + Digital

Learn more
Subscribe to Print