Creative Planning, an Overland Park, Kansas-based registered investment adviser managing $48 billion, has acquired Starfire Investment Advisers, a Southfield, Michigan, RIA managing $530 million.
Starfire was founded 29 years ago.
The deal is Creative Planning's eighth acquisition this year, and follows last Tuesday's announcement that it had acquired another firm located in Kansas, $700 million Sunrise Advisors.
In a constant fight over control of clients, the financial advice industry has a long history of such allegations and disputes.
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Meanwhile, &Partners has drawn another Wells Fargo team based in Missouri, while an experienced South Carolina advisor has returned to Cetera from LPL.
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