Creative Planning, an Overland Park, Kansas-based registered investment adviser managing $100 billion, has acquired Paradigm Financial Advisors, an RIA managing $600 million in Des Peres, Missouri.
Paradigm’s advanced planning expertise and plans to hire additional attorneys and accounts will be used to accelerate growth and to create a new “hub” in St. Louis that will provide estate planning, tax planning and tax preparation services for Creative Planning clients in the Midwest, the company said in a release.
Jim Reding, the owner of Paradigm, has become an equity partner with Creative Planning and he will serve as managing director of the St. Louis office.
In January, Creative Planning continued its buying spree, announcing the purchase of Reilly Financial Advisors, a registered investment advisory firm in La Mesa, California, with $2 billion in assets under management. The firm bought a $300 million Ohio RIA earlier last month and an $800 million AUM Illinois advisory firm in late November. In early November, Creative Planning bought Lockton Retirement Services’ 401(k) business.
A new analysis finds long-running fiscal woes coupled with impacts from the One Big Beautiful Bill Act stand to erode the major pillar for retirement income planning.
Caz Craffy, whom the Department of Justice hit with a 12-year prison term last year for defrauding grieving military families, has been officially exiled from the securities agency.
After years or decades spent building deep relationships with clients, experienced advisors' attention and intention must turn toward their spouses, children, and future generations.
The customer’s UBS financial advisor allegedly mishandled an options strategy called a collar, according to the client’s attorney.
An expansion to a 2017 TCJA provision, a permanent increase to the standard deduction, and additional incentives for non-itemizers add new twists to the donate-or-wait decision.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
