Creative Planning has acquired a Wilmington, Delaware-based registered investment advisory firm that provides integrated financial advisory, tax planning and investment management services to individuals, families and small businesses, the firm announced Tuesday.
Daniels + Tansey, founded more than 40 years ago, oversees $535 million in assets, according to its latest Form ADV.
“We're excited about what our partnership with Creative Planning brings to our business and especially our clients," said Chris Daniels, the firm’s managing director, said in a statement. "By combining a comprehensive national platform with our 40-year relationship with the community, we are now able to offer the Delaware Valley's premier, full-service tailored wealth management experience. We're looking forward to the opportunity to simplify financial complexity and build successful wealth journeys for clients throughout the region."
Creative Planning had assets under management of more than $245 billion as of July 1.
In August, Creative Planning announced that it was purchasing Personal Financial Management, Goldman Sachs’ RIA, with $29 billion in assets. Other recent deals include the acquisition of the retirement plan advisory team at Mesirow, which oversees plans with about $13 billion under advisement, and a deal for a Philadelphia-area firm, Kistler-Tiffany Advisors, with $1 billion in AUM.
[More: King of Kansas]
Tech company democratizes access to US trading infrastructure.
RBC Wealth Management's latest move in New York adds an elite eight-member team to its recently opened Westchester office.
Stifel – so far - is on the hook for more than $166 million in damages, legal fees and settlements in investor complaints involving Roberts, a 35-year industry veteran.
The giant alt investments platform's latest financing led by T. Rowe Price and SurgoCap Partners, along with State Street, UBS, and BNY, will fuel additional growth on multiple fronts.
Some investors recently have seen million dollar plus decisions by FINRA arbitration panels involving complex products decisions go their way.
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.