How the Advisor Helps Clients – Key Takeaways:
Creative Planning is a leading financial advisory firm that works with individuals, families, and businesses to provide expert financial guidance. They offer a wide range of services, including wealth management, retirement planning, tax planning, and estate planning. With their team of experienced and knowledgeable advisors, Creative Planning aims to help their clients achieve their financial goals and maximize their wealth.
Facts and Insights:
Here are some key facts and insights about Creative Planning:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $55.3 billion (as of June 30, 2021) | 370+ (as of June 30, 2021) | 35+ years |
Financial Services Offered:
Creative Planning offers a comprehensive range of financial services to meet the diverse needs of their clients. These services include:
- Wealth Management
- Retirement Planning
- Tax Planning
- Estate Planning
- Insurance Planning
- Business Services
Client Types:
Creative Planning works with a wide range of clients, including individuals, families, and businesses. They also serve clients from various industries, such as healthcare, technology, and real estate. This diverse client base allows Creative Planning to customize their services and provide tailored solutions to each client’s unique financial situation.
Fees & Compensation:
Creative Planning follows a fee-based model, which means they charge a fee for their services and do not receive commissions or compensation from third parties. Their fees are based on a percentage of the assets they manage for their clients, ensuring that their interests are aligned with those of their clients. This fee structure is transparent, and clients can understand exactly how much they are paying for the services they receive.
Background:
Creative Planning was founded in 1983 by Peter Mallouk, who still serves as the company’s President and Chief Investment Officer. Over the years, the firm has grown and expanded its services, becoming one of the largest independent registered investment advisors in the country. Creative Planning has also received numerous accolades, including being ranked #1 Independent Wealth Management Firm in the U.S. by Barron’s in 2021.
Financial Advisor Disclosures to Know:
When working with any financial advisor, it is essential to understand their disclosure history. Creative Planning has a clean record with regulatory authorities, and there have been no disciplinary actions or legal events involving the firm or its advisors. This information can be verified by reviewing their Form ADV, which is publicly available on the Securities and Exchange Commission’s website.