Creative Planning Acquires The Johnston Group

OVERLAND PARK, Kan., Feb. 26, 2019 /PRNewswire/ -- Creative Planning Inc. ("Creative Planning"), one of the nation's largest registered investment advisers (RIA), today announced the acquisition of The Johnston Group ("TJG"), a RIA firm located in Minneapolis, Minn. TJG provides financial planning and investment management services to investors nationwide, with a large presence in Minnesota, North Dakota and South Dakota.

"We are excited to join forces with Brad and The Johnston Group team," said Peter Mallouk, Chief Executive Officer of Creative Planning, "Their comprehensive approach to financial planning, coupled with a long-term investment focus, fits perfectly with our vision and mission."

TJG has more than $500 million of assets under management (AUM) and is owned and operated by Brad Johnston.

"We are thrilled to become part of a first-class organization and look forward to this exciting transition," Johnston said.  "When we set out to find a platform to expand our client services, my top priority was to partner with a firm that shared our overall values and intimate, comprehensive approach to client service.  Creative Planning's fiduciary commitment to clients perfectly aligns with our firm's service model, and this transition only enhances our ability to deliver exceptional client service.  We believe Creative Planning offers the most unique financial-planning platform in the country, and the firm continues to set the bar for excellence in the financial services industry."  

This is Creative Planning's first acquisition and marks an important shift in the company's growth strategy.

"Until now, we have always grown largely through referrals," Mallouk said. "We will continue to source opportunities to partner with firms that share our values and vision. It's clear that there are like-minded firms that can fit right into our model as we continue bringing fiduciary advice to Americans from coast to coast."

About Creative Planning
Established in 1983, Creative Planning, Inc. is an independent wealth management firm that provides a financial planning led investment management approach, retirement planning, estate planning, trust services, tax advice and family office services for individuals as well as 401(k) and institutional money management.  Creative Planning manages approximately 38 billion in assets for individuals and families in all 50 states. For more information, please visit www.creativeplanning.com.

Media Contact:
Jami Schlicher(973) 850-7309
[email protected]

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SOURCE Creative Planning