US advice firm Creative Planning has acquired London-IFA Maseco, subject to regulatory approval.
The acquisition will add 123 employees and more than £3.75bn ($5bn) in assets under management (AUM) to Creative Planning. Founded in 2008 during the global financial crisis, London-based Maseco offers cross-border wealth management services with a focus on American families. "We're thrilled to have Maseco join Creative Planning," said Creative Planning president and CEO Peter Mallouk. "Their planning-led approach, client-first culture and expertise in integrating US, UK and offshore financial solutions align perfectly with Creative Planning's philosophy." Mallouk added that the acq...
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