Creative Planning Acquires ML&R


April 15, 2024

On April 2, 2024, Creative Planning announced that it acquired ML&R Wealth Management.

Creative Planning has announced that it acquired ML&R Wealth Management (“ML&R”). The deal included a mixture of cash and equity, but specific financial and other terms of the transaction were not disclosed.

Creative Planning, based in Overland Park, Kansas, is a registered investment adviser specializing in family office and estate planning services serving both individual and institutional clients. As of December 31, 2023, Creative Planning had $300 billion in combined assets under management or advisement.

ML&R, based in Austin, Texas, is a financial consulting firm serving individuals, families, businesses, and non-profits. As of December 31, 2023, ML&R had $2.2 billion in assets under management. Raymond James served as financial advisor to ML&R on the transaction.

To read the press release: please click here.

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