Creative Planning, an Overland Park, Kansas-based registered investment adviser with more than $100 billion in assets under management, is acquiring Dashboard Wealth Advisors, an Oak Brook, Illinois-based firm with more than $800 million in AUM.
Terms of the transaction were not disclosed.
Dashboard Wealth was founded in 2013 by Scott Schuster, who has known Creative Planning CEO Peter Mallouk since their grade school days.
“We studied for the CFP exam together many years ago and have shared best practices over the years,” Mallouk said in a statement. “Scott and his team epitomize what Creative Planning is all about: delivering a best in class offering with a highly educated, credentialed and experienced team.”
The approval of the pay proposal, which handsomely compensates its CEO and president, bolsters claims that big payouts are a must in the war to retain leadership.
Integrated Partners is adding a husband-wife tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.
Futures indicate stocks will build on Tuesday's rally.
Cost of living still tops concerns about negative impacts on personal finances
Financial advisors remain vital allies even as DIY investing grows
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
