Creative Planning donates $1 million to food charity

Creative Planning donates $1 million to food charity
Gift to food bank intended to help families struggling due to COVID-19 crisis
MAR 17, 2020

Creative Planning, the Kansas City, Mo.-based registered investment advisory firm, said that it is increasing its gift to Harvesters, a community food network, to $1 million.

The donation will help assist the food bank’s response to the COVID-19 crisis to deliver food to families that can’t afford food, said Peter Mallouk, Creative Planning’s president and chief investment officer.

“We are fortunate to be in a position to step up to serve our clients, ensure the financial security of our team, and at the same time rise up to serve our community,” Mr. Mallouk said in a release. “We hope this inspires other organizations to contribute however they can.”

Harvesters serves a 26-county area of northwestern Missouri and northeastern Kansas, supplying food and related items to more than 760 not-for-profit agencies including emergency food pantries, soup kitchens, homeless shelters, children’s homes and others.

Latest News

Goldman gets shareholder backing on $80M executive bonus packages
Goldman gets shareholder backing on $80M executive bonus packages

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, Kestra welcome multigenerational advisor teams
Integrated Partners, Kestra welcome multigenerational advisor teams

Integrated Partners is adding a husband-wife tandem to its network in Missouri as Kestra onboards a father-son advisor duo from UBS.

Trump not planning to fire Powell, market tension eases
Trump not planning to fire Powell, market tension eases

Futures indicate stocks will build on Tuesday's rally.

From stocks and economy to their own finances, consumers are getting gloomier
From stocks and economy to their own finances, consumers are getting gloomier

Cost of living still tops concerns about negative impacts on personal finances

Women share investing strengths, asset preferences in new study
Women share investing strengths, asset preferences in new study

Financial advisors remain vital allies even as DIY investing grows

SPONSORED Compliance in real time: Technology's expanding role in RIA oversight

RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.

SPONSORED Advisory firms confront crossroads amid historic wealth transfer

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.