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Creative Planning Acquires Keystone Wealth Partners

Apr 12, 2022•over 3 years ago

Acquiring Company

Creative Planning

Acquired Company

Creative Planning

Financial ServicesFinancial Services

Description

Keystone Wealth Partners (Keystone) has joined forces with Creative Planning LLC, one of the largest Registered Investment Advisers ("RIA") in the country. Keystone, which has over $644 million in AUM, uses a team-based approach to help clients build and protect their wealth by bringing accountants, attorneys, and financial planners together to manage client's financial life in a holistic way. They offer services in wealth management, estate planning, and tax planning and preparation.

Company Information

Company

Creative Planning

Location

5454 W 110th St

About

Creative Planning, LLC 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 over $100 billion in assets across all 50 states and 65 countries, as of November 3, 2021.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed