Creative Planning continues its purchases with the acquisition of JBJ Invest

The American independent wealth management company Creative Planning has acquired JBJ Invest for an undisclosed amount.

The acquired entity provides financial planning and portfolio management services to individuals, families, trusts and institutions, primarily in the specialty healthcare sector.

In addition to investment advice, it also specializes in business, life management and pension advisory services.

The deal should help the company further develop its specialist dental practice.

Mathew Emmert, Owner and CIO of JBJ Invest, said, “Due to the quality of its culture and holistic service offering, Creative Planning was the perfect partner to help us fulfill this mission.

“They have seamlessly integrated an impressive suite of solutions into their unique planning process, including tax and legal expertise, which will serve our clients – especially our practitioners and small business owners – extremely well for years to come. “

Creative Planning CEO Peter Mallouk noted that JBJ’s presence in South Carolina and 40 other states will help the company increase its reach in those markets.

Commenting on the deal, Mallouk said: “JBJ’s core values ​​of integrity, accuracy, consistency and service are so clearly aligned with our values ​​that bringing them into the Creative Planning fold was an easy decision. .”

The latest acquisition continues Creative Planning’s buying spree of the past few years.

Earlier this month, the company acquired RIA trustee Paradigm Financial Advisors, which manages more than $600 million in assets.

Last year he bought a number of companies, including Sullivan, Bruyette, Speros & Blayney and TrueWealth.

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