Creative Planning Acquires Financial Abundance

Creative Planning is acquiring Financial Abundance, an RIA located in Pennsylvania. The acquisition, which closed on September 30 of this year, will add over $275 million in assets under management (AUM) to Creative Planning’s AUM.

For more than 20 years, Financial Abundance Founder and President Paul Nichols and his team have worked with individuals and families to provide comprehensive and customized financial planning services.

“Financial Abundance shares our values and client-centered approach. Their vast knowledge and expertise will be a welcome addition to the Creative Planning team, boosting our presence on the East Coast,” said Peter Mallouk, president and CEO of Creative Planning.

In addition to financial planning services, Financial Abundance provided planning strategies and financial coaching to help guide clients through the the investing process.

“Creative Planning’s resources and national footprint, along with their extensive in-house legal, estate and tax services, will enable us to continue our mission of providing peace of mind to our clients,” said Nichols.

Financial Abundance will be Creative Planning’s 14th acquisition in two years as it continues to expand its wealth management capabilities and extend into new markets.

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