Creative Planning has unearthed an acquisition of MASECO LLP, a London-based RIA, as an effort to reinforce its worldwide footprint and cross-border wealth management features. Based on the regulatory green light, the transaction will increase Creative Plannings team by 123 staff members and its assets under management by more than $5 billion. MASECO is a company that first came into being in 2008. The company takes care of internationally mobile individuals, especially U.S. families living abroad, by providing them with tax-efficient investment products and solutions in the U.S. UK, and offshore markets.
Also Read: iCapital and Aladdin Wealth Partner to Integrate Alternative Investments into Advisor Workflows
“We’re thrilled to have MASECO join Creative Planning,” said Peter Mallouk. “Their planning-led approach, client-first culture and expertise in integrating U.S., UK and offshore financial solutions align perfectly with Creative Planning’s philosophy. This acquisition will extend our growing international footprint and expands our ability to deliver Creative Planning’s integrated wealth management model to more clients around the world, providing a fully coordinated platform of financial planning, investment management, retirement and estate planning, trust and tax services, and family office solutions.” The integration is expected to enhance service offerings for global clients while reinforcing both firms’ shared commitment to comprehensive, client-centric wealth management.
