Creative Planning has entered into a definitive agreement to acquire SageView Advisory Group. The firms reached an agreement to enter into a strategic partnership. Aquiline, a private investment firm specializing in financial services and technology, has been a majority owner of SageView since 2021. Following the completion of this transaction, Aquiline will exit its interest in the firm.
“SageView has an outstanding reputation as a leader in the retirement plan consulting industry, which will complement our growing retirement services business as well as expand our wealth management practice,” said Peter Mallouk, president and CEO of Creative Planning, “This deal provides incredible scale and brings together exceptional talent from both firms to serve our clients and advance our retirement and wealth management capabilities.”
The newly combined firm will include more than 550 advisers, 11,800 retirement plans and more than 80,000 private wealth clients across
