I recently listened to a podcast about Creative Planning buying Goldman Sach Private Wealth Clients (formerly United Capital). Should I invest with Creative Planning & Peter Mallouk? Short answer:  I don’t know, it depends on your needed scope of services, how much you want to pay & how many layers of fees.  We suggest you invest with a fee-only fiduciary Advisor who charges less than 1% on the first $1M and less above $1M.  Peter Mallouk is a pioneer in the RIA space & a marketing machine.  He sold part of his firm to General Atlantic in February of 2020! (according to a press release).  Creative Planning manages about $210 Billion in assets for 134,000+ families.  Creative Planning has grown aggressively with RIA acquisitions.  See the wiki page here.  All of this can be very expensive for clients that just want solid advice at a reasonable total cost  (please note, this information was developed from SEC ADV frim brochure information).  In my opinion, charging $29.5k for $3M in assets or $46.5k per year for $5M in assets is just too much.

Your current Advisor is hoping you don’t run this analysis! 

Please watch this brief video above.  It might save you $6k to 20k per year!  We work with Clients on a national basis. Take action & schedule a free 2nd opinion below!  We will show you the data!

Here are some key takeaways:  Should I invest with Creative Planning & Peter Mallouk?

-Should you invest with Creative Planning?  I like Peter Mallouk, he is a pioneer in the RIA business.  He has a solid wealth management business & talented people.  I really like blogger Charlie Bilello.  He has good analysis and charts.

• Creative Planning may be expensive for your scope of services. Get a 2nd opinion about your total annual fees in real dollars.  You don’t need to pay 30% to 50% more for an advisor.  High fees will impact your retirement.  Fees matter!  We will show you the numbers. If you have over $300k in a portfolio, schedule a meeting below (including your 401k).
• What is your scope of work?  Portfolio management?  Financial planning?  Tax strategy? Insurance?  What are you actually paying for?
• Should I invest with Creative Planning?  How much are my total fees?  Why is Creative Planning so expensive?
• Creative Planning buys Goldman Sach Private Wealth Clients (United Capital).
• Is Creative Planning worth paying $20,000 or $30,000 a year in fees?
• Should I stay with Creative Planning?
• Creative Planning Advisors near me?  Creative Planning wealth management reviews.
• Is Creative Planning a fiduciary?  Is Creative Planning too expensive?  creativeplanning.com
• Should I invest with Creative Planning & Peter Mallouk?
• Check out our Why DFA vs. Vanguard page for a better solution.

When I started my firm in 2010, we started with the vision of competitive fees for the scope of work.  We work with clients to educate them about investing best practices and help them align their money with their values. We help clients reduce the middlemen (and middlewomen) in the investing process so our clients keep more of their money.  We help clients to make work optional.

– We are are a low-cost, fee-only Advisor.  We are a fiduciary for you 100% of the time.  Our fees are 0.6% on the first $1 million and they decline above $1 million. If you have over $300k in a portfolio (including 401k), schedule a meeting below.

Now is a great time to get a free 2nd opinion via Zoom meeting (see calendar below)! We will give you objective feedback, identify red flags and give your confidence about your future path. It is important to find out if you have areas that can be improved. We help clients make work optional & live the best life possible.

Ready to see if we’re a good fit?  Schedule a free meeting below. We will show you your total fees & red flags. 

We strongly recommend that if you hire an advisor, that person should be a fee-only advisor (not fee-based) and be a fiduciary for you 100% of the time.