M&A Deal Summary

Creative Planning Acquires Berno Financial Management

On January 4, 2022, Creative Planning acquired financial services company Berno Financial Management

Acquisition Highlights
  • This is Creative Planning’s 9th transaction in the Financial Services sector.
  • This is Creative Planning’s 15th transaction in the United States.
  • This is Creative Planning’s 2nd transaction in Ohio.

M&A Deal Summary
Date 2022-01-04
Target Berno Financial Management
Sector Financial Services
Buyer(s) Creative Planning
Deal Type Add-on Acquisition
Advisor(s) Park Sutton Advisors (Financial)

Target

Berno Financial Management

Cincinnati, Ohio, United States
Berno Financial Management is a provider of personal wealth management services, financial planning consultations, and investment management strategies. Berno Financial Management was founded in 1993 and is based in Cincinnati, Ohio.

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Buyer(S) 1

Buyer

Creative Planning

Overland Park, Kansas, United States
Category Company
Sector Financial Services
DESCRIPTION

Creative Planning is an independent wealth management firm that provides a financial planning led investment management approach, retirement planning, estate planning, trust services, tax advice and family office services for individuals as well as 401(k) and institutional money management. Creative Planning is based in Overland Park, Kansas.

DEAL STATS #
Overall 15 of 34
Sector (Financial Services) 9 of 21
Type (Add-on Acquisition) 13 of 30
State (Ohio) 2 of 2
Country (United States) 15 of 34
Year (2022) 1 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-30 Dashboard

Elmhurst, Illinois, United States

Dashboard is specialized in providing investment advice, taxes, and estate plans from a variety of financial disciplines, such as CPAs, and attorneys, to organize and optimize assets. Dashboard was founded in 2013 and is based in Elmhurst, Illinois.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-01-18 Reilly Financial Advisors

La Mesa, California, United States

Reilly Financial Advisors provides clients to achieve their financial goals. and also specializes in corporate retirement plans and working with an international clientele. Reilly Financial Advisors was founded in 1999 and is based in La Mesa, California.

Buy -
Mergr

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