Creative Planning Acquires Paradigm Financial Advisors
Posted on 02/01/2022
Creative Planning Inc., which is one of the largest Registered Investment Advisers in the U.S., acquired Paradigm Financial Advisors. Paradigm Financial Advisors was one of the first fee-only fiduciary RIA firms in the greater St. Louis area and they have over US$ 600 million in assets under management.
Jim Reding is the owner of Paradigm and has become an equity partner with Creative Planning and he will serve as Managing Director of the St. Louis office.
Advisors
Echelon Partners acted as Paradigm’s investment banker in the transaction.
Creative Planning was founded in 1983 and is headquartered in Overland Park, Kansas.
On December 31, 2021, Creative Planning bought La Mesa, California-based Reilly Financial Advisors, which manages roughly US$ 2 billion in client assets.
