It was the third announced deal of the year for the RIA acquirer, which last week said it had purchased Castle Wealth Advisors, an Indianapolis, Indiana-based RIA managing $320 million in client assets. Terms of the transaction with Creative Planning, which closed last month, were not disclosed. The firm, which was founded in 1991 and has around 60 employees, was acquired by BMO Harris Bank in 2003 but bought itself back from the Chicago bank in 2016. The deal ends a nearly five-year independent streak for SBSB. Creative Planning, which oversees $76 billion in assets, said it was buying RIA Sullivan, Bruyette, Speros & Blayney, which oversees $5 billion in client assets in the Washington D.C.
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