Creative Planning spreads equity to employees

Creative Planning, an Overland Park, Kansas-based registered investment adviser managing $75 billion, is offering initial partnerships to 86 employees, or roughly 10% of its workforce.

The company said it plans to continue to offer equity to eligible employees and as part of future acquisitions.

[More: Creative Planning doubles retirement plan assets with $6 billion deal]

“We have an incredibly dedicated team who has been instrumental in helping us grow our business over this past year,” CEO Peter Mallouk said in a statement. “In many ways, we feel like we are just getting started, and I look forward to sharing the journey with my new partners.”

[More: The RIA roll-up market has seen a decade of explosion]

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