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Peter Mallouk
Creative Planning, LLC is an independent wealth management firm and registered investment advisor majority owned by American financial advisor Peter Mallouk. The firm was founded in 1983, and is headquartered in Overland Park, Kansas. History Early history and growth Creative Planning was founded in 1983 in Overland Park, Kansas, a suburb of Kansas City, Missouri. The business initially operated as a small division within a larger financial services provider. In 1999, Peter Mallouk began working as an Estate planning, estate planner for the firm and performing other consulting functions in his capacity as an attorney. He acquired Creative Planning in 2004. The division was managing $34 million in assets at the time and had around 30 clients. Mallouk focused on growing the firm organically. By 2007, Creative Planning's assets under management (AUM) had expanded to $591 million and Barron's identified Mallouk as one of the country's top independent financial advisers. In 201 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
American City Business Journals
American City Business Journals, Inc. (ACBJ) is an American newspaper publisher based in Charlotte, North Carolina. ACBJ publishes ''The Business Journals'', which contains local business news for 44 markets in the United States with each market's edition named for that market, and also publishes '' Hemmings Motor News'' and '' Inside Lacrosse''. The company is owned by Advance Publications and receives revenue from display advertising and classified advertising in its weekly newspaper and online advertising on its website and from a subscription business model. The bizjournals.com website, using the overarching online title ''The Business Journal'', contains local business news from various cities in the United States, along with an archive that contains more than 5 million business news articles published since 1996. it receives over 3.6 million readers each week. History American City Business Journals, Inc. was founded in 1982 by Mike K. Russell with the launch of the ''K ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In Overland Park, Kansas
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Services Companies Established In 1983
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Interstate 435
Interstate 435 (I-435) is an Interstate Highway beltway that encircles much of the Kansas City metropolitan area within the states of Kansas and Missouri in the United States. Route description I-435, a loop route of I-35, is long and intersects with nearly every other Interstate Highway in the Kansas City area (except for I-635 and I-670). An additional near Kansas City International Airport is signed along with I-29 and U.S. Route 71 (US 71), making I-435 the second-longest complete beltway numbered as a single Interstate Highway in the US and seventh longest in the world after I-275 in Cincinnati, Ohio, at ; Beltway 8 in Houston, Texas, at ; Bundesautobahn 10 in Berlin at ; and M25 motorway in London at ; as well as 7th and 8th ring roads in Beijing. The majority——of I-435 is within the state of Missouri, and most of that roadway lies within the city limits of Kansas City. The first/last exit is at I-435's parent route, I-35, in Lenexa, Kansas ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leawood, Kansas
Leawood () is a city in Johnson County, Kansas, United States, and is part of the Kansas City metropolitan area. As of the 2020 census, the population of the city was 33,902. History 19th century After the 1803 Louisiana Purchase, the area east of present-day Leawood opened for settlement. The Santa Fe Trail which ran through the area also contributed to the development of the area. The Border Ruffian War (1855-1857), part of a larger conflict known as Bleeding Kansas, damaged the local economy as pro-slavery activists from the slave state of Missouri attacked settlers, traders, and those traveling along the Santa Fe Trail. Conditions improved with the founding of Oxford, Kansas, the predecessor of Leawood. The township was destroyed by the American Civil War, and there was little left by 1865. Leawood was named for Oscar G. Lee, the original land owner of the town site. 20th century Modern Leawood was established in the 1920s, after Oscar G. Lee, a retired police chief ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Goldman Sachs Personal Financial Management
Goldman Sachs Personal Financial Management (GSPFM) was a former division of Goldman Sachs responsible for wealth management of high-net-worth individuals. It had 74 offices in the United States and managed $25 billion in assets. In November 2023, it was announced that Creative Planning had completed the acquisition of GSPFM. In 2021, the average customer had $1.3 million in assets managed by the division. A separate division, Goldman Sachs Private Wealth Management, serves ultra high-net-worth individuals where customers have at least $10 million in investable assets. History Goldman Sachs Personal Financial Management was founded in 2005, under the name ''United Capital'', as a national network of independent advisory firms. The company was initially founded, financed and developed by Joe Duran and his business colleagues. By 2008, following several acquisitions of investment advisory firms such as Maul Capital Management, Integrated Financial Management, and Trevethan Capit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dimensional Fund Advisors
Dimensional Fund Advisors, L.P. (branded Dimensional abbreviated DFA) is a privately-owned investment firm headquartered in Austin, Texas. Dimensional was founded in Brooklyn in 1981 by David Booth, Rex Sinquefield and Larry Klotz. The company has 15 international offices in the U.S., Canada, U.K., Germany, Netherlands, Australia, Singapore, and Japan. Dimensional maintains additional U.S. offices in Charlotte, North Carolina and Santa Monica, California. The company's founders studied at the University of Chicago under Eugene Fama. Kenneth French is co-chair of the firm's investment research committee. DFA's investment strategy is based on application of the efficient market hypothesis. Dimensional was one of the earliest firms to offer passive investing and "runs the oldest small-cap index fund" in the United States. However, the firm's versions of index funds have the flexibility to trade daily and skew towards smaller company stocks and value stocks; They operate differ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BlackRock
BlackRock, Inc. is an American Multinational corporation, multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$11.5trillion in assets under management as of 2024. Headquartered in New York City, BlackRock has 70 offices in 30 countries, and clients in 100 countries. BlackRock is the manager of the iShares group of exchange-traded funds, and along with The Vanguard Group and State Street Corporation, State Street, it is considered to be one of the Big Three index fund managers. Its Aladdin (BlackRock), Aladdin software keeps track of investment portfolios for many major financial institutions and its BlackRock Solutions division provides financial risk management services. As of 2023, BlackRock was ranked 229th on the Fortune 500, ''Fortune'' 500 list of the largest United States corporations by revenue. BlackRock has sought to position ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Assets Under Management
In finance, assets under management (AUM), sometimes called fund under management, refers to the total market value of all financial assets that a financial institution—such as a mutual fund, venture capital firm, or depository institution—or a decentralized network protocol manages and invests, typically on behalf of its clients. Funds may be managed for clients, platform users, or solely for themselves, such as in the case of a financial institution which has mutual funds or holds its own venture capital. The definition and formula for calculating AUM may differ from one entity to another. Overview Assets under management is a popular metric used within the traditional investment industry as well as for , such as cryptocurrency, to measure the size and success of an investment management entity. AUM represents the market value of all of the securities that a financial entity owns and manages, or simply manages. The AUM of an entity is often compared with historical d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Registered Investment Adviser
A registered investment adviser (RIA) is a firm that is an investment adviser in the United States, registered as such with the Securities and Exchange Commission (SEC) or a state's securities agency. The numerous references to RIAs within the Investment Advisers Act of 1940 popularized the term, which is closely associated with the term ''investment adviser''. An investment adviser is defined by the Securities and Exchange Commission as an individual or a firm that is in the business of giving advice about securities. However, an RIA is the actual firm, while the employees of the firm are called Investment Adviser Representatives (IARs). Registered investment adviser firms receive compensation in the form of fees for providing financial advice and investment management. They are required to act as a fiduciary. This is very different from broker-dealers and their representatives, who provide recommendations for a commission. Broker-dealers and their representatives are not requir ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kansas City Star
''The Kansas City Star'' is a newspaper based in Kansas City, Missouri. Published since 1880, the paper is the recipient of eight Pulitzer Prizes. ''The Star'' is most notable for its influence on the career of President Harry S. Truman and as the newspaper where a young Ernest Hemingway honed his writing style. The paper is the major newspaper of the Kansas City metropolitan area and has widespread circulation in western Missouri and eastern Kansas. History Nelson family ownership (1880–1926) The paper, originally called ''The Kansas City Evening Star'', was founded September 18, 1880, by William Rockhill Nelson and Samuel E. Morss. The two moved to Missouri after selling the newspaper that became the '' Fort Wayne News Sentinel'' (and earlier owned by Nelson's father) in Nelson's Indiana hometown, where Nelson was campaign manager in the unsuccessful presidential run of Samuel Tilden. Morss quit the newspaper business within a year and a half because of ill health. A ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
