Wealth Adviser Builds $11 Billion Fortune on Goldman, TPG Deals

From an office park in a Kansas City suburb, Peter Mallouk has grown Creative Planning into one of the country’s biggest financial advisers, managing or advising about $350 billion of clients’ money. Its slogan: “Experience a richer way to wealth.”

No one personifies that mantra better than Mallouk. When he took over the firm more than two decades ago, its clients numbered in the dozens. In September TPG Inc. acquired a minority stake in a deal that valued Creative Planning at $16 billion including debt.

Peter Mallouk

Source: Creative Planning

Mallouk, 55, who maintained a majority stake, has seen his net worth jump to ...