Kansas-based Creative Planning, with $245 billion in assets worldwide, has acquired Berwyn financial planner Kistler-Tiffany Advisors, writes James Dornbrook for the Philadelphia Business Journal.

Kistler-Tiffany was founded in 1974. It primarily focuses on family-owned and privately held businesses. The firm reported $991.93 million in assets in April, the majority of which are discretionary assets.

These assets include $757.54 million from high-net-worth clients along with $191.02 million from other individuals. Kistler-Tiffany also managed $20.25 million for pension plans and $14.35 million for charities, as well as $8.77 million for corporations.

“Their commitment to nurturing relationships and leveraging creative talents aligns with our client-centric philosophy,” said Creative Planning CEO Peter Mallouk. “And their unparalleled expertise in wealth management, estate planning, and business succession, combined with their dedication to personalization, perfectly complements our mission of delivering holistic financial solutions.”

Kistler-Tiffany Advisors managing partner Mike Conner said the firm had joined Creative Planning to gain scale quickly.

“After a thorough search, we recognized the immense potential that would be realized by combining our specialized expertise with Creative Planning’s extensive resources,” he said. “We immediately enhance our services and capabilities to deliver unparalleled value to current and future clients.”

Read more about Kistler-Tiffany Advisors in the Philadelphia Business Journal.

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