Creative Planning Acquires Goldman Sachs Personal Financial Management Business
August 28, 2023
Creative Planning, an independent Registered Investment Advisor, has agreed to acquire Goldman Sachs’ Personal Financial Management (PFM) unit. The deal — a divestiture by Goldman Sachs — moves PFM’s advisors and client relationships to Creative Planning and is expected to close in Q4 2023, while preserving access to Goldman Sachs Asset Management solutions through an expanded strategic relationship.
- Buyers
- Creative Planning
- Targets
- Goldman Sachs Personal Financial Management (PFM)
- Sellers
- The Goldman Sachs Group, Inc.
- Industry
- Financial Services
- Location
- New York, United States
- Transaction Type
- Divestiture
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