Creative Planning Inc., one of the largest Registered Investment Advisers (RIA) in the U.S., has acquired Paradigm Financial Advisors, a fee-only fiduciary RIA in the greater St. Louis area with over $600 million in assets under management.
Paradigm brings a team of professionals with extensive experience in financial planning, investment management, tax planning, and multigenerational estate planning for high-net-worth clients and their families. Jim Reding, Paradigm’s owner, has joined Creative Planning as an equity partner and will serve as Managing Director of the St. Louis office.
Creative Planning will leverage Paradigm’s advanced planning expertise to expand its high-net-worth services and create a new Midwest hub providing estate planning, tax planning, and tax preparation services.
Echelon Partners acted as Paradigm’s investment banker in the transaction. As of February 1, 2022, Creative Planning manages over $100 billion in assets across all 50 states and 65 countries.