Creative Planning agreed on Tuesday to acquire institutional investment consultant RVK, Inc., a Portland, Oregon-headquartered firm that advises just over 200 institutional clients on approximately $4.3 trillion in assets.
Creative Planning, an Overland Park, Kansas-based registered investment advisor with more than $780 billion in assets under management or advisement as of 30 June 2026, did not disclose the financial terms of the transaction.
RVK TO OPERATE AS AFFILIATE UNDER CURRENT LEADERSHIP
The deal is structured as a definitive acquisition agreement, under which RVK will become a Creative Planning affiliate and continue to be led by its current management team. "Becoming a Creative Planning affiliate will allow us to preserve the client-focused approach and consulting model that have defined RVK," said RVK chief executive Josh Kevan.
The transaction is expected to close in January 2027, subject to customary closing conditions and regulatory approvals. Goldman Sachs & Co. acted as exclusive financial advisor to Creative Planning on the deal.
DEAL EXPANDS INSTITUTIONAL CONSULTING REACH
The acquisition expands Creative Planning's institutional investment consulting capabilities, the firm said. RVK serves public and private retirement plans, endowments, foundations, insurance companies, health systems and other institutional asset owners.
For more than 40 years, RVK has provided non-discretionary investment consulting tailored to each client's objectives, according to the announcement.
Creative Planning describes itself as one of the nation's largest registered investment advisors, and its retirement and institutional business serves retirement plan sponsors, nonprofit organisations, foundations and other institutions.
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