Creative Planning on Monday announced a new, "multibillion-dollar" strategic custody relationship with Goldman Sachs Advisor Solutions (GSAS).
The relationship will give the Overland Park, Kansas-based registered investment advisor access to capabilities that include digitized middle and back office for alternative investments, a fully electronic lending platform, advanced analytics, and product offerings from across Goldman Sachs, the firms said.
The deal follows a year of major growth for Creative Planning that included two recent acquisitions.
Creative Planning acquired BerganKDV, a professional services firm with about $2.5 billion in assets under management and about 600 employees, it said in June.
In March, Creative Planning said it acquired Memphis, Tennessee-based Telarray Advisors, an RIA firm managing $1 billion in client assets.
