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Peter Mallouk's Creative Planning launches national TV advertising to challenge wirehouses but will it work?

The $36-billion Kansas RIA will make his point with tailors, docs and waiters who have Wall Street attitudes but one expert counsels caution

Author Brooke Southall January 16, 2019 at 4:24 PM
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Creative Planning uses a doctor with proprietary drugs and a back slap in one of its advertisements.

Joe Anthony

Joe Anthony

January 18, 2019 — 9:07 PM
I have two takes on this. On one hand, kudos for Mallouk for prioritizing marketing in a bigger, bolder way. I'd be curious to know what percentage of his revenue is dedicated to marketing spend. That would be the real lesson/takeaway for other RIAs. My other take is that this approach may actually undercut his attempt to foster name brand recognition for his firm. What prep work or positioning went into this before the ads were baked and the spend was approved? The ads showcase what the firm is not, but there's no real connectivity to who/what the firm is. I'd be curious to see if these fit into a broader strategy for positioning the firm and its professionals.

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The new 'Tony Robbins' book debut coincides with Ajay Gupta revealing plan to retire, which leaves Creative Planning to keep the referral spoils with Robbins down to a 'with' credit on the cover

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October 16, 2020 at 7:49 PM

Goldman Sachs-Creative Planning deal is bleeding defectors -- 16 more last week, report says -- auguring a 'potential disaster,' analysts warn

Dozens of former 'United Capital' advisors are fleeing at once, but Peter Mallouk is still battling to keep them, and Goldman Sachs may play legal hardball, sources say.

October 4, 2023 at 2:16 AM

Mentioned in this article:

Creative Planning
RIA Serving Other RIAs
Top Executive: Peter Mallouk, JD, MBA, CFP®

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