Peter Mallouk is a well-known financial advisor and the CEO of Creative Planning, an independent wealth management firm based in Kansas City.
As of 2023, he has an estimated net worth of over $80 million, making him one of the wealthiest financial advisors in the world.
Under Mallouk’s leadership, Creative Planning has grown significantly, with assets under management totaling over $70 billion.
The firm offers comprehensive wealth management services, including financial planning, investment management, and estate planning.
Mallouk has been recognized for his expertise in the industry, having been named the number one independent financial advisor by Barron’s for three consecutive years from 2013 to 2015.
Mallouk is also a sought-after speaker and author, having written several books on financial planning and investing.
He has been featured in numerous publications and media outlets, including Forbes, CNBC, and The Wall Street Journal.
With his extensive knowledge and experience in the industry, Mallouk has become a trusted advisor to many high net worth individuals and families.
Table of Contents
- Who Is Peter Mallouk?
- Peter Mallouk’s Net Worth
- Sources Of Peter Mallouk’s Income
- Frequently Asked Questions
Who Is Peter Mallouk?
Peter Mallouk is a well-known CEO and President of Creative Planning, LLC, an independent wealth advice company that offers a wide range of wealth management services.
He is a highly accomplished individual with a remarkable success story in his professional career.
Peter Mallouk holds a law degree from the University of Kansas School of Law and a degree in Business Administration from Kansas University.
He is known for his commitment to excellence and his professional commitments.
He has been awarded several professional accolades, including being named the No. 1 Financial Advisor in America by Barron’s Magazine.
In his personal life, Peter Mallouk is married and has lovely children.
He is committed to the quality of life and lives of his children, and he makes it a point to spend quality time with them.
Overall, Peter Mallouk is a highly successful individual who has made a significant impact on the wealth management industry.
His commitment to excellence and dedication to his clients have made him one of the most respected financial advisors in the world.
Peter Mallouk’s Net Worth
Peter Mallouk is a well-known CEO and President of an independent wealth advice company Creative Planning, LLC.
The company is famous for offering a wide range of wealth management services that customers need the most.
As of December 2023, Peter Mallouk’s net worth is estimated to be around $80 million, according to Forbes.
His financial success is attributed to his hard work and dedication to the financial markets.
Peter Mallouk has been in the industry for over three decades, and he has built a reputation for himself as a trusted financial advisor.
He has managed to attract high-net-worth clients, which has helped him grow his assets under management.
Creative Planning, LLC, has experienced significant growth under Peter Mallouk’s leadership.
The company has managed to double its assets under management from $50 billion to $100 billion in two years.
The firm has added 350 people, and it is nearly out of space at its giant headquarters in Kansas.
Peter Mallouk’s success can be attributed to his ability to navigate the financial markets, especially during a bull market.
He has been able to provide his clients with sound investment advice, which has helped them grow their client assets significantly.
In conclusion, Peter Mallouk’s net worth is a testament to his success in the financial industry.
He has built a reputation for himself as a trusted financial advisor, and he has managed to grow his assets under management significantly.
His success can be attributed to his hard work, dedication, and ability to navigate the financial markets.
Sources Of Peter Mallouk’s Income
Peter Mallouk has built a successful career in the finance industry, and his net worth is a testament to his financial wisdom and expertise. His income comes from various sources, which include:
Financial Planning And Advisory
Peter Mallouk is the CEO and President of Creative Planning, LLC, a company that provides comprehensive wealth management services to clients.
The company’s approach to wealth management involves risk management, estate planning, and charitable planning.
The company manages assets under management worth billions of dollars, and its investment strategy has helped clients achieve their financial goals.
Business Endeavors And Partnerships
Peter Mallouk has been involved in several business endeavors and partnerships that have contributed to his net worth.
He is a current board member of Charles Schwab, a mutual fund company.
He has also partnered with Marc Nachmann to create Pathway Financial Education, a private school that teaches financial literacy to students.
Publications And Media
Peter Mallouk is a writer whose books have done well in the US market.
He has authored several books on financial planning and advisory, including “The 5 Mistakes Every Investor Makes and How to Avoid Them” and “The Path: Accelerating Your Journey to Financial Freedom.”
He has also been featured in various publications, including Financial Times, for his valuable lessons in finance.
Peter Mallouk is passionate about financial literacy and education.
He has created several education initiatives, including Pathway Financial Education, to teach individuals about financial planning and advisory.
He believes that financial literacy is crucial for individuals to achieve financial freedom.
Peter Mallouk is also involved in various philanthropic activities.
He has donated millions of dollars to several charitable organizations, including the University of Kansas Health System and the Children’s Mercy Hospital.
He believes in the pursuit of excellence and giving back to the community.
In conclusion, Peter Mallouk’s income comes from various sources, including his role as CEO and President of Creative Planning, LLC, his involvement in business endeavors and partnerships, his writing and media appearances, his education initiatives, and his philanthropic activities.
His success in these areas is a testament to his expertise and knowledge in the finance industry.
Frequently Asked Questions
What is Peter Mallouk’s role at Creative Planning?
Peter Mallouk is the CEO and President of Creative Planning, LLC.
He has been with the company since 2002 and has played a crucial role in its growth and success.
Under his leadership, Creative Planning has become one of the largest independent wealth management firms in the United States.
Yes, Peter Mallouk has authored two books on financial planning.
The first book, “The 5 Mistakes Every Investor Makes and How to Avoid Them,” was published in 2014 and provides practical advice for investors of all levels.
The second book, “The Path,” was published in 2018 and focuses on the importance of having a clear financial plan and staying on track to achieve your goals.
What impact did Tony Robbins’ departure have on Creative Planning?
Tony Robbins was a former partner of Creative Planning and played a significant role in the company’s growth and success.
However, his departure in 2019 did not have a significant impact on the company’s operations or performance.
Creative Planning has continued to grow and expand under the leadership of Peter Mallouk and his team.
What is known about Peter Mallouk’s background and ethnicity?
Peter Mallouk was born on January 16, 1970, in Kansas City, Missouri.
He is of Lebanese descent and grew up in a family of entrepreneurs.
Mallouk attended the University of Kansas, where he earned a Bachelor’s degree in Economics and Political Science.
He later went on to earn a law degree from the University of Kansas School of Law.
Other celebrity’s net worth you might be interested in: