Registered investment adviser Creative Planning acquired the corporate retirement advisory services team of Mesirow.
Led by David Dermenjian, Chris Pohlman, Vince Allegra and Chuck Lawless, the team partners with plan sponsors to "manage fiduciary risk, attract and retain employees, and guide them toward achieving optimal retirement outcomes," said an Oct. 31 news release.
Creative Planning could not be immediately reached regarding financial terms of the transaction.
As of July 1, the team served more than 350 retirement plans, representing about $13 billion in assets under advisement and management.
Peter Mallouk, CEO of Creative Planning, said the team's "commitment to tailoring financial solutions while championing social responsibility aligns perfectly with our values."
Creative Planning's retirement services practice provides service to more than $137 billion in assets under advisement.
As of July 1, Creative Planning, an independent wealth management firm based in Overland Park, Kan., had total assets under management of more than $245 billion.
Mesirow is a Chicago-based financial services firm.
