Peter Mallouk is one of the world’s most successful asset managers and advisors, best known for leading his Creative Planning Inc. company to become one of the largest wealth management firms in the world. Unfortunately, his birth date and place are omitted from the media, but it is known that he is American.
Have you ever wondered how rich Peter Mallouk is, as of late 2017? According to authoritative sources, it has been estimated that Mallouk’s net worth is as high as $75 million, an amount earned through his successful career, active since the ‘80s.
Peter Mallouk Net Worth $75 Million
There is no information about Peter’s upbringing and his education up until he enrolled at the University of Kansas, from which he obtained undergraduate majors in Business, Economics, Political Science, and Psychology, and also a Master of Business Administration and Juris Doctor degree from the same University.
He set up Creative Planning Inc. in 1983, with headquarters in Leawood, Kansas. Starting from scratch, Peter has been leading the firm towards massive success, and the company now employs over 350 people, and has $24 billion in assets in management for clients, and is present in all 50 states of the US. In 2015, his firm was first on the list of Wealth Management Firms compiled by CNBC. The success of his company has increased Peter’s net worth to a large degree, and enabled him to engage in other business ventures, including being financial correspondent for CNBC, and for Fox Business News, while his writings and interviews have been published in The Wall Street Journal, Barron’s, The Financial Times and Bloomberg, among many other popular magazines.
Thanks to his successful career, Peter has received a number of recognitions and honors, including being three times Barron’s #1 Independent Financial Advisor in America, in 2013, 2014 and 2015, then Boomer Market Advisor’s Advisor of the Year in 2008, and Forbes #1 RIA Firm for 10 Year Growth in 2016.
He is also a recognized author, publishing several books, including “The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right in 2014 and is a co-author of “Unshakeable” (2017), the sales of which have also increased his wealth.
In his personal life, Peter is married to Veronica with whom he has two sons and a daughter.
Peter is also recognized for his philanthropic activities; he is the founder of KC CAN!, which is an organization that is focused on improving the lives of children in Kansas City. Some of the organization’s projects include “Safety Street”, which helps second graders to learn about cars, buses, pedestrian, and fire safety.
He is also a board member of several organizations, such as American Stroke Foundation, St. Michael’s Finance Council, and Kansas City Hospice, among others.
