How does the advisor help clients – Key Takeaways:
Allworth Financial, L.P. is a financial advisory firm that specializes in comprehensive financial planning and investment management services. With a team of experienced advisors, the firm aims to help clients make informed financial decisions and achieve their financial goals.
Facts and Insights
Allworth Financial, L.P. was founded in 1993 and is based in Sacramento, California. The firm currently has assets under management (AUM) of over $12 billion and employs more than 175 advisors across the country. Since its inception, the firm has been dedicated to providing personalized and unbiased financial guidance to its clients.
According to the most recent SEC filings, Allworth Financial, L.P. has a diverse client base, including individuals, high net worth individuals, pension and profit-sharing plans, trusts, estates, charitable organizations, and businesses.
Assets Under Management, Number of Advisors and Time in Business:
| Assets Under Management | Number of Advisors | Time in Business |
|---|---|---|
| $12 billion | over 175 | Founded in 1993 |
Financial Services Offered
Allworth Financial, L.P. offers a range of financial services to its clients. These include:
- Comprehensive financial planning
- Investment management
- Estate planning
- Tax planning and preparation
- Retirement planning
- Insurance consulting
- Social Security planning
Client Types
Allworth Financial, L.P. serves a diverse group of clients, including:
- Individuals
- High net worth individuals
- Pension and profit-sharing plans
- Trusts and estates
- Charitable organizations
- Businesses
Fees & Compensation
Allworth Financial, L.P. charges a fee for its services which is based on a percentage of assets under management. This fee structure aligns the interests of the firm with those of its clients, as the firm only benefits when the clients’ assets grow. Allworth Financial, L.P. does not receive commissions or other forms of compensation for recommending specific investments.
Background
The founders of Allworth Financial, L.P., Scott Hanson and Pat McClain, have both been featured in national media outlets, including CNBC, Fox Business, and The Wall Street Journal, for their expertise in financial planning and investment management. The firm has also received numerous accolades, including being named on Barron’s list of the Top 50 Independent Advisors in the country for multiple years.
Financial Advisor Disclosures to Know
Allworth Financial, L.P. holds itself to the highest ethical standards and is committed to transparency with its clients. As such, the firm has no disclosures to report in its most recent SEC filings.