# Allworth Financial

Allworth Financial is a Bank / Wealth / Trust based in Folsom, United States.

## Overview

- **Organization type:** Bank / Wealth / Trust
- **Headquarters:** Folsom, United States
- **Region:** North America
- **Address:** Folsom, United States
- **Founded:** 1993
- **Assets under management:** $39B
- **Website:** allworthfinancial.com

## Regulatory record

- **CRD number:** 111167
- **Registration status:** APPROVED
- **Latest Form ADV filing:** 2026-03-20T05:00:00.000Z
- **Reports private funds:** Yes
- **Private funds reported:** 0
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/111167

## About

Allworth Financial positions itself as a wealth management consolidator, building a national platform through the acquisition of independent advisory firms. The firm’s model centers on acquiring practices, integrating their operations, and providing back-office and compliance support while keeping local advisors in place to serve existing client bases. The asset base, estimated at approximately $18.6B (Altss estimate), reflects this aggregation strategy rather than organic asset gathering from a single founding family or institution. The firm focuses on individual wealth management, retirement planning, and investment advisory services for high-net-worth individuals and corporate retirement plan participants. It does not publicly detail a venture capital, private equity, or direct-investment program; its deployment structure is rooted in traditional advisory and financial planning rather than bespoke family-office direct deals. Specific portfolio company holdings or fund commitments have not been identified in public records. Operational details remain thin. Adjacent vehicles such as philanthropic foundations or real-asset arms have not been confirmed. A recent operational event within the last 24 months could not be verified. Allworth's structural differentiator lies in its roll-up strategy: it competes not by launching proprietary investment products but by buying and standardizing existing advisory businesses. This transforms a historically local, relationship-driven industry into a scalable, centralized operation — a model more common in dental or veterinary services than in wealth management.

## Questions

### What is Allworth Financial's core business model?

Allworth operates as a wealth management consolidator, acquiring independent registered investment advisory firms and integrating them into a single national platform. The firm retains local advisors while providing centralized compliance, operations, and brand infrastructure. Its estimated $18.6B in client assets (Altss estimate) is the product of this acquisition-focused strategy.

### What investment stages or asset classes does Allworth Financial target for clients?

Client portfolios are built around traditional liquid asset classes — equities, fixed income, and mutual funds or ETFs — within wealth management and retirement accounts. There is no public indication that the firm allocates client capital to private markets, venture capital, or direct real estate as a standard offering.

## Related profiles

- [Oceanwide Investment](https://altss.com/profile/oceanwide-investment)
- [Profond Pension Fund](https://altss.com/profile/profond-pension-fund)

---

Last updated: 2026-08-11T02:43:31.692Z

Canonical page: https://altss.com/profile/allworth-financial-af

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology