Allworth acquires its fifth independent retirement advisory company

//Allworth acquires its fifth independent retirement advisory company

Allworth acquires its fifth independent retirement advisory company

Sacramento-based Allworth Financial has acquired its fifth independent retirement advisory company, San Jose-based Siena Wealth Management, which has $250 million in assets under management. The merger, announced Thursday, brings Allworth to $4.5 billion in assets under management, nearly double the size the firm was two years ago when it took a private equity investment from Boston-based Parthenon Capital Partners. Siena has four employees, who will become Allworth employees. The firm services…

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By | 2019-08-08T21:37:24+00:00 August 8th, 2019|Economics|

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