Folsom, Calif., March 8, 2023 (GLOBE NEWSWIRE) —
Partnership – Third Acquisition Announced for 2023 and Second of the Day – Allworth Financial, 9
America’s fastest growing RIA
has reportedly purchased Redrock Wealth Management in Las Vegas, Nevada for $160 million. Red Rock’s acquisition follows the addition of Allworth’s three-person advisory team, announced Wednesday, as well as his $417 million acquisition of client relationships from Indianapolis-based One-to-One Financial Advisors. It’s what follows. These two acquisitions bring his combined AUA to Allworth Financial to $577 million. Terms of the deal were not disclosed.
“Knowing the principals of some of the companies they have acquired, I quickly realized that Allworth’s philosophy of looking out for the well-being interests of its new partners, their employees and clients was completely genuine. Greg Phelps, CEO of Redrock: “The deciding factor in partnering with Allworth over any other company is that founders Scott Hanson and Pat McClain care as much about doing the right thing as I do.” was handing out
“What impressed us most was how passionately Greg Phelps advocates for the people he works with his clients,” said Allworth co-CEO and co-founder. Scott Hanson says. “We are thrilled to welcome Greg and his incredible team to Allworth.”
Allworth Co-CEO and Co-Founder Pat McClain said: “The fact that Greg was looking to move away from the day-to-day responsibilities of running the company so he could devote more time to his clients and family made the decision to enter the partnership an easy one.”
Founded in Sacramento, California in 1993, with approximately $15 billion in advisory assets (AUA), clients in all 50 states, and 30 offices throughout the country, Allworth is a National Business Research firm. Awarded by the Institute.
Circle of Excellence
Named three times for customer satisfaction and ranked as one of America’s most admired wealth management brands.
About Allworth Financial
With a direct and educational approach to advice, approximately $15 billion AUA, and offices throughout the country, award-winning Allworth Financial specializes in retirement planning, investment management, tax planning and preparation. A full-service RIA that estate planning, and 401(k) administration; Allworth provides long-term and short-term investment planning solutions and guidance to help clients achieve their goals and strategically plan for retirement.
Sean Harvey Allworth Financial 5102921910 firstname.lastname@example.org