Allworth Financial Acquires Two Firms to Exceed $40 Billion in Assets Under Management
Allworth Financial, a registered investment advisor based in California, has acquired two firms—High Falls Advisors and Holistic Financial Partners—with combined assets under management (AUM) of $947 million. These acquisitions have pushed Allworth's total AUM beyond the $40 billion mark. High Falls Advisors brings tax advisory services and private funds to the table, while Holistic Financial Partners specializes in financial planning for individuals going through divorce. The move adds 23 professionals to Allworth’s team, including wealth advisors and tax specialists. CEO John Bunch emphasized that these acquisitions align with Allworth's strategy of partnering with firms offering distinctive capabilities and multidisciplinary services. Since taking over as CEO late last year, Bunch has more than doubled the firm's AUM from $18 billion. Allworth recently completed a third capital raise in May 2026 led by Integrum Holdings, alongside existing stakeholders Lightyear Capital and Ontario Teachers' Pension Plan.
Topics: Acquisition Assets Under Management (AUM) Financial Advisors Wealth Management