Allworth Financial Broadens Reach with Strategic Acquisitions
Allworth Financial, a leading US-based financial advisory firm, has announced the acquisition of two established investment advisory companies: Salzinger Sheaff Brock and Sheaff Brock Investment Advisors. This strategic move marks a significant step in Allworth’s ongoing expansion across the United States wealth management sector.
Enhancing Allworth’s National Network
The acquisition of these two firms is part of Allworth Financial’s long-term strategy to build a comprehensive advisory network that spans the nation. With the addition of Salzinger Sheaff Brock and Sheaff Brock Investment Advisors, Allworth significantly strengthens its presence in the Midwest, particularly in Indiana and Tennessee, where the acquired firms are based.
“These two firms have a strong legacy of serving clients with integrity and expertise,” said Scott Hanson, co-founder of Allworth Financial. “Bringing them into the Allworth family allows us to provide even greater value to our clients and continue our mission of delivering accessible, fiduciary advice.”
About Salzinger Sheaff Brock and Sheaff Brock Investment Advisors
Salzinger Sheaff Brock is headquartered in Nashville, Tennessee, and provides personalized financial planning and investment management services. The firm is known for its client-centric approach and has built a reputation for delivering sound financial advice tailored to individual needs.
Sheaff Brock Investment Advisors, located in Indianapolis, Indiana, serves high-net-worth individuals and institutional clients. The firm specializes in customized portfolio management, equity strategies, and retirement planning. Its commitment to innovation and performance has earned it a prominent place in the regional investment landscape.
Combined, the two firms manage over $1 billion in client assets and serve thousands of households across the country.
Continued Growth Through Strategic Acquisitions
Allworth Financial has been actively expanding its footprint through acquisitions of like-minded advisory firms. Over the past few years, the company has successfully integrated several firms into its network, reinforcing its position as one of the fastest-growing RIA (Registered Investment Advisor) firms in the United States.
This latest acquisition highlights Allworth’s commitment to growth through partnerships that align with its core values of fiduciary responsibility, transparency, and client service. By integrating Salzinger Sheaff Brock and Sheaff Brock Investment Advisors, Allworth not only expands its geographic reach but also enhances its capabilities in investment management and financial planning.
Client Benefits and Cultural Alignment
Clients of the acquired firms can expect continuity in the quality of service and a seamless transition. Allworth Financial places a strong emphasis on cultural alignment when selecting acquisition targets, ensuring that clients receive consistent and trustworthy guidance throughout the integration process.
“Our clients remain our top priority,” said Pat McClain, co-founder of Allworth Financial. “We are confident that the teams at Salzinger Sheaff Brock and Sheaff Brock share our values and commitment to putting clients first.”
Employees of the acquired firms will also benefit from access to Allworth’s comprehensive resources, back-office support, and technology infrastructure, enabling them to better serve their clients while focusing on relationship-building and personalized advice.
Industry Trends and Future Outlook
The wealth management industry has seen increasing consolidation as firms seek to scale operations, improve efficiencies, and meet evolving client expectations. Allworth Financial continues to lead this trend by identifying and acquiring firms that bring unique strengths and regional expertise to its growing platform.
With this acquisition, Allworth now manages over $18 billion in assets and serves more than 25,000 clients nationwide. The firm remains focused on its mission to democratize access to fiduciary financial advice and help individuals achieve financial peace of mind.
Looking ahead, Allworth plans to continue its disciplined acquisition strategy, targeting firms that demonstrate strong client relationships, sustainable growth, and a clear alignment with Allworth’s client-first philosophy.
This article is inspired by content from Private Banker International. It has been rephrased for originality. Images are credited to the original source.