Allworth Financial, a Folsom, California-based registered investment adviser managing $14 billion, has acquired Horseman Group of St. Louis, Missouri, an RIA managing $991 million.
Financial terms of the transaction were not disclosed.
Founded in 2002, Horseman’s 13-member team works from three Missouri offices and serves more than 1,600 households. The Horseman agreement increases Allworth’s footprint to 24 offices in 10 states.
Meanwhile, Carson Group extends its acquisition strategy with a Maryland-based advisory practice.
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