RISR has added another significant RIA partner, striking a deal with Allworth Financial to deploy its business-owner planning technology across the firm’s national advisory platform.
The partnership with Allworth, which oversees about $34 billion in client assets, embeds RISR’s business-owner engagement tools into a unified dashboard for the national RIA's advisors, giving them a way to model valuations, succession paths, and exits while tying those decisions back to clients’ personal and tax planning. Advisors will be able to guide entrepreneurs through the full business lifecycle, from growth and risk management to sale and post-liquidity planning.
Allworth joins a growing roster of wealth firms using RISR to deepen planning for closely held business owners, including its partnerships with Modern Wealth Management, Integrated Partners, and Wealthcare Capital Management announced last year.
The timing reflects a broader shift in the advisor business. As more owners near retirement and consider sales, recapitalizations or family transitions, demand is rising for coordinated advice that puts valuations, tax strategy and estate considerations on the same page.
RISR and Allworth are pitching the integration as a way for advisors to avoid siloed recommendations and instead build plans that anticipate liquidity events well before a transaction is on the table.
“Allworth remains committed to the idea that quality financial guidance is both comprehensive and personalized, with our success tied to our clients’ success,” John Bunch, chief executive officer of Allworth Financial, said in an announcement Thursday. “Our partnership with RISR builds on that commitment by giving our advisors additional, modern tools to support business owners who are the backbone of local economies, helping them make confident decisions about their businesses, their families and their futures.”
On the technology side, RISR’s platform is designed to pull together business financials, tax information, and planning assumptions into a single interface where advisors can evaluate business value, test succession scenarios, and connect those outcomes to household-level planning. The firm has been steadily building out that stack, including the rollout of its succession and exit planning module last September, aimed at helping advisors initiate tougher conversations about ownership transitions earlier in the relationship.
Having those conversations now could be crucial for business owners, with one Edward Jones survey estimating one-third don't have a succession plan in place. Among those without a plan, around one-third said it was because they were uncertain about their business's future, while another third didn't know where to start.
“Business owners don’t experience their finances in silos, and neither should their advisors,” said Jason Early, founder and chief executive officer of RISR. “Allworth has built a highly innovative model by bringing tax and advisory services together at scale. Our partnership helps extend that model even further, giving advisors a modern, data-driven framework to deliver enterprise-level business owner planning to entrepreneurs in communities across the country.”
Allworth, founded in 1993 and based in Folsom, California, has expanded into a national RIA with more than 40 offices and clients in all 50 states, offering investment management, tax planning and preparation, estate planning, insurance and 401(k) management. The firm has completed 45 acquisitions since 2018 and is backed by private equity investors including Lightyear Capital and Ontario Teachers’ Pension Plan Board
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