Allworth has taken a significant step forward in its inorganic growth strategy with an early December acquisition extending its presence in the West Coast.
On Tuesday, the fast-growing national RIA with $27 billion in AUM announced it has acquired Ryan Wealth Management, a retirement and investment advisory firm.
With offices in Yuba City, California, and Spokane, Washington, Ryan Wealth Management oversees approximately $500 million in assets under management and serves more than 800 households.
Rob Ryan, principal at Ryan Wealth Management, cited shared values and a commitment to client service as key factors in the decision to join Allworth.
“When we considered the future of our firm, we found that Allworth’s client-first philosophy and their comprehensive approach to serving their clients matched our vision,” Ryan said in a statement on Wednesday.
He also highlighted how Allworth's enhanced resources and technology could empower his firm to "maintain the personalized service our clients have come to expect.”
The transition to Allworth marks a significant turning point for Ryan, a nearly three-decade veteran of the industry. According to his BrokerCheck profile, he was previously affiliated with Osaic for 28 years, starting in 1996 when he first became a registered broker with the firm.
John Bunch, CEO of Allworth, emphasized Ryan Wealth Management's "strong reputation for providing comprehensive financial guidance."
"Their commitment to client service and their expertise in retirement planning align well with our approach to financial advice," Bunch said, highlighting the partnership as an opportunity for Allworth to "expand into a part of [California] that continues to grow.”
Ryan Wealth Management represents Allworth's ninth deal of the year. Recently in November, the firm welcomed $837 million RIA City Fiduciary Group, which gave it additional locations in the Pacific Northwest while strengthening its in-house tax service capabilities.
Since its founding in 1993, the Sacramento, California-based firm has grown to oversee nearly $27 billion in assets across 43 offices in all 50 states. The firm offers a range of services, including investment management, tax planning, estate planning, and 401(k) management.
From outstanding individuals to innovative organizations, find out who made the final shortlist for top honors at the IN awards, now in its second year.
Cresset's Susie Cranston is expecting an economic recession, but says her $65 billion RIA sees "great opportunity" to keep investing in a down market.
“There’s a big pull to alternative investments right now because of volatility of the stock market,” Kevin Gannon, CEO of Robert A. Stanger & Co., said.
Sellers shift focus: It's not about succession anymore.
Platform being adopted by independent-minded advisors who see insurance as a core pillar of their business.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
As inheritances are set to reshape client portfolios and next-gen heirs demand digital-first experiences, firms are retooling their wealth tech stacks and succession models in real time.
