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.
Despite a lighter regulatory outlook and staffing disruptions at the SEC, one compliance expert says RIA firms shouldn't expect a "free pass."
FINRA has been focused on firms and their use of social media for several years.
RayJay's latest additions bolster its independent advisor channel's presence across Pennsylvania, Florida, and Washington.
The deal ending more than 30 years of ownership by the Swiss bank includes six investment strategies representing more than $11 billion in AUM.
Divorce, widowhood, and retirement are events when financial advisors may provide stability and guidance.
How intelliflo aims to solve advisors' top tech headaches—without sacrificing the personal touch clients crave
From direct lending to asset-based finance to commercial real estate debt.
