Allworth acquires California firm managing $283 million
RedRock Financial & Insurance Services is based in Chico.
Allworth Financial announced Tuesday that it has acquired RedRock Financial & Insurance Services, a Chico, California-based firm overseeing $283 million in assets.
RedRock’s partners, Kathleen Carpenter, Diane Knight and Benjamin Knight, will be joining Allworth along with their team.
Allworth is a Folsom, California-based registered investment advisor that advises on $15 billion in assets.
Terms of the transaction were not disclosed.
[More: Allworth acquires two RIAs, $727 million in assets]
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