Allworth deepens tax-advisory push with $1.1B Sachetta acquisition

Allworth deepens tax-advisory push with $1.1B Sachetta acquisition
Pictured: Michael Callahan, chief executive officer, Sachetta; and Arthur Stein, founder of Arthur Stein Financial.
The PE-backed RIA makes its first major move since bringing in a new capital partner, adding a Massachusetts advisory firm alongside a second East Coast RIA
AUG 04, 2026

Four months after bringing a new institutional investor to the table, Allworth Financial has enhanced its wealth capabilities by acquiring a fully integrated tax-advisory and wealth practice — and it's not stopping at one deal.

The Folsom, California-based national RIA announced August 4, 2026 that it has acquired Sachetta, a Lynnfield, Massachusetts-based wealth and tax advisory firm managing $1.1 billion in assets. The deal brings 21 professionals – including 13 wealth and tax advisors – and roughly 630 client households into Allworth's fold, expanding its footprint in the Greater Boston market. Sachetta's model folds tax planning directly into every client relationship, a structure Allworth says complements its own push toward coordinated financial planning, investment management and tax services.

"What stood out about Sachetta is that their entire firm is built around the idea that tax planning and wealth management can't be separated," said John Bunch, Allworth's chief executive officer, adding that Sachetta's leadership bench and succession planning strengthen the firm's ability to serve business-owner clients across its national platform.

Sachetta partner Michael Callahan framed the deal as a scale play without a culture trade-off. "By joining Allworth, we can leverage the resources of a much larger firm while maintaining the client-first culture that defines who we are," he said.

Also on Tuesday, Allworth disclosed a separate acquisition of Arthur Stein Financial, a Bethesda, Maryland-based RIA built around financial planning for federal employees and retirees. That deal extends Allworth into the Mid-Atlantic and adds a specialized practice serving a client base with its own distinct planning needs such as pensions, TSP allocations and federal benefits timing.

"What drew me to Allworth is how closely their values align with ours," said founder Arthur Stein. "The addition of in-house CPAs and attorneys for tax and estate planning means we can now offer clients a truly coordinated approach where every financial decision is evaluated in the context of their full financial picture."

Built on fresh capital

Both deals follow closely on the heels of a capital-structure shift Allworth announced in April, when Allworth brought in Integrum Holdings as a new strategic investor alongside existing backers Lightyear Capital and Ontario Teachers' Pension Plan. At the time, Bunch described the expanded investor base as fuel for the firm's existing playbook rather than a pivot: "We are not looking to change the formula that makes Allworth a premier wealth management firm, we are continuing to invest behind it." Integrum founding partner Tagar Olson said the goal was to back "the talent, technology, and capabilities" needed to scale the platform.

Allworth's expansion mirrors a broader emerging trend of consolidators merging in or acquiring practices with a specialization in tax planning and advsory services. Just weeks earlier, Cetera announced its acquisition of the $1.9 billion Darnall Sikes Wealth Partners, which joined Avantax Planning Partners within Cetera’s RIA channel.

Wealth Enhancement has also been leaning hard into tax services, counting last month's acquisition of Trippon Wealth Management Group and J.M. Trippon & Company PC CPAs, which brought four advisors and eight tax professionals onto Wealth Enhancement's platform.

Latest News

Ex-Texas advisor gets 11 years for Ponzi scheme, Travis Kelce among victims
Ex-Texas advisor gets 11 years for Ponzi scheme, Travis Kelce among victims

Siddharth Jawahar was sentenced 11 years in prison and $31M in restitution for running Swiftarc Capital fraud scheme

HSBC, Citi unveil new high-life and luxury offerings for affluent clients, family offices
HSBC, Citi unveil new high-life and luxury offerings for affluent clients, family offices

Wall Street banks expand wealth services as ultra-high-net-worth client demands extend further above and beyond investment management.

Cerity Partners enters Iowa with Gilbert & Cook deal
Cerity Partners enters Iowa with Gilbert & Cook deal

The acquisition of $2 billion Gilbert & Cook extends a buying spree for the ultra-high-net-worth firm that has already touched six states this year.

The financial industry has a saving problem
The financial industry has a saving problem

After years of encouraging sacrifice and delayed gratification, advisors have to do the next emotional lift: helping clients let go of a potentially harmful scarcity mindset.

Investment accounts fund nearly 7% of US household spending, JPMorgan finds
Investment accounts fund nearly 7% of US household spending, JPMorgan finds

A new JPMorganChase Institute report reveals how deeply stock market wealth now drives everyday American spending, especially for retirees.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income