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.
With over 600 clients, the $71 billion RIA acquirer's latest partner marks its second transaction in Oklahoma.
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