Sacramento, California-based Allworth Financial has agreed to acquire Bastoni Financial Services of Folsom, California, which manages $270 million.
The acquisition, terms of which were not disclosed, brings to more than $10 billion the assets under management at Allworth, which was formerly known as Hanson McClain Advisors.
The acquisition marks the firm’s fifth this year.
MyVest and Vestmark have also unveiled strategic partnerships aimed at helping advisors and RIAs bring personalization to more clients.
Wealth management unit sees inflows of $23 billion.
Deal will give US investment bank a foothold in lucrative European market.
New report examines the impact that the initiative has had on philanthropy.
Few feel confident that they will meet their retirement goals.
Orion's Tom Wilson on delivering coordinated, high-touch service in a world where returns alone no longer set you apart.
Barely a decade old, registered index-linked annuities have quickly surged in popularity, thanks to their unique blend of protection and growth potential—an appealing option for investors looking to chart a steadier course through today's choppy market waters, says Myles Lambert, Brighthouse Financial.
