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.
Joel Berry II brings firsthand athlete experience to Oppenheimer's $6B Winston-Salem team as NIL complexity grows for student-athletes.
Crown Legacy Wealth joins the fast-growing hybrid RIA as advisor recruitment intensifies across the wirehouse channel.
So far, legal settlements involving Jim Walesa since 2021 have cost Osaic about $26.3 million.
New survey data show record contributions and investing gains, even as employer education on retirement use stays limited
Phoenix-based Brookwood Investment Group taps the AI-native wealthtech firm as its advisor count and AUM keep climbing
Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains
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
