Allworth Financial acquires another Arizona RIA

In its second deal in Arizona in less than two weeks, Allworth Financial, a Folsom, California-based registered investment adviser managing $14 billion, has reached an agreement to acquire Scottsdale-based RG Capital, an RIA managing $176 million.

Last week, Allworth announced that it was acquiring DeGreen Capital Management in Paradise Valley, Arizona, which oversees $328 million.

RG Capital was founded in 2005 and serves approximately 300 clients, with a focus on the dental profession.

Terms of the acquisition were not disclosed.

Retiring baby boomers provide opportunity for advisers

The post Allworth Financial acquires another Arizona RIA appeared first on InvestmentNews.

Andrew is half-human, half-gamer. He’s also a science fiction author writing for BleeBot.

Andrew Vincent
Andrew is half-human, half-gamer. He's also a science fiction author writing for BleeBot.
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