11.12.2024
City Fiduciary Group Joins Allworth Financial
The acquisition enhances Allworth’s Tax and Wealth Management Services and expands its footprint in the Pacific Northwest
Folsom, California, November 12, 2024 – Allworth Financial announced its acquisition of City Fiduciary Group, a tax planning and wealth management firm with offices in Washington and Oregon. This partnership enhances Allworth’s presence in the Pacific Northwest and further augments its in-house tax expertise.
City Fiduciary Group brings to Allworth approximately $839 million in assets under management and a team of 31 professionals across investment advisory and tax services. The acquisition is Allworth’s 7th this year and its 38th since 2018.
“The demand from our clients for comprehensive financial and tax planning continues to grow and this is an exciting partnership that will help us meet that demand,” said Allworth CEO, John Bunch. “City Fiduciary Group’s expertise and deep roots in the Pacific Northwest make this a very exciting partnership for us.”
“We’ve built our firm on the principle of providing holistic financial guidance,” said Scott Lowe, managing partner of City Fiduciary Group, adding, “Allworth’s approach and culture make them an ideal partner to help us continue that mission on a larger scale. Their breadth of services and national footprint will enable us to better serve our clients, while maintaining the personalized touch they’ve come to expect.”
About Allworth Financial
Founded in 1993 in Sacramento, California, with nearly $25 billion in assets under advisement (inclusive of assets acquired in this transaction), clients in all 50 states and with 43 offices nationwide, Allworth is an award-winning, full-service RIA that specializes in investment management, tax planning and preparation, estate planning, and 401(k) management. With its direct and educational approach to advising, Allworth delivers short- and long-term financial guidance to help clients achieve their goals and strategically prepare for retirement. The firm has consistently been recognized throughout the financial services industry, winning multiple Best Places to Work awards and being named to annual lists of the fastest growing RIAs .
Rankings and/or recognition by unaffiliated rating services and/or publications should not be construed by a client or prospective client as a guarantee that he/she will experience a certain level of results if Allworth is engaged, or continues to be engaged, to provide investment advisory services. Rankings should not be considered an endorsement of the advisor by any client nor are they representative of any one client’s evaluation or experience. Rankings published by magazines, and others, generally base their selections exclusively on information prepared and/or submitted by the recognized advisor. Therefore, those who did not apply for consideration were excluded and may be equally qualified.
Investment News Best Places to Work for Financial Advisors: Investment News ranking of Best Places to Work for Financial Advisors is based on being a United States based Registered Investment Adviser with a minimum of 15 full or part-time employees working in the United States and having been in business for over a year. Firms who meet Investment News’ criteria fill out an in-depth questionnaire and employees were asked to take part in a companywide survey. Results of the questionnaire and employee surveys were analyzed by Investment News to determine recipients. Allworth Financial did not pay a fee to be considered for the ranking. Allworth Financial has received the ranking in 2020 and 2021.
RIA Channel Top 50 Wealth Managers by Growth in Assets: RIA Channel’s ranking of the Top 50 Wealth Managers by Growth in Assets is based on being an active Registered Investment Adviser with the Securities and Exchange Commission with no regulatory, criminal or administrative violations at the time of the ranking, provide wealth management services as their primary business and have a two year growth rate of 30% based on assets reported on Form ADV Part 1 at the time of ranking. Allworth Financial did not pay a fee to be considered for the ranking. Allworth Financial received the ranking in 2022.
City Fiduciary Group Joins Allworth Financial
The acquisition enhances Allworth’s Tax and Wealth Management Services and expands its footprint in the Pacific Northwest
Folsom, California, November 12, 2024 – Allworth Financial announced its acquisition of City Fiduciary Group, a tax planning and wealth management firm with offices in Washington and Oregon. This partnership enhances Allworth’s presence in the Pacific Northwest and further augments its in-house tax expertise.
City Fiduciary Group brings to Allworth approximately $839 million in assets under management and a team of 31 professionals across investment advisory and tax services. The acquisition is Allworth’s 7th this year and its 38th since 2018.
“The demand from our clients for comprehensive financial and tax planning continues to grow and this is an exciting partnership that will help us meet that demand,” said Allworth CEO, John Bunch. “City Fiduciary Group’s expertise and deep roots in the Pacific Northwest make this a very exciting partnership for us.”
“We’ve built our firm on the principle of providing holistic financial guidance,” said Scott Lowe, managing partner of City Fiduciary Group, adding, “Allworth’s approach and culture make them an ideal partner to help us continue that mission on a larger scale. Their breadth of services and national footprint will enable us to better serve our clients, while maintaining the personalized touch they’ve come to expect.”
About Allworth Financial
Founded in 1993 in Sacramento, California, with nearly $25 billion in assets under advisement (inclusive of assets acquired in this transaction), clients in all 50 states and with 43 offices nationwide, Allworth is an award-winning, full-service RIA that specializes in investment management, tax planning and preparation, estate planning, and 401(k) management. With its direct and educational approach to advising, Allworth delivers short- and long-term financial guidance to help clients achieve their goals and strategically prepare for retirement. The firm has consistently been recognized throughout the financial services industry, winning multiple Best Places to Work awards and being named to annual lists of the fastest growing RIAs .
Investment News Best Places to Work for Financial Advisors: Investment News ranking of Best Places to Work for Financial Advisors is based on being a United States based Registered Investment Adviser with a minimum of 15 full or part-time employees working in the United States and having been in business for over a year. Firms who meet Investment News’ criteria fill out an in-depth questionnaire and employees were asked to take part in a companywide survey. Results of the questionnaire and employee surveys were analyzed by Investment News to determine recipients. Allworth Financial did not pay a fee to be considered for the ranking. Allworth Financial has received the ranking in 2020 and 2021.
RIA Channel Top 50 Wealth Managers by Growth in Assets: RIA Channel’s ranking of the Top 50 Wealth Managers by Growth in Assets is based on being an active Registered Investment Adviser with the Securities and Exchange Commission with no regulatory, criminal or administrative violations at the time of the ranking, provide wealth management services as their primary business and have a two year growth rate of 30% based on assets reported on Form ADV Part 1 at the time of ranking. Allworth Financial did not pay a fee to be considered for the ranking. Allworth Financial received the ranking in 2022.