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Direct Investment  + Financial Advisory  + M&As  + Wealth Management  | 
Allworth Buys $500M FA Practice 

Allworth Buys $500M FA Practice 

Allworth Financial has acquired Ryan Wealth Management, an RIA with $500 million in assets and offices in Yuba City, CA and Spokane, WA. The deal strengthens Allworth’s presence in the California and Pacific Northwest markets. 

The Ryan Wealth team, led by principal Rob Ryan, includes three partner advisors and several support staff members across its two locations. The firm offers financial planning, retirement planning and estate planning to a mix of high-net-worth individuals, trusts, businesses and pension plans. 

“Ryan Wealth Management has built a strong reputation for providing comprehensive financial guidance to their clients,” said John Bunch, CEO of Allworth Financial. “Their commitment to client service and their expertise in retirement planning aligns well with our approach to financial advice. 

Folsom, CA-based Allworth is a full-service RIA that specializes in investment management, tax planning and preparation, estate planning, and 401(k) management. The firm manages nearly $26 billion in assets. 

The Ryan Wealth deal is the ninth this year for Allworth. Its most recent deal was the acquisition of George McKelvey Company, a Manasquan, NJ–based practice that manages $1.1 billion in assets under management, in October. 

In June, the firm acquired $220 million Northern California-based Del Monte Group. In January, the RIA scooped up a pair of advisory firms, one in California and the other with offices in Florida and Illinois, with a combined $621 million in assets under management

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Inside The Story

Allworth FinancialRyan Wealth Management

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.