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Allworth Financial Acquires $1.1B Tax-Focused RIA Sachetta
['Alex Ortolani', 'Senior Reporter', 'Wealth Management']
wealthmanagement
In addition, the RIA announced it has added Arthur Stein Financial, a Bethesda, Md.-based RIA specializing in financial planning for federal employees and retirees.
“What stood out about Sachetta is that their entire firm is built around the idea that tax planning and wealth management can’t be separated,” Allworth CEO John Bunch said in a statement.
Allworth offers coordinated tax planning to clients, as well as legacy and estate planning, and insurance and risk, according to its website.
Sachetta also joins Allworth with a succession plan in place for next-generation advisors, according to the announcement.
The RIA, founded in 1993, has grown to serve clients in every state through more than 40 offices.