About Allworth Financial
Allworth Financial is a company based in Folsom (United States) founded in 2018 by Scott Hanson and Pat McClain was acquired by Ontario Teachers' Pension Plan in October 2020.. Allworth Financial has completed 28 acquisitions, including Adams Chetwood Wealth Management, Bastoni Financial Services and Blueprint Financial. Allworth Financial offers products and services including Financial Planning, Investment Management, Tax Planning, and Estate Planning. Allworth Financial operates in a competitive market with competitors including MetLife, Voya Financial, Pacific Life, Jackson and Athene, among others.
- Headquarter Folsom, United States
- Founders Scott Hanson, Pat McClain
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Sectors
Financial Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hanson Mcclain, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Ontario Teachers' Pension Plan
& 1 more
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Employee Count
Employee Count
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Investments & Acquisitions
Adams Chetwood Wealth Management
& 27 more
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Acquired by
Ontario Teachers' Pension Plan
(Oct 20, 2020)
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Products & Services of Allworth Financial
Allworth Financial offers a comprehensive portfolio of products and services, including Financial Planning, Investment Management, Tax Planning, and Estate Planning. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Personalized guidance for aligning financial life elements.
Customized strategies to optimize and protect wealth.
Coordinated strategies to minimize tax liabilities.
Assistance in preserving and transferring assets.
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Funding Insights of Allworth Financial
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Allworth Financial
Allworth Financial has secured backing from 2 investors, including venture fund and institutional investors. Prominent investors backing the company include Ontario Teachers' Pension Plan and Lightyear Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity firm investing in financial services sector
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Founded Year | Domain | Location | |
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Pension funds focused on multiple sectors
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Allworth Financial
Allworth Financial has strategically engaged in corporate development activities, having acquired 28 companies. Notable acquisitions include Adams Chetwood Wealth Management, Bastoni Financial Services and Blueprint Financial. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Financial planning and advisory services are provided to clients.
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2020 | ||||
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Financial advisory services for wealth management are provided to clients.
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2015 | ||||
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Wealth management services are provided to investors in California.
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2015 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Allworth Financial
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Allworth Financial Comparisons
Competitors of Allworth Financial
Allworth Financial operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as MetLife, Voya Financial, Pacific Life, Jackson and Athene, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Internet-based life, health, auto, home, and pet insurance is offered.
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| domain | founded_year | HQ Location |
Provider of pension fund for the employees based out of the US
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| domain | founded_year | HQ Location |
Insurance company
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| domain | founded_year | HQ Location |
Retirement-focused investment management services are provided by the firm.
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Retirement services provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Allworth Financial
Frequently Asked Questions about Allworth Financial
When was Allworth Financial founded?
Allworth Financial was founded in 2018.
Where is Allworth Financial located?
Allworth Financial is headquartered in Folsom, United States. It is registered at Folsom, California, United States.
Who is the current CEO of Allworth Financial?
Scott Hanson is the current CEO of Allworth Financial. They have also founded this company.
What does Allworth Financial do?
Allworth Financial was established in 2018 in Folsom, United States, by co-founders Scott Hanson and Pat McClain. Operations focus on the financial services sector, where retirement planning assistance is delivered to individuals and businesses. Services encompass investment strategies, wealth management, and long-term financial advisory, conducted primarily from the companys base in California with nationwide reach through digital and in-person channels.
Who are the top competitors of Allworth Financial?
Allworth Financial's top competitors include Pacific Life, MetLife and Jackson.
What products or services does Allworth Financial offer?
Allworth Financial offers Financial Planning, Investment Management, Tax Planning, and Estate Planning.
How many acquisitions has Allworth Financial made?
Allworth Financial has made 28 acquisitions, including Adams Chetwood Wealth Management, Bastoni Financial Services, and Blueprint Financial.
Who are Allworth Financial's investors?
Allworth Financial has 2 investors. Key investors include Ontario Teachers' Pension Plan, and Lightyear Capital.
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