Allworth Financial Acquires CCA, LLP
The acquisition further extends Allworth’s tax services and its presence in Northern California.
Folsom, California, November 19, 2024 – Allworth Financial announced its acquisition of CCA, LLP, a tax-focused CPA firm based in Pleasant Hill, California. This partnership enhances Allworth’s in-house tax capabilities and strengthens its footprint in the Bay Area.
CCA, LLP brings a team of 25 experienced tax professionals and will significantly bolster Allworth’s existing tax services. The acquisition is Allworth’s 8th this year and its 39th since 2018.
“The demand from our clients for comprehensive financial planning, including robust in-house tax services, continues to grow,” said Allworth CEO, John Bunch. “CCA has an exceptional tax team that will help us meet that demand and better serve our clients.”
Gerardo Alvarado, founder and senior partner of CCA, LLP, said, “Joining Allworth is an exciting next chapter for our firm. Allworth’s scale, resources, and breadth of services will enable us to expand the tax planning and compliance work we’ve provided our clients for nearly two decades.” He added, “Allworth’s personalized approach and commitment to their clients aligns perfectly with our own values and culture. I’m thrilled about the opportunities this partnership will create for our team and our clients.”
About Allworth Financial
Founded in 1993 in Sacramento, California, with nearly $25 billion in assets under advisement, 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 Work1 awards and being named to annual lists of the fastest growing RIAs2.
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.
1Investment 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.
2RIA 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.