Allworth Financial Places 27th on Barron’s 2020 Best RIA Firms
SACRAMENTO, Calif., Sept 22, 2020 – Allworth Financial (“Allworth”), has been named to the Barron’s list of America’s Best RIA Firms. Out of 100 firms that made the ranking, Allworth placed 27th.
The Barron’s Top RIA ranking was launched four years ago in recognition of the growth and consolidation occurring in the RIA industry. This year’s ranking has been expanded to 100 spots from last year’s 50 and includes several new metrics: technology spending, staff diversity and succession planning.
Allworth has seen significant growth in the last several years both organically and through M&A activity, completing two acquisitions amidst the COVID-19 pandemic. Leaning into the bench strength of the leadership team, Allworth pivoted to remote client appointments and an all-digital lead funnel to ensure continued client satisfaction and growth.
“We are honored to be named as one of America’s Best RIA Firms and to be recognized for our growth and progression as a firm,” said Scott Hanson, co-founder of Allworth Financial.
Barron’s Survey Methodology
The formula Barron’s uses to rank advisory firms is proprietary. The rankings are based on data provided by individual advisors and their firms. Advisor data is confirmed via regulatory databases, cross-checks with securities firms and conversations with individual advisors. The formula Barron’s uses the following major ranking components: assets managed, revenue produced, quality of practice, technology spending, staff diversity and succession planning. The quality-of-practice component includes an evaluation of each advisor’s regulatory record.