Special Edition Podcast: Market Volatility, the Coronavirus and Your Practice

Mar 11, 2020

Special Edition Podcast: Market Volatility, the Coronavirus and Your Practice

In this special edition State of the Industry Podcast, our Co-Founder and Senior Partner, Scott Hanson discusses the precautions, communications and steps Allworth Financial is taking in response to the Coronavirus and market volatility.

On this episode, we welcome:

Scott Hanson, Co-Founder and Co-CEO, Allworth Financial (Host)
Brad Boekestein, Vice President of Marketing, Allworth Financial
Julie Anderson, Vice President of Human Resources, SPHR^®, Allworth Financial

Each guest offers a unique perspective on the latest developments with the Coronavirus and what the firm is doing in response to the outbreak and associated market activity.

Key Takeaways:

What advisors need to know about conducting business
How to handle client communication and updates
Precautions being taken by leadership and employees
Employee management, operations, and contingency plans

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1. Barron’s Top 100 RIA Firms: Barron’s ranking of independent advisory companies is based on assets managed by the firms, technology spending, staff diversity, succession planning and other metrics. Firms who wish to be ranked fill out a comprehensive survey about their practice. Allworth did not pay a fee to be considered for the ranking. Allworth has received the following rankings in Barron’s Top 100 RIA Firms: #14 in 2024, #20 in 2023 and #31 in 2022. #23 in 2021, #27 in 2020.

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4. As of 1/1/2025, Allworth Financial, an SEC registered investment adviser and AW Securities, a registered broker/dealer have approximately $26 billion in total assets under management and administration.

5. Investment 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.

6. 2021 Value of an Advisor Study / Russel Investments

7. RIA 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.

8. USA Today Best Financial Advisory Firms: USA Today’s ranking of Best Financial Advisory Firms was compiled from recommendations collected through an independent survey and a firm’s short and long-term AUM growth obtained from public sources. Allworth Financial did not participate in the survey, as self-recommendations are prohibited from consideration, and all surveyed individuals were selected at random. Allworth Financial did not pay a fee to be considered for the ranking. Allworth Financial received the ranking in 2024.

9. Financial Times FT 300 Top Registered Investment Advisers: The Financial Times’ ranking of the Top 300 Registered Investment Advisers is based on adviser AUM, asset growth, a firm’s age, industry certifications of key employees, SEC compliance record and online accessibility. The ranking is available to firms managing over $300 million in AUM. Allworth Financial completed a questionnaire to participate in the survey but did not pay a fee to be considered for the ranking. Allworth Financial received the ranking in 2019.

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