Allworth Financial hires team from TD Ameritrade to boost mergers, partnerships

Allworth Financial, which has been growing with acquisitions in recent years, has hired a team of four industry veterans to accelerate mergers and partnerships. Sacramento-based Allworth in December made its 12th acquisition of a retirement advisory firm since 2017. It made five acquisitions in 2020 alone. “Independent broker-dealers are interested in moving from a commission model to a fee-based registered investment adviser model,” said Sean Harvey, marketing manager for Allworth. He said…