# Allworth Financial, L.P.

> Allworth Financial, L.P. is an SEC-registered investment advisory firm in Folsom, CA, registered since 2007, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated July 29, 2026.

- CRD: 111167
- Filed as: ALLWORTH FINANCIAL, L.P.
- Also doing business as: ALLWORTH AIRLINE ADVISORS, ALLWORTH FINANCIAL, GEORGE MCKELVEY & CO., HORSEMAN GROUP, RAA, REDROCK WEALTH MANAGEMENT, SALZINGER SHEAFF BROCK, SHEAFF BROCK, STEWART & PATTEN CO.
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: Folsom, CA
- Filing period: October 2026
- Form ADV filing dated: July 29, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/111167
- AdvisorCensus page: https://advisorcensus.com/firm/allworth-financial-l-p-folsom-ca-111167

## Quick answers

**How is Allworth Financial, L.P. compensated?**
On its Form ADV (Item 5.E, October 2026), Allworth Financial, L.P. reports these compensation arrangements: a percentage of assets under its management; fixed fees (other than subscription fees); performance-based fees.

**How much does Allworth Financial, L.P. charge?**
Its Form ADV Part 2A brochure dated July 29, 2026 states: Flat fee: $1,500 to $30,000 (Financial planning services (Specialized Planning Services)). Fees can differ by service and may be negotiable; the brochure is the complete statement.

**Where is Allworth Financial, L.P. located?**
Allworth Financial, L.P.'s principal office is in Folsom, CA, according to its Form ADV; the August 2026 filing also lists 26 other offices (Schedule D, Section 1.F).

**Is Allworth Financial, L.P. registered with the SEC or a state?**
Allworth Financial, L.P. is an SEC-registered investment advisory firm, registered since 2007. Status as filed: Approved. CRD 111167.

**How much does Allworth Financial, L.P. manage?**
Allworth Financial, L.P. reports $33,554,007,293 in regulatory assets under management in its Form ADV filing dated July 29, 2026 (99% discretionary).

**How have Allworth Financial, L.P.'s assets and staff changed since 2021?**
In the Form ADV data for Allworth Financial, L.P.: Regulatory assets under management: $10,118,711,655 in the October 2021 data and $33,554,007,293 in the October 2026 data, up 232%. Total employees: 218 in October 2021 and 493 in October 2026. Assets under management move with markets as well as with clients coming and going.

**What types of clients does Allworth Financial, L.P. serve?**
By number of clients on Form ADV Item 5.D: individuals (other than high net worth individuals) (19,503); high net worth individuals (9,283); pension and profit sharing plans (but not the plan participants or government pension plans) (259).

**Which custodians does Allworth Financial, L.P. use?**
Allworth Financial, L.P.'s most recent Form ADV filing (Schedule D, Section 5.K(3)) lists Charles Schwab & Co., Inc. and Fidelity Brokerage Services LLC as custodians holding 10% or more of its separately managed account assets.

**Does Allworth Financial, L.P. report any disciplinary disclosures?**
Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/111167

**What changed in Allworth Financial, L.P.'s recent Form ADV filings?**
In the August 2026 filing data: Updated its list of owners and control persons (Schedule A).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Fixed fees (other than subscription fees)
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated July 29, 2026)

- Flat fee: $1,500 to $30,000 (Financial planning services (Specialized Planning Services))

> Financial planning services are billed on a fixed fee basis with fees generally ranging between $1,500 and $30,000.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Custodians (Schedule D, Section 5.K(3))
- Charles Schwab & Co., Inc.
- Fidelity Brokerage Services LLC

Custodians holding 10% or more of the firm's separately managed account assets, as filed on Form ADV (Schedule D, Section 5.K(3)). A custodian holds client assets; it does not endorse or supervise the firm. AdvisorCensus has no relationship with any custodian.

### Regulatory assets under management (Item 5.F)
- Total: $33,554,007,293
- Discretionary: $33,064,569,149
- Non-discretionary: $489,438,144

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Individuals (other than high net worth individuals) | 19,503 | $6,996,370,059 |
| High net worth individuals | 9,283 | $25,233,482,966 |
| Banking or thrift institutions | 0 | $0 |
| Investment companies | 0 | $0 |
| Business development companies | 0 | $0 |
| Pooled investment vehicles (other than investment companies and business development companies) | 2 | $54,845,217 |
| Pension and profit sharing plans (but not the plan participants or government pension plans) | 259 | $808,504,938 |
| Charitable organizations | 107 | $30,649,264 |
| State or municipal government entities (including government pension plans) | 0 | $0 |
| Other investment advisers | 0 | $0 |
| Insurance companies | 0 | $0 |
| Sovereign wealth funds and foreign official institutions | 0 | $0 |
| Corporations or other businesses not listed above | 143 | $430,154,849 |
| Other | 0 | $0 |

### Advisory services (Item 5.G)
- Financial planning services
- Portfolio management for individuals and/or small businesses
- Portfolio management for pooled investment vehicles (other than investment companies)
- Portfolio management for businesses (other than small businesses) or institutional clients
- Pension consulting services
- Selection of other advisers (including private fund managers)
- Publication of periodicals or newsletters
- Educational seminars/workshops

### Firm details
- Registered since: 2007 (19 years)
- Employees: 493 total, 165 performing advisory functions
- Wrap fee program participation: Yes
- States registered or notice-filed: AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the August 2026 filing
- Addison, TX
- Albuquerque, NM
- Bel Air, MD
- Blue Ash, OH
- Campbell, CA
- Chico, CA
- Dansville, NY
- Denver, CO
- Durham, NC
- Houston, TX
- Indianapolis, IN
- Kennesaw, GA
- Lafayette, CA
- Larkspur, CA
- Las Vegas, NV
- Lawrence, KS
- Manasquan, NJ
- Phoenix, AZ
- Riverwoods, IL
- Roseville, CA
- Sacramento, CA
- Seattle, WA
- St. Louis, MO
- Tucson, AZ
- Walnut Creek, CA
- Waltham, MA

### Websites listed on Form ADV (Item 1.I)
- allworthfinancial.com
- redrockwealth.com
- sheaffbrock.com
- stewartandpatten.com
- Facebook @RAAFinancialAdvisors
- Facebook facebook.com
- LinkedIn @allworth
- LinkedIn @raa-financial-advisors
- X @AllworthRetire
- YouTube @UCi3mTR9DpHN8-capxwC6o2w

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $10,118,711,655 | 218 | September 28, 2021 |
| October 2022 | $13,749,494,528 | 343 | August 30, 2022 |
| October 2023 | $16,969,522,811 | 343 | July 14, 2023 |
| October 2024 | $19,313,695,523 | 392 | May 31, 2024 |
| October 2025 | $25,097,132,975 | 466 | July 1, 2025 |
| October 2026 | $33,554,007,293 | 493 | July 29, 2026 |

Regulatory assets under management: $10,118,711,655 in the October 2021 data and $33,554,007,293 in the October 2026 data, up 232%.
Total employees: 218 in October 2021 and 493 in October 2026.

## Changes in the filing (last 12 months)

### August 2026
- Updated its list of owners and control persons (Schedule A).

### April 2026
- Employees performing advisory functions went from 151 to 165.
- Regulatory assets under management went from $25,097,132,975 to $33,554,007,293 (+34%).
- No longer lists an office in Fairfield, CA.
- No longer lists an office in Grandville, MI.
- No longer lists an office in Indianapolis, IN.
- No longer lists an office in Lincoln, CA.
- No longer lists an office in Los Gatos, CA.
- No longer lists an office in Redding, CA.
- No longer lists an office in Rochester, NY.

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. Allworth Financial, L.P. (CRD 111167): Form ADV filing data as of October 2026.