Lightyear buys Allworth Financial at a white-hot valuation, despite short track record, after Scott Hanson cracks a marketing and comp code
Only founded as Allworth in 2017, the Sacramento, Calif., RIA with $10 billion of AUM looks like a growth machine that may have commanded as much as $800 million.
Author Brooke Southall October 20, 2020 at 5:26 PM
Wowza
October 20, 2020 — 7:03 PM
Wow remarkable valuation and big vote of confidence from Ontario Teachers Pension as a direct co-investor w/ Lightyear
Moneyclip
October 20, 2020 — 7:18 PM
Brilliant curation!
Mentioned in this article:
Allworth Financial
Mergers and Acquisition Firm, RIA Serving Other RIAs, Advisory Firm
Top Executive: Scott Hanson and Pat McClain