On December 14, 2023, Allworth Financial announced that it acquired Silicon Valley Wealth Advisors and Hall Private Wealth Advisors.
Under the terms of the transaction, Allworth Financial (“Allworth”) acquired Silicon Valley Wealth Advisors (“SVWA”) and Hall Private Wealth Advisors (“HPWA”). Further terms of the deals were not disclosed.
Allworth, based in California, is an independent registered investment advisor that specializes in investment advising, retirement planning, tax planning and preparation, estate planning, and 401(k) management. As of July 2023, Allworth had approximately $17 billion in assets under management.
SVWA, based in San Jose, California, is fee-only independent registered investment advisor offering portfolio management, personal financial planning, retirement planning and tax planning services. As of November 2023, SVWA had $329.9 in assets under management.
HPWA, based in San Diego, California is a boutique registered investment advisor offering planning, investment management, and oversight services. As of December 2023, HPWA had $291 million in assets under management.
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