M&A Deal Summary

Allworth Financial Acquires Second Opinion Partners

On August 24, 2022, Allworth Financial acquired financial services company Second Opinion Partners for 440M USD

Acquisition Highlights
  • This is Allworth Financial’s 6th transaction in the Financial Services sector.
  • This is Allworth Financial’s largest (disclosed) transaction.
  • This is Allworth Financial’s 6th transaction in the United States.
  • This is Allworth Financial’s 1st transaction in Illinois.

M&A Deal Summary
Date 2022-08-24
Target Second Opinion Partners
Sector Financial Services
Buyer(s) Allworth Financial
Deal Type Add-on Acquisition
Deal Value 440M USD

Target

Second Opinion Partners

Riverwoods, Illinois, United States
Second Opinion Partners is an independent fiduciary that focuses on providing education on current investments, insurance, tax and estate planning, Social Security, and cash flow. Second Opinion Partners was founded in 1997 and is based in Riverwoods, Illinois.

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Buyer(S) 1

Buyer

Allworth Financial

Sacramento, California, United States
Category Company
Founded 1993
Sector Financial Services
DESCRIPTION

Allworth Financial is an independent investment financial advisory firm that specializes in retirement planning, investment advising, and 401(k) management with a direct approach to financial planning. The company delivers long- and short-term investment planning solutions and advice to help clients achieve goals and plan strategically for retirement. Allworth Financial was formed in 1993 and is based in Sacramento, California.

DEAL STATS #
Overall 6 of 6
Sector (Financial Services) 6 of 6
Type (Add-on Acquisition) 6 of 6
State (Illinois) 1 of 1
Country (United States) 6 of 6
Year (2022) 2 of 2
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-08-24 Muchler Financial Services

Dansville, New York, United States

Muchler Financial Services provides businesses and individuals across Rochester and the Southern Tier with skilled retirement planning. Muchler Financial Services was founded in 1999 and is based in Dansville, New York.

Buy $200M
Mergr

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