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Allworth Financial acquires $991 million St. Louis RIA

allworth ria

Horseman Group’s 13-member team works from three Missouri offices and serves more than 1,600 households.

Allworth Financial, a Folsom, California-based registered investment adviser managing $14 billion, has acquired Horseman Group of St. Louis, Missouri, an RIA managing $991 million.

Financial terms of the transaction were not disclosed.

Founded in 2002, Horseman’s 13-member team works from three Missouri offices and serves more than 1,600 households. The Horseman agreement increases Allworth’s footprint to 24 offices in 10 states.

[MORE: Allworth Financial acquires $480 million RIA]

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