Podcasts about allworth financial

Scott discusses what the P&G layoffs will do to the local economy in Cincinnati with Allworth Financial's Andy Shafer. Also Austin Elmore breaks down what is going on with the Reds, and Elizabeth Baker explains if we really still need animal testing for medicine.

Scott discusses what the P&G layoffs will do to the local economy in Cincinnati with Allworth Financial's Andy Shafer. Also Austin Elmore breaks down what is going on with the Reds, and Elizabeth Baker explains if we really still need animal testing for medicine.

Scott talks with Amy Armstrong Smith about how you can save some local Girl Scout troops. Also Ken Reider discusses the shortage of air traffic controllers and why DOGE is asking some retired ATCs to come back. Finally Andy Shafer from Allworth Financial breaks down the situation with the markets.

Scott talks with Amy Armstrong Smith about how you can save some local Girl Scout troops. Also Ken Reider discusses the shortage of air traffic controllers and why DOGE is asking some retired ATCs to come back. Finally Andy Shafer from Allworth Financial breaks down the situation with the markets.

In this episode of the Dakota Fundraising News Podcast, Pat and Konch highlight key job changes, including Jan Murtha's upcoming departure from the North Dakota State Investment Board, Kelli Washington's appointment as CIO of The California Endowment, and Nick Ciatti joining Cliffwater's private equity team. In RIA/FA M&A news, Mariner Wealth Advisors expands with acquisitions in Florida and California, adding $878M in AUM, SEIA acquires Beverly Investment Advisors, and Allworth Financial strengthens its presence in Northern California and the Pacific Northwest with Ryan Wealth Management. Institutional updates feature City of Marlborough's small-cap equity manager search and significant private equity and real assets commitments from Fresno County Employees' Retirement Association, Orange County Employees Retirement System, and Arkansas Teacher Retirement System. Fundraising news includes S3 Capital's $335M first close on its third real estate credit fund, Blue Earth Capital raising $113M for its evergreen private credit strategy, and BondBloxx launching a private credit ETF targeting middle-market CLOs. Join us for the latest updates in institutional and wealth management!

Sloan discusses how private equity ended the Frisch's empire in Cincinnati with Andy Shafer from Allworth Financial. Also taking a few minutes to remember Pete Rose, comparing Donald Trump's Cabinet nominees vs the Cabinet of Joe Biden, and finally Michelle Sloan has some tips for winterizing your home.

Sloan discusses how private equity ended the Frisch's empire in Cincinnati with Andy Shafer from Allworth Financial. Also taking a few minutes to remember Pete Rose, comparing Donald Trump's Cabinet nominees vs the Cabinet of Joe Biden, and finally Michelle Sloan has some tips for winterizing your home.

Wondering how much you really need to save to retire comfortably? Or how to best manage 401K plans for your employees? This episode has the answers. I'm joined by Kelly Richards, a partner advisor at Allworth Financial, who has nearly two decades of experience helping dentists transition from big spenders to big savers through strategic financial planning. We dive into the importance of maximizing your 401(k) with profit sharing and how Allworth Financial's low-cost platform can significantly boost your retirement savings.  Kelly also breaks down why ETFs are superior to mutual funds and explains the dangers of trying to time the market, which can cost you big time. From defining your "retirement number" to why you should only hire fiduciary advisors, this episode will put you on the right track to make smarter financial decisions.  Tune in now to learn how you can secure your future and grow your wealth. — Key Takeaways: Introduction (00:00) Kelly Richard's experience at Supercharge Your Dental Practice (00:46) Kelly's background & how he helps dental practices (04:09) 401K profit sharing & cash balance plans (06:46) Mutual funds vs. exchange traded funds (14:55) Finding your retirement “number” & timing the market (17:56) Final thoughts & lighting round Q&A (22:54) — Connect with Allworth Financial:  Website: https://allworthfinancial.com/ Email: kelly.richards@allworthfinancial.com   — Learn proven dental marketing strategies and online reputation management techniques at DrLenTau.com. This podcast is sponsored by Dental Intelligence. Learn more here. This podcast is sponsored by The Doc Sites, the leading provider of websites and online marketing for dentists. Find out more here. Raving Patients Podcast is your go-to place for the latest and best dental marketing strategies that will help you skyrocket your practice. Follow us for more!

Join hosts Pat Tighe and Konch as they break down the latest in fundraising and institutional investing. In this episode, we discuss key job changes, including Michael Burgos stepping into the role of Director of Investments at the Cystic Fibrosis Foundation, and Alberto Santulin's move to CIO of Alts at the Abu Dhabi Investment Authority. We also dive into significant RIA and FA mergers, such as Merrill Lynch's recent acquisition of nearly $1 billion in assets from new Texas and New York teams, and Allworth Financial's expansion with its $1.1 billion acquisition of George McKelvey Company. For institutional updates, we examine the Illinois Firefighters' Pension Investment Fund's $80 million search for private infrastructure investments and the Michigan State Investment Board's recent $300 million commitment to Apollo Accord+ II Fund.Get the inside scoop on personnel moves, major mergers, and evolving investment strategies across the industry, and don't miss our upcoming Dakota Cocktails in Philly and Toronto—register at dakota.com/cocktails.   

Scott breaks down what is happening at the DNC with Congressman Greg Landsman (OH-1). Why today might be a good day to look at your portfolio with Allworth Financial's Andy Schafer. Finally 1st Amendment attorney Jack Greiner warns you about porn deepfakes, and why you might not be able to stop them.

Episode 057: Financial advisors often go beyond the confines of business to become trusted guides in their client's financial lives. More than crafting investment strategies and managing portfolios, advisors offer support and expertise to individuals and families through various life stages and financial challenges.  In this episode, Kyle talks with Scott Hanson, Co-Founder and Vice Chair at Allworth Financial. A nationally recognized financial expert, Scott has been named to Barron's list of the Top 100 Independent Wealth Advisors in America numerous times and has been listed as one of the 25 most influential people in the financial services industry nationwide. For more than 29 years, Scott has co-hosted Money Matters, a financial radio program and podcast, making it one of the longest-running shows of its kind in America. Scott talks with Kyle about what makes financial advisory a noble profession. He discusses his early experiences in the industry and the shift toward a more inclusive and diverse approach to financial advising. Scott also shares Allworth Financial's successful consolidation strategy, the importance of marketing as a business development tool, and why they're a sought-after partner for firms.  In this episode: [01:36] - Scott's money moment [02:41] - Scott's early career in financial services [07:06] - Allworth Financial's approach [09:24] - The driving force behind Allworth's growth [13:03] - Why organic growth is difficult for some firms [15:50] - How radio and podcasting has impacted Allworth's growth [20:11] - Stepping down from leadership [28:05] - Scott's outlook on the future of the industry [35:21] - What good planning looks like [36:22] - Scott's Milemarker Minute Key Takeaways What makes financial advice a noble pursuit is guiding clients through life's diverse challenges, embodying a role far beyond asset management. Marketing is one of the most effective ways to grow organically. A proactive approach to marketing and client development is critical. Embracing a blend of data-driven decision-making and a client-centric approach is pivotal to the industry's growth and success. Quotes [06:14] - "The longer I'm in this industry, the more noble I believe it is. I've personally held clients' hands through lots of different things, whether financial markets going crazy or their personal lives going crazy. Navigating the clients through all those different seasons is tremendously valuable to them." ~ Scott Hanson [33:35] - "If someone's at Allworth, they're going to be well served. One of the reasons I'm passionate about continuing to grow the organization is there are a lot of people out there who need good financial advice, and I would love to be able to provide it to them." ~ Scott Hanson Links  Scott Hanson on LinkedIn Allworth Financial Lincoln Financial Focus Financial Partners Johnson Financial Group Money Matters Radio Show and Podcast Pat McClain Dan Sullivan Strategic Coaching John Bunch Switch on Your Brain Connect with our hosts Milemarker.co Kyle on LinkedIn Jud on LinkedIn Subscribe and stay in touch Apple Podcasts Spotify YouTube Produce game-changing content with Turncast Turncast helps your company grow by producing top-quality content and fostering transformative conversations. We specialize in content generation, podcasting, digital strategy, and audience growth for fintech and financial services companies. Learn more at Turncast.com.

Scott breaks down what is happening at the DNC with Congressman Greg Landsman (OH-1). Why today might be a good day to look at your portfolio with Allworth Financial's Andy Schafer. Finally 1st Amendment attorney Jack Greiner warns you about porn deepfakes, and why you might not be able to stop them.

As the market fell this morning over 1000 points, Scott brings on Allworth Financial's Amy Wagner to discuss if it is time to panic, and what this means for the American economy going forward.

As the market fell this morning over 1000 points, Scott brings on Allworth Financial's Amy Wagner to discuss if it is time to panic, and what this means for the American economy going forward.

Insights on how a successful partnership built and sustained 30 years of enormous growth at Allworth Financial. Host: Steve Sanduski, CFP.

Mike Allen fills in for Scott Sloan discussing the trial in New York against former President Trump with Steve Goodin. Next Andy Schafer from Allworth Financial joins Mike to give you some financial advice. Finally Rabbi Ari Jun joins Mike to discuss the attacks on Jews in Cincinnati, and the war in Gaza.

Mike Allen fills in for Scott Sloan discussing the trial in New York against former President Trump with Steve Goodin. Next Andy Schafer from Allworth Financial joins Mike to give you some financial advice. Finally Rabbi Ari Jun joins Mike to discuss the attacks on Jews in Cincinnati, and the war in Gaza.

Jason Phillabaum breaks down the Walmart settlement. Brad Stuart talks about the eclipse. Three things with Sara Elyse. Simply Money, presented by Allworth Financial, talks about the latest economic news. Sloan talks about college debt. George Ruel discusses the allegations against the fired NKU WBB coach.

Jason Phillabaum breaks down the Walmart settlement. Brad Stuart talks about the eclipse. Three things with Sara Elyse. Simply Money, presented by Allworth Financial, talks about the latest economic news. Sloan talks about college debt. George Ruel discusses the allegations against the fired NKU WBB coach.

Three Things with Tiff Porter. Andy Shafer from Allworth Financial gives his Allworth advice. Brad Walden discusses the bridge collapse. Nick Neonakis breaks down why fast food prices have doubled in ten years.

Three Things with Tiff Porter. Andy Shafer from Allworth Financial gives his Allworth advice. Brad Walden discusses the bridge collapse. Nick Neonakis breaks down why fast food prices have doubled in ten years.

What will you be retiring to? Don't just wing it. Design it. Join our next Design Your New Life in Retirement small group program starting on April 26th. There's one spot left... _________________________ What lessons learned can you glean from a top financial advisor who's helped many people successfully retire? Scott Hanson, of Allworth Financial, joins us to share his insights and discuss the Four Pillars you'll want to put in place to build the satisfying retirement you've earned. Scott Hanson joins us from California. _________________________ Bio Scott Hanson is a founding principal and Vice Chair at Allworth Financial. A nationally recognized financial expert, he's been named to Barron's list of the Top 100 Independent Wealth Advisors  in America numerous times and has been listed as one of the 25 most influential people in the financial services industry nationwide. For over 28 years, Scott has co-hosted Allworth Financial's Money Matters, a call-in, financial topic radio program and podcast, making it one of the longest-running shows of its kind in America. A frequent guest columnist for several national financial publications, Scott is the author of Personal Decision Points: 7 Steps to Your Ideal Retirement Transition and Money Matters: Essential Tips & Tools for Building Financial Peace of Mind. In 2010, Scott was recognized as the Outstanding Philanthropist by the Association of Fundraising Professionals, California Capital Chapter, and has received the Distinguished Alumni Award from his alma mater, California State University, Chico. It 2021, he was recognized by Investment News as one of the 10 “Icons and Innovators” of the financial services industry nationwide. In 2019, Scott was the inspiration behind the founding of Allworth Kids, which has provided laptops, overnight kits, and financial assistance to over 200,000 foster kids to date. Scott and his wife Valerie reside in El Dorado Hills, CA and have four children. ____________________________ For More on Scott Hanson Allworth Financial Allworth Financial's  Money Matters _____________________________ Podcast Episodes You May Like Life in Retirement: Expectations & Realities – Catherine Collinson Live Life in Crescendo – Cynthia Covey Haller Independence Day – Steve Lopez ______________________________ Wise Quotes On Work as an Option "So I think it's really important that people get to a point where retirement's an option and where work is an option, not an obligation. When people get to that point where they have the financial independence, I think it changes their mindset and they can look at work a lot differently. They have other options available to them. And so for us, for financial advisors, it's really about getting to that point where you've got that independence where you can choose your own future." On Planning for Life After You Retire "A lot of people think 'Well, as soon as I retire, I'm going to get rid of all my responsibilities and just going to have all kinds of blank space and a blank canvas to build from.' That's not always a very healthy way to approach retirement. I'll never forget, years ago, I had a client, she was an executive, a CEO of a mid-size company with a couple of hundred employees, and she had done a nice job saving. She'd come in and we'd talk about her retirement preparedness. So we're having the same conversation again - our annual review. And I said to her 'Stacy, let's assume you're retired today. Tell me what your next few weeks look like. How are you spending your time?' She says 'What do you mean? 'I said 'Well, your entire career, you've been coaching people, mentoring people, you've been involved in strategic plans, you've been working as teams. What are you going to do in retirement to still have some of those activities? 'And she sent me an email two weeks after our conversation and she said: Your questions haunted me.

Sloan brings on candidates Adam Matthews, Phil Heimlich (R-OH2), and Barbra Carter (judicial candidate) to break down today's primary election in Ohio. Also Andy Shafer from Allworth Financial tells Scott how we can lower inflation.

Scott discusses how the economy can lower inflation and avoid stagnation and recession with Andy Shafer of Allworth Financial.

Scott discusses how the economy can lower inflation and avoid stagnation and recession with Andy Shafer of Allworth Financial.

Episode 7 of our podcast series brings you the latest from the fundraising world, featuring significant job changes, strategic mergers, and acquisitions, alongside insightful institutional investment trends. We spotlight Michael Brand's new role as Partner and Global Head of Real Assets at Mercer, following his tenure at Cambridge, and delve into Allworth Financial's acquisition of Brennan Asset Management, marking a significant expansion in California. This episode also covers Max Ohnesorge's move to the Gordon and Betty Moore Foundation, showcasing a continued focus on hedge fund investments, and introduces Richaed Law-Deeks as the future CEO of LGPS Central in the UK. In the M&A landscape, we discuss the noteworthy acquisition by Pathstone, further solidifying its position in the market with over $100 billion under management. Additionally, we explore Wells Fargo's strategic hiring spree, adding experienced advisors and bolstering its wealth management capabilities. On the institutional side, we highlight LA City Employees Retirement's ambitious 2024 Private Credit Strategic Plan and share updates on recent commitments by LACERS to private equity and venture funds. Join us for these updates and more, providing a comprehensive overview of the strategic moves and investment insights that are shaping the future of fundraising

Paul Seegert joins the show to discuss the rural hospital crisis. Sloan talks about the Pope`s newest declaration. Three things with Sara Elyse. Steve Sprovach, from Allworth Financial, gives his simply money advice. Representative Allison Russo, Ohio Minority Leader, discusses pot legislation. Phil Boone, from HeGetsUs, talks about the Pope, LGBTQ+ community, and the future of religion.

Paul Seegert joins the show to discuss the rural hospital crisis. Sloan talks about the Pope`s newest declaration. Three things with Sara Elyse. Steve Sprovach, from Allworth Financial, gives his simply money advice. Representative Allison Russo, Ohio Minority Leader, discusses pot legislation. Phil Boone, from HeGetsUs, talks about the Pope, LGBTQ+ community, and the future of religion.

Scott talks about missing veteran money with Hamilton County Commissioner Alicia Reese, the latest in the stock market with Derek Bullen of Allworth Financial, and state rep Rodney Creech explains to Scott why he wants to eliminate Daylight Savings Time.

Scott talks about missing veteran money with Hamilton County Commissioner Alicia Reese, the latest in the stock market with Derek Bullen of Allworth Financial, and state rep Rodney Creech explains to Scott why he wants to eliminate Daylight Savings Time.

Scott debates the pros and cons of Ohio Issue 1. Also Steve Sprovach from Allworth Financial lets you know if now is the time to reinvest in the market, and 2nd Amendment lawyer Edwin Walker explain why red flag laws failed to stop the shooter in Maine.

Scott debates the pros and cons of Ohio Issue 1. Also Steve Sprovach from Allworth Financial lets you know if now is the time to reinvest in the market, and 2nd Amendment lawyer Edwin Walker explain why red flag laws failed to stop the shooter in Maine.

Good Monday Morning!7:05 AM - Daryna Onyshko is a brand ambassador for Ukraine, speaking on why Western support for her country is critical for freedom and stability throughout Europe. 7:30 AM - Christopher Smitherman discusses Israel and NO on 228:05 AM - Brian James with Allworth Financial and Money Monday- How the Middle East affects the markets- Watch out for war scammers- Paul Krugman walks back a stupid comment about inflation8:40 AM - Empower U Seminar - Dangerous Individual Recognition - October 17th

Scott breaks down the events surrounding Adam 'Pacman' Jones 24 hours later. Also the latest on the market with Allworth Financial's Steve Sprovach, what lead to the hack of the MGM computers with Dave the IT guy, and Dr. Eneida Roldan tells us if the new Covid boosters are safe.

Sloan discusses student loan debt with Allworth Financial's Steve Sprovach, tonight's GOP debate without President Trump with Dr Frank Sorrentino, and Fentanyl is still wreaking havoc across the country. James Rauh joins Scott to break it down.

Daniel DiMartino joins the show to discuss the US losing workers to Canada. Tiff joins the show for the Three Things With Tiff segment. Steve Sprovach offers his Allworth Financial advice. Jason Phillabaum breaks down the Joe Mixon trial. Zach Goldberg talks about what Cincinnati gets wrong about police violence.

Sloan continue his assault on State Issue 1. Also what to expect as you approach retirement with Amy Wagner from Allworth Financial, and why Denise Driehaus wants to cut back on spending at the Cincinnati Zoo.

Scott discusses travel woes with Jason Ambrosi from the Airline Pilots Association, the state of the economy with Steve Sprovach of Allworth Financial, and new questions about the Brent Spence Bridge project with Brendon Cull of the Cincinnati/USA Regional Chamber of Commerce.

Scott continues his discussion of the fallout from the Abby Michael verdict. Also could we see a market rebound this year. Listen to what Steve Sprovach from Allworth Financial thinks. Finally what does the Trump indictment today mean for the 2024 election? Scott talks with Frank Sorrentino from PoliSci to find out.

Scott gets an update on the increase of fires and explosions from Ohio Fire Marshall Josh Hobbs. Steve Sprovach from Allworth Financial tells us why the FED may hold off on raising interest rates again. Finally how you can help send the children of veterans and first responders to school with Brent Black from Folds of Honor.

Sloanie breaks down reaction to the cops being cleared of charges in the killing of Jayden Walker in Akron. Also Steve Sprovach from Allworth Financial and Donovan O'Neil the Ohio Executive Director of AFP remind you taxes must be mailed out today!

Sloanie discusses the John Carter case with attorney Mike Allen, why we are less prepared for retirement today with Allworth Financial's Steve Sprovach, and why the Cincinnati Fire Chief was fired with Councilperson Liz Keating.

Sloanie discusses the possibility of a new arena downtown with FC Cincinnati President Jeff Berding, the fallout from two major banks collapsing over the weekend with Allworth Financial's Steve Sprovach, and making equal-time shared parenting the law in Ohio with Representative Rodney Creech.

Pat McClain, Senior Partner and Co-Founder of Allworth Financial is much more than his company. He is distinguished in the RIA industry, co-hosting for more than two decades Allworth Financial's Money Matters, one of the nation's longest-running financial topic radio shows and podcasts. He has also served as a keynote speaker for a multitude of financial conferences around the nation. Pat was named one of the 10 “Icons and Innovators” by InvestmentNews in 2021. Pat's expertise has contributed to Allworth Financial being ranked 23rd on Barron's 2021 Top 100 Independent Advisors list. While under his and his partner Scott Hanson's leadership, Allworth Financial has grown to over $15 billion in assets. As the RIA space grows, the options for buyers and sellers can get a little clouded. As an industry leader, Pat understands just how make-it-or-break-it the market is today. Growing up in a socioeconomically modest, large Irish family, he jokes that what he wanted to grow up to be was “not picked on,” but his serious desire was to go into business of some sort, like his father. Pat recollects his first commissioned job as a child through his father. They would go to hotels being remodeled and acquire all the pictures and paintings that were being replaced, then go to swaps and flea markets to re-sell them for $2-3 a piece. His commission was generous, he says, at 25¢ each picture. A good deal for a child who was not even 10-years-old! That dealmaker mindset ran steadfast as Pat grew up. In junior high, he ran a cactus stand for a man at the same swaps and flea markets he would attend with his father. After 6 months, the cactus-stand owner went on vacation and never returned, so Pat was positioned to buy out the man's entire inventory, and took on the business for himself. This adolescent cactus stand became Pat's first business ever. ALLWORTH AND A MODEST START Before Allworth Financial, Pat and fellow now-Co-Founder Scott Hanson worked at a different firm in neighboring cubicles. Three decades ago, Pat and Scott decided to leave that business and establish their own firm, Hanson McClain Advisors. Pat rolled out his $10k IRA for 60 days to fund the initial capital for the business, and he and Scott were able to lease office space from an accountant and began buying the bare necessities to get started. A modest start, but a start flush with potential nevertheless. In their company's infancy, they began with a salaried advisor model and market and make the appointments for the advisors. HITTING A RISK TOLERANCE WALL As Pat and Scott grew their firm, they realized they had something special. As time passed, more and more interest began coming towards the pair, and they were beginning to have to turn away offers due to hitting a risk tolerance wall. For Pat, he says that at that point more money was clearly possible, but more money wouldn't necessarily make his life better, however less money would have. Which is not often something many people think of when they're riding the wave of financial growth. Many people think the goal is to just accumulate as much money as possible, however, a good businessperson understands the risks involved with consistently trying to accumulate more money than what you need or can handle, not just personally but within your business, too. By taking personal inventory of his risk tolerance, Pat was able to balance his work and life to something he – and his family – are happy with. His business seems to be happy with his choices, as well. In his words, “he quit running his business for cashflow, and started running it for value and for long-term capital appreciation.” GROWING UP ALLWORTH FINANCIAL ORGANICALLY AND INORGANICALLY In 2017, Allworth Financial sold a controlling stake to Parthenon Capital, a “private equity firm that partners with and invests in management teams and their companies,” per their own website. In 2020, Parthenon Capital sold off its $8 billion stake of Allworth Financial. Pat speaks highly of Parthenon, attributing this acquisition as “one of the best decisions we ever made.” This major acquisition in 2017 by Parthenon allowed Allworth to grow significantly, and in Pat's words, “Brought a level of sophistication to our business that was beyond what we were doing, but not what we were capable of; they made us think about us being bigger than ourselves.” This push in the right direction allowed Pat and Scott to go from $2.4 billion in AUM to nearly $10 billion in less than 4 years. In late 2020, a new capital partner, Lightyear Capital, bought out Parthenon Capital, adding great value to Allworth Financial. Because of all these high-value deals, Allworth Financial's menu of offerings to clients has grown exponentially. They've made acquisitions, integrated key additional capacities and other additions to their firm's offerings such as: Integrated tax offerings – sometimes even for free to clients Integrated in-house insurance desk Integrated estate planning Hired an estate planning attorney to review wills and trusts Added 55 IP for tax laws harvesting Direct indexing SMAs Highly robust Analytics and Insights Team Pat estimates because of these previous deals, his firm's offerings have expanded by at least ten-fold. Many of these expansions and additions are not accessible to smaller firms, as they weren't to Allworth prior to their deals with Parthenon and Lightyear. Many small firms would love to have fully stocked departments and heads, but Pat states you have to get to scale in order for it to work. Although some owners can become overzealous and end up putting the cart before the horse, well-thought out strategic growth is very different. This goes back to one of my many discussions I have had about ego and dealmaking, and not allowing your ego to run your business. In Pat and Allworth's case, the growth has been very strategic and successful. MERGERS & PARTNERSHIPS: A PERSONAL INTEGRATOR MODEL In the RIA space, like many others, the term “mergers and acquisitions” is commonplace. For Pat, he prefers to call them “mergers and partnerships.” Pat prefers “mergers and partnerships” because Allworth looks to bring in like-minded aligned people who will become key partners in the firm moving forward, especially being on the same wavelength about: Financial planning Tax Estate planning Asset management While M&As don't seem like a very personal thing, Pat and Allworth Financial choose to take a more personal approach to their mergers and acquisitions, ensuring that the partnerships and deals formed are about mutual satisfaction and harmony. All that said, at the core, Allworth Financial operates under a primarily integrator model. The key to Allworth's integrator model is the whole business is shifted onto a common platform. The benefit to this model choice is two-pronged for Pat: Free up time for partners and advisors, so they have the time to do what they like to do, IE: go out and generate business or meet clients. It offers significant efficiencies through technology and processes. EFFICIENCY IN BUILDING A CLIENT BASE In a space where significant equity is being rolled over, Pat wants to make sure the deal is a perfect fit, and it can be exceptionally difficult to find a good fit for your needs. IE: The best marketers may not be the best financial advisors, and vice versa. Pat's model splits the two: He has 26 marketers on a team, and a call center that schedules the appointments for the advisors. While advisors are free to seek out their own clients – and the compensation for that may differ – he's found that having a dedicated team in the call center setting up appointments for his advisors runs more fluidly for everyone involved. This setup has also allowed Allworth the freedom to bring on many different types of advisors and personalities under their banner: The ones that like to go out, meet the folks, have the golf meetings and drum up their own business The ones that have no interest in doing all the socializing to make the connection and prefer the clients seek them out The advisors who like any degree of balance between those two types Granted, most of Allworth's advisors choose to utilize the call center and have appointments assigned to them, having this freedom to accommodate different personalities allows for his firm to not restrict themselves on the types of clients they bring in, broadening their potential clientele pool significantly. INTEGRATING WITH PURPOSE Pat has certainly been on many sides of the M&A scope. He's been the employee, the small business, and the co-owner of a multi-billion-dollar company. He's had the opportunities to see inside the nooks and crannies and inside all the closets within RIA space, so it's safe to say his expertise is well-rounded through experience. For instance, Pat knows that no entrepreneur has ever thought, “sign me up for a corporate job and give me an infrastructure that I need to report-in to.” His belief is that Allworth's job is to find out what people's motivations are. Pat offers the perfect anecdote of a firm they integrated recently, wherein the owner's personal goal was to just go out and generate business, work the first couple of years with the client, and then he wants to step away and allow someone else to nurture the ongoing relationship. It's important to Pat that his firm has flexibility for its clients, and has the ability to work with its clients, not against them, and certainly not force them into decisions or boxes they don't want. • • • For my full discussion with Pat McClain, and more on the topic:Listen to the Full DealQuest Podcast Episode Here • • • FOR MORE ON PAT MCCLAIN:https://www.linkedin.com/in/patmcclain/https://allworthfinancial.com/ https://allworthpartners.com/ Corey Kupfer is an expert strategist, negotiator, and dealmaker. He has more than 35 years of professional deal-making and negotiating experience. Corey is a successful entrepreneur, attorney, consultant, author, and professional speaker. He is deeply passionate about deal-driven growth. He is also the creator and host of the DealQuest Podcast. If you want to find out how deal-ready you are, take the Deal-Ready Assessment today!

Amy Wagner is Cincinnati's financial authority.Okay, so that might be overstating it just slightly, but as a financial reporter and anchor for Allworth Financial, she's become one of our area's most prominent voices when it comes to matters involving the economy and personal finances.Amy is the host of the Simply Money Radio Show on 55KRC and the Simply Money Podcast.  Her work is also seen on local television and on Cincinnati.com.  What I love most about her work is she makes complex financial issues seem simple, without all the clutter you see on places like CNBC.Amy pivoted to being a financial reporter after years of working in local TV. She spent years as an investigative reporter on Cincinnati television, and part of why I think she's so interesting is her pivot from more traditional TV work to a field she had no prior experience in.In our conversation, you'll hear us talk about her career, her move to the world of financial reporting, and what it's like to do her job in the midst of some very weird economic times. We'll talk expensive gas, the pathway toward better financial times, my favorite all-time story about the stock market, how to talk to kids about money, what exactly crypto is, and whether I'll be able to pay for my daughter's college with my old baseball cards. Amy is exceptionally fun to listen to and be around, I'm proud to call her a friend, and I was honored that she gave us some time for an interesting and fun conversation.  

Hanson describes his evolution as a leader and the steps he took to ensure success.

Scott discusses Cincinnati Urban Planning with 3CDC President and CEO, Steve Leeper. He also goes 1:1 with Tiff Potter about current news in entertainment and politics. Amy Wagner gives us an update on the latest from Allworth Financial. Mike Moroski from the CPS Board informs us of the post Superbowl school schedule and Adam Rizzieri has a look into the "survellance" ad ban.

Investors can build, manage and monitor their portfolios without ever talking to another human. So why do they choose an advisor? Personal connection. What makes them stay? A satisfying personal connection. In this episode, Laura Gregg and David Partain talk with Barbara Healy, Partner and Senior Financial Planner at Allworth Financial, about creating personal relationships … Continue reading Ep 69: How to Keep a Client (Hint: It's Not All About Money) – With Barbara Healy →

Andy Stout, CFA and the Chief Investment Officer of Allworth Financial joins the show to discuss the latest earnings reports, and economic stories catching his attention. Steve Sprovach and Brian James, CFP, discuss a potential change that could give the federal government a closer look into your bank account.   Amy Wagner and Steve also discuss the key habits of great savers. Amy interviews Mark Reckman, an Estate Planning Attorney at Wood + Lamping about the importance of deeding your home properly.

Steve and Brian James, CFP at Allworth Financial, discuss the latest earnings reports from Cincinnati companies and what they mean for the local economy. They also talk about a new Bitcoin ETF and the key considerations before moving in retirement. Amy and Steve answer your questions about money and retirement in the Allworth Mailbag.   Amy interviews Carla Messer the Chief Results Officer of BestWork and an Assistant Professor at Indiana University East, about the signs that you could be a successful entrepreneur.  

Amy and Steve discuss Southwest Airlines' recent problems and give a check-up on local pensions. Steve and Brian James, CFP at Allworth Financial, talk about how to save for retirement if your employer does not offer a 401(k) plan. Amy interviews Mark Reckman, an estate planning attorney at Wood + Lamping, about what to look for in long-term care insurance policies.  

Steve Sprovach and Andy Shafer, a ChFC at Allworth Financial, discuss the insider trading allegations against local electric vehicle maker Workhorse.   Amy and Steve talk about how Robinhood is encouraging young investors to day trade and the surprising ways you could get less from Social Security than you think.   Steve interviews Dave Hatter about Facebook's outage and how to encourage your kids to use social media less often.

Amy Wagner and Steve Sprovach discuss how to feel more confident about creating retirement income and take your questions about financial planning. Andy Stout, CFA and the Chief Investment Officer of Allworth Financial, joins the show to break down how the debt problems from Evergrande, the Chinese real estate conglomerate, are affecting 401(k)s in the United States. Amy and Steve interview Chip Gerhardt, the President & CEO of Government Strategies Group, about how he helped create the ABLE Account, a tax-advantaged savings tool for those with special needs.  

Steve Sprovach and Andy Shafer, a Chartered Financial Consultant at Allworth Financial and a regular on Simply Money, discuss the ways local employers are gearing up for another COVID surge. Brian James, a CFP on the Allworth team, joins the show to talk about the human reason why Wall Street stock pickers often can't beat the market, and a wild cryptocurrency scam that involved the actor Steven Seagal. Steve interviews Marshall Allen, author of “Never Pay the First Bill: And Other Ways to Fight the Health Care System and Win” about some actionable ways to lower your medical bills.

LifeBlood: We talked about how the pandemic has motivated many people to reconsider major life choices like where we live, why it's so important to have your own definition of success, and how to as honest with ourselves and our loved ones as we can be with Mark Shone, CFP and Financial Advisor with Allworth Financial.  Listen to learn the questions to ask yourself if you're considering a major change! For the Difference Making Tip, scan ahead to 19:13! You can learn more about Mark at AllworthFinancial.com, Twitter, Facebook, YouTube and LinkedIn. Learn more about Money Alignment Academy and bringing Financial Wellness to your organization.   We're honored to have been named one of the top podcasts for investing! We're on YouTube, check us out! George is honored to be included on Investopedia's list of the Top 100 Financial Advisors for 2020! Have George speak to your organization. You can learn more about the show at GeorgeGrombacher.com, Twitter, LinkedIn, Instagram and Facebook or contact George at Contact@GeorgeGrombacher.com.

Brian James, a CFP at Allworth Financial and a regular on Simply Money, joins Amy to discuss Greater Cincinnati's hot real estate market, Robinhood's regulatory missteps, and the growing student debt problem for retirees. Amy interviews Dave Hatter, a Cybersecurity Consultant at Intrust IT, about how ransomware attacks are affecting the economy.

Andy Stout, CFA and the Chief Investment Officer of Allworth Financial, joins Amy and Steve to discuss why he’s optimistic about the long-term future of the American economy despite recent turbulence. Amy and Steve also discuss the actionable ways that you can plan for retirement expenses.   Steve and Andy Shafer, ChFC at Allworth, take your questions about money and investing, and Amy interviews Carla Messer, the Chief Results Officer of BestWork, about navigating the job market when you’re nearing retirement.

On this episode, program host and Allworth Co-CEO Scott Hanson welcomes Mark Shone, CEO of Shone Wealth Management of Walnut Creek, California, and the latest firm to partner with Allworth Financial. Shone and Hanson discuss the “a-ha” moment when Shone realized that he either had to make a big change to his business or get out of advising altogether.  Key Takeaways: How the responsibilities of operating a firm took the joy out of advising What specifically attracted him to partner with Allworth How Allworth offers more potential career options for his loyal staff The reason he now wants to keep working for another 5-15 years Where he looked for, and found, the inspiration to join forces with Allworth To learn more, please visit: https://allworthpartners.com/

On this week's Money Matters, Scott and Pat discuss who should prepare for future tax changes before interviewing Andy Stout, a CFA and the CIO of Allworth Financial, about SPACs, inflation, and the challenge of following a disciplined investment strategy in a bull market. Scott and Pat advise a caller who wants to put 10% of his investment portfolio into gold and silver. A caller with three rentals asks how he can lower his capital gains taxes if he sells a property. A man with a family income of $160,000 asks if he should make a Roth conversion. An investor in his 30’s asks how to save for retirement independently. Finally, a caller asks how he can find out how much he’s paying in investment fees. Ask a question by clicking here, or email Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

With 12 transactions under our belt, we have learned a lot about M&A best practices in our industry. How about you? Do you really understand what it takes to acquire or merge with a firm and realize the value of that deal in a meaningful way? In April's State of the Industry podcast, Allworth Co-CEO and host Scott Hanson welcomes Pete Engelken, who has not only overseen 12 partnerships as COO of Allworth Financial, but has a long history of quarterbacking deals in the financial services industry.. On “What it takes to be a buyer of firms,” Hanson and Engelken explain to listeners: How to find the right partner and cultural alignments Why every deal and negotiation are unique Where the money originates, how equity is earned, and who assumes the debt Overcoming common (and not so common) legal issues What industry regulations are at play in a deal Negative vs. positive client consent Aggregators vs. integrators vs. partial integrations It's a white-hot seller's market. Listen to two senior leaders of the 4th fastest growing RIA in America[1] come together to talk M&A.