Allworth Financial: Platform Profile

Overview

Allworth Financial is an SEC-registered investment adviser providing investment management and financial planning across a national office network.

The current minimum question is straightforward:

• Management account minimum annual fee: $2,500

The current maximum-fee question is not.

Allworth's March 2026 Form CRS states:

• Form CRS asset management maximum: 1.85%

Its March 2026 Form ADV Part 2A states:

• Part 2A maximum fee charged: 2.00%

Current services include:

• discretionary asset management;
• non-discretionary asset management;
• financial planning;
• tax planning;
• estate and legacy planning;
• insurance/risk services;
• direct indexing;
• separately managed accounts;
• private equity and private debt;
• real estate and real assets;
• hedge-fund strategies;
• structured and alternative investments.

May fit better for

• households seeking coordinated planning and investment management;
• clients without a large asset-minimum hurdle;
• investors who want tax-aware portfolio management;
• clients seeking direct indexing or SMAs;
• eligible investors seeking private-market exposure;
• households comfortable with an affiliated broker/insurance channel.

May fit less well for

• small accounts for which a $2,500 annual minimum fee is expensive;
• investors who want one completely standardized public fee;
• clients who want no affiliated brokerage or insurance conflicts;
• users who want all third-party manager and fund costs included in the advisory fee;
• investors who need daily liquidity from private funds.

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Allworth Financial, L.P. is the registered adviser

Current regulatory identity:

• Investment adviser: Allworth Financial, L.P.
• CRD: 111167
• SEC number: 801-68255

The organization also includes AW Securities, a separate registered broker-dealer.

Some professionals can also hold insurance or brokerage licenses and receive commissions in those separate capacities.

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There is no general household investment minimum

Current March 2026 Form CRS states that Allworth does not impose a minimum household investment amount to establish an investment-management account.

Private funds are different.

Current proprietary private funds require:

• Private fund minimum: $250,000

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Management accounts have a $2,500 annual minimum fee

Current March 2026 documents:

• Minimum annual management fee: $2,500

$100,000

$2,500 ÷ $100,000 = 2.50%

$250,000

$2,500 ÷ $250,000 = 1.00%

These examples show the effect of the minimum.

They do not state that either relationship will necessarily be accepted or priced only by the minimum.

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Current primary documents publish different maximums

Form CRS:

• Retail asset management max: 1.85%

Part 2A:

• Part 2A maximum fee charged: 2.00%

Allworth charges 1.85%.

Allworth charges 2%.

Actual percentage depends on:

• account nature;
• asset value;
• signed fee schedule;
• negotiation;
• grandfathered/acquired schedule;
• household aggregation.

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Fees are billed quarterly in advance

Current disclosure:

• Asset management billing: quarterly in advance

The calculation uses the fair market value of the client account at the previous billing-period end, subject to adjustment rules.

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Asset-management clients do not pay a separate ordinary planning fee

Current Form CRS states:

• Separate financial planning fee for asset management clients: No

For non-asset-management clients, fixed financial-planning fees can range:

• Standalone financial planning fee range: $1,500-$30,000

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Private funds add separate economics

Allworth currently manages proprietary private funds.

Current disclosures state:

• Private fund minimum: $250,000
• Private fund management fee: 1.50% of committed capital
• Private fund admin fee range: 0.125%-0.250%

The Form CRS also warns of:

• management fees;
• performance fees;
• partnership operating expenses;
• general-partner fees.

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Third-party advisers can add 0.05%-1.00%

Current Part 2A describes third-party adviser/platform fees that can range:

• TPA fee range: 0.05%-1.00%

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Both discretionary and non-discretionary services exist

The governing agreement determines trading authority.

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Fidelity and Schwab are primary custody references

Current disclosures:

• Custodian:
• Fidelity
• Charles Schwab
• Allworth physically custodies ordinary brokerage assets: No

Custodian research, technology and referral programs can create economic benefits for Allworth.

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Affiliated brokerage and insurance compensation require separate labels

Current Allworth disclosures identify AW Securities and insurance-related compensation routes.

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Ordinary advisory accounts do not use performance-based fees

Current Part 2A:

• Ordinary performance based advisory fee: No

Private funds can have performance fees.

Keep:

• Private fund performance fee possible: Yes

separate.

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Current scale is dated

Current 2026 consumer site disclosures show:

• Public AUM: $39 billion
• Client: 31,000+

March 2026 Part 2A reported approximately $33.55 billion as of December 31, 2025.

Store dates/definitions rather than treating the different dates as an error.

Assessment

Allworth's current review should lead with two distinctions.

First:

no general asset minimum does not mean no economic minimum.

The $2,500 annual management-fee floor matters for smaller accounts.

Second:

the two current regulatory documents publish different fee ceilings.

The correct treatment is to preserve the 1.85% CRS figure and the 2.00% Part 2A figure rather than silently selecting one.