No commissions, no ads, no advice. This Allworth Financial profile draws only on public records, each linked so you can confirm it yourself.

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The short answer: is Allworth Financial a fiduciary?

Yes. Allworth Financial is a fiduciary when it acts as your investment adviser, and it reports $33.6 billion in client assets. Publicly, it files with the SEC as Allworth Financial (CRD #111167). As of its latest Form ADV (filed July 29, 2026), the firm reported $33.6 billion in regulatory assets under management (a firm-reported figure). Its Form ADV (Item 5.E) lists how it is paid: a percentage of assets under management, fixed fees, and performance-based fees. You don't have to take this on trust. The filings are public, and checking them is quick.

Its Form ADV also reports that a related person is a broker-dealer (Item 7.A), and brokerage accounts fall under Regulation Best Interest instead. Ask which capacity covers each of your accounts. The firm must tell you. Our view: because Allworth runs advisory and brokerage business side by side, get that answer in writing, account by account, before you move money. Get started with Truthifi

What "fiduciary" means: a fiduciary is legally bound to place a client's interests above its own. (More on fiduciary duty)

Allworth Financial at a glance

✅ Verified from public filings, last checked October 5, 2026. Allworth Financial (SEC CRD #111167) is a fiduciary when acting as your adviser, on an advisory-fee basis, with $33.6 billion in regulatory assets under management. Every figure below links to its primary source.

What	Allworth Financial	Source
SEC CRD	#111167	IAPD
Registration	Investment adviser, with a related person that is a broker-dealer (Form ADV Item 7.A)	IAPD
Registered since	August 27, 2007 (SEC)	IAPD
Fiduciary?	Yes, when acting as your adviser	SEC adviser standard
Fee model	Advisory fees (no commissions reported in Item 5.E)	Form ADV Item 5.E
How it's paid	A percentage of assets under management, fixed fees, and performance-based fees	Form ADV Item 5.E
Regulatory Assets Under Management	$33.6 billion (Form ADV filed July 29, 2026)	IAPD
Client accounts	75,126 (73,370 discretionary)	IAPD
Employees	493 (165 in advisory roles)	IAPD
Ownership	Parent-owned	Form ADV Schedule A
Disclosures	Form ADV answers No to firm-level disciplinary questions	IAPD
HQ	Folsom, CA	IAPD

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Allworth Financial fees: what you'll pay

Your cost depends on how the firm is paid. The firm charges advisory fees: its Form ADV (Item 5.E) reports no commissions for its advisory services. Its filing also reports broker-dealer, insurance or other sales activity by the firm or a related company, business that can be paid by commissions. Ask how each part of the relationship is paid. Of the three pay methods Allworth lists, performance-based fees are the one to ask about by name: whether any of your accounts carry one, and how it is calculated. The details are in its Form ADV Part 2A. Get started with Truthifi

Advisory fees are what clients pay the adviser directly. Commissions earned through a related broker-dealer or insurance business are a separate source of pay.

Who owns Allworth Financial, and what conflicts does it disclose?

Allworth Financial's ownership is spelled out in the public record. According to Schedule A of its Form ADV, Allworth Financial is owned by Allworth Financial Group, L.P. (Form ADV Schedule A)

Its Form ADV Part 2A describes the firm's conflicts of interest, including how it and its advisers are paid.

Allworth Financial SEC record: disclosures

To check Allworth Financial's regulatory record, start with the firm's own filings. On its Form ADV, Allworth Financial answers No to the firm-level disciplinary-history questions. You can confirm that on the public record. Individual advisers can have their own records, so look them up on IAPD and BrokerCheck too.

According to IAPD, it has been registered with the SEC since August 27, 2007, makes notice filings in 51 jurisdictions, and reports 493 employees, 165 of them (about 33%) in investment advisory roles. "Is Allworth Financial legit?" comes up a lot. Its registration, CRD and filings are public and verifiable, which confirms it is a registered, regulated adviser. It doesn't confirm the firm suits you. The part worth your time is what you're paying and earning.

Reading Allworth Financial reviews against the public record

Star ratings capture how a relationship with Allworth felt. They rarely show what the firm reports to regulators. Before you weigh Allworth Financial reviews, set them against three points from its filing. Pay: advisory fees with no commissions on advisory services, alongside a related broker-dealer and other sales activity. Ownership: Allworth Financial Group, L.P., with conflicts described in Part 2A. Record: whether its Form ADV reports any disciplinary history. A glowing review from a discretionary advisory client says little about how a brokerage account at the same firm is handled, so read reviews alongside the record, not instead of it.

How to verify Allworth Financial yourself

Here's how to confirm all of it in three steps:

1. Check the SEC adviser record (IAPD): https://adviserinfo.sec.gov/firm/summary/111167.
2. Read the filings (Form ADV / Form CRS): linked from the IAPD page.
3. Confirm the entity: match Allworth Financial (CRD #111167, legal name ALLWORTH FINANCIAL, L.P.) so you're reading the right firm.

What Allworth Financial does and who it serves

On its Form ADV, Allworth Financial reports providing financial planning, portfolio management for individuals and small businesses, portfolio management (pooled vehicles), portfolio management for businesses and institutions, pension consulting, selection of other advisers, newsletters, and educational seminars.

It reports providing financial planning to 101 to 250 clients in its last fiscal year (Form ADV Item 5.H), a count the form keeps separate from the client totals below.

Its Form ADV (Item 5.D) breaks its clients down by type, 29,297 in all:

Client type	Clients	Assets managed
Individuals	19,503	$7 billion
High-net-worth individuals	9,283	$25.23 billion
Pooled investment vehicles	2	$54.8 million
Pension and profit-sharing plans	259	$808.5 million
Charities	107	$30.6 million
Corporations or other businesses	143	$430.2 million

The table tilts heavily toward wealthier households. High-net-worth individuals are about a third of the client count but hold $25.23 billion, roughly 75% of the $33.6 billion the firm reports. If your account is smaller, ask how service differs for it.

According to its Form ADV, it has 75,126 client accounts, more than the 29,297 clients counted above (many clients hold more than one account). Of those, 73,370 (about 98%) are discretionary, meaning the firm can trade without seeking your approval first, and 1,756 are non-discretionary (Item 5.F). Its main office is in Folsom, CA.

It reports that it or a related person has custody of certain client assets, which brings extra safeguards such as surprise examinations. The specifics are in its Form ADV.

With nearly every account discretionary, you are rarely asked before a trade. Your statements and trade confirmations become the main record of what was done on your behalf, so they deserve a regular read.

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The firm checks out in minutes. The real work is seeing everything you hold, together.

Confirming Allworth Financial is registered takes a few minutes. Seeing what you pay is harder. Allworth reports a related broker-dealer and other sales activity, so part of what you pay may sit outside the advisory fee on your statement. Your Allworth advisor also sees only the accounts it manages, not the old 401(k) at a former employer or a spouse's holdings. This is where Truthifi comes in.

How Truthifi can help

Truthifi links your accounts read-only and shows what you own, how it's allocated, how it's performing and where the risk sits, including single-stock exposure, returns next to a benchmark, a fee breakdown of the fees on each account, by type, and your Truthifi Score. The free Monitoring Checkup links up to 10 connections, per Truthifi platform data. You can share the accounts you choose with your advisor at Allworth Financial. Get started with Truthifi

Prefer your own AI? A paid Truthifi plan lets you connect an AI assistant that supports MCP sign-in, such as Claude. Truthifi Connect is the lighter membership for people who only want to use their own assistant. Questions about your fees need Monitoring or Monitoring Plus+. Get started with Truthifi · See how Truthifi keeps your accounts secure

Ask AI about your Allworth Financial accounts

Once your accounts are connected read-only, you can ask in plain English:

• "What do I own across my Allworth Financial accounts and everything else, and how is it allocated?"
• "What am I paying in fees across all of these accounts?"

Try it with Truthifi: start for free at app.truthifi.com and run a Monitoring Checkup (limits apply).

No commissions, no ads, no advice: Truthifi is not an investment adviser and doesn't give investment, tax or legal advice. Its access to your bank and brokerage accounts is read-only. Start free (limits apply). Monitoring Checkup is free. Link up to 10 connections. Plans and limits are on the pricing page → truthifi.com.

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FAQ

Is Allworth Financial a fiduciary? Yes, when acting as your adviser. Its Form ADV reports a related person that is a broker-dealer, and brokerage accounts fall under Regulation Best Interest instead. Ask which capacity covers each of your accounts.

Is Allworth Financial fee-only? Not necessarily. Its Form ADV (Item 5.E) reports no commissions for advisory services, but the filing also reports broker-dealer, insurance or other sales activity by the firm or a related company, which can be paid differently. Ask how everyone you deal with is paid. The details are in its Form ADV Part 2A.

Who owns Allworth Financial? Allworth Financial is owned by Allworth Financial Group, L.P., as listed in Schedule A of its Form ADV.

Does Allworth Financial have complaints or disclosures? Its Form ADV answers No to the firm-level disciplinary-history questions. Individual advisers can have their own records on IAPD and BrokerCheck.

Is Allworth Financial legit? Allworth Financial is registered with the SEC (CRD #111167), and its filings are public on the SEC's IAPD site. That confirms its regulatory status, not its quality or fit. Registration doesn't tell you what you'll pay, so read the fee and conflict sections of its Form ADV.

Can AI help me check whether I'm getting good value? Yes. Start free (limits apply): Monitoring Checkup is free and lets you link up to 10 connections. You can also connect an AI assistant you already use (such as Claude). On Monitoring or Monitoring Plus+ you can ask it, in plain English, about the fees on each of your accounts. Truthifi is not an investment adviser and doesn't give investment, tax or legal advice.

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About this profile

Truthifi built this profile from the firm's own SEC filings (Form ADV and, where filed, Form CRS). Every page is reviewed by the Truthifi Team before publishing. The Truthifi advisor fact packs are an ongoing series checking U.S. investment advisers against their public filings, one firm at a time.

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• What is a fiduciary?
• Fee-only financial advisor: costs and how to find one
• Are you paying too much? Why that might be the wrong question
• How to ask AI about your real investment accounts
• Robo-advisor vs. human financial advisor: which is better?
• All advisor fact packs on Truthifi

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A note on sources. The facts on this page come from publicly available documents, Allworth Financial's SEC filings, each linked inline so you can verify it yourself (SEC data current as of October 5, 2026). This is general information, not financial or legal advice, and Truthifi is not affiliated with Allworth Financial. Regulatory records change, so always confirm against the official sources linked above. Spot something that should be corrected? Email us at support@truthifi.com.