Allworth Financial Acquires Novak Financial Planning
September 1, 2021
Allworth Financial has acquired Novak Financial Planning, a Bel Air, Maryland-based RIA with approximately $365 million in AUM and roughly 450 advisory clients. The deal brings husband-and-wife founders Dan and Carol Novak into Allworth as equity partners and expands Allworth's national footprint from coast-to-coast.
- Buyers
- Allworth Financial
- Targets
- Novak Financial Planning
- Sellers
- Dan Novak, Carol Novak
- Industry
- Wealth Management
- Location
- Maryland, United States
- Transaction Type
- Addon
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