Capstonecap: Allworth Financial completes 9th acquisition

Sacramento-based Allworth Financial has acquired its third retirement planning company this year, with a $100 million firm in Ohio. Allworth's acquisition of Capstone Capital Inc. strengthens its presence in the Cincinnati market, where it previously made its first of nine acquisitions in a row since January 2018. Capstone is a small firm with its founder and one employee, but it has managed to grow to $100 million in assets under management in just 15 years, said Scott Hanson, co-founder of...