Hanson Mcclain Advisors
8775 Folsom Blvd. Suite 100
Sacramento, CA 95826
No. advisers: 123
|Financial planning clients||11-25|
|High-net-worth client assets||Up to 50%|
|Percentage of assets under management||Yes|
|Total AUM||Total Accounts||Avg. Account AUM|
December 11, 2019 - If you're an adviser, the greatest value you bring to clients is keeping them from making mistakes from which they won't recover. This past week, I was reflecting on the different outcomes experienced by two couples who recently came into our office for...
October 28, 2019 - Sacramento, Calif.-based Allworth Financial continued its aggressive acquisition strategy by purchasing Dallas-based RAA, a $2.8 billion registered investment adviser that specializes in serving airline industry employees. The deal, which is subject to...
October 15, 2019 - I spoke at a conference recently, and I couldn't help but notice the advanced ages of many of my peers. The fact is that our industry is full of advisers who are approaching retirement age. And, in speaking with them, I learned that a few have succession...
October 1, 2019 - If you were a general manager trying to build a championship sports team, would you intentionally stock your roster with mediocre players? No way. You'd never stop searching for the best people you could find. I've had hundreds of employees, many of whom...
September 17, 2019 - Not a week goes by that I don't see an article about how advisory firm valuations are at all-time highs. This hot market has convinced a lot of advisers to consider selling. If this is you, don't let price be the determining factor. For a little background,...
September 4, 2019 - I recently met an adviser who, even though he ran a thriving practice, voiced a desire to make his business grow. But while he had plans in place to bring in new clients, he'd done almost nothing to acquire them. Why? In an all too common scenario, he'd...
August 9, 2019 - Allworth Financial, the Sacramento, Calif.-based registered investment adviser formerly known as Hanson McClain Advisors, has acquired Siena Wealth Management, a San Jose, Calif.-based firm managing $250 million. (More: Lightyear's Wealth Enhancement...
July 23, 2019 - I started out as a commission-based salesperson at a national financial services firm. It was the best bad thing that ever happened to me. (I'll explain why in a moment.) That firm sold me (and 20 others) on the money I could make and provided me with...
February 1, 2019 - Hanson McClain Advisors of Sacramento, Calif., has acquired HBP Retirement Group, a Napa, Calif.-based registered investment adviser managing $235 million in assets. The acquisition, terms of which were not announced, increases Hanson McClain's AUM to...
September 27, 2018 - Five financial advisers and two firms won leadership awards for their charitable initiatives and corporate philanthropy on Thursday night at the 12th annual Invest in Others Awards. Presented by the Invest in Others Charitable Foundation, the awards program...
- N/A = Not available
- N/D = Not disclosed
- — = Information not available or not disclosed
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*Methodology: InvestmentNews qualified 2,298 firms headquartered in the United States based on data reported on Form ADV to the Securities and Exchange Commission as of November 1, 2019. To qualify, firms must have met the following criteria: (1) latest ADV filing date is either on or after January 1, 2019, (2) total AUM is at least $100M, (3) does not have employees who are registered representatives of a broker-dealer, (4) provided investment advisory services to clients during its most recently completed fiscal year, (5) no more than 50% of amount of regulatory assets under management is attributable to pooled investment vehicles (other than investment companies), (6) no more than 25% of amount of regulatory assets under management is attributable to pension and profit-sharing plans (but not the plan participants), (7) no more than 25% of amount of regulatory assets under management is attributable to corporations or other businesses, (8) does not receive commissions, (9) provides financial planning services, (10) is not actively engaged in business as a broker-dealer (registered or unregistered), (11) is not actively engaged in business as a registered representative of a broker-dealer, (12) has neither a related person who is a broker-dealer/municipal securities dealer/government securities broker or dealer (registered or unregistered) not one who is an insurance company or agency.
Database last updated on January 15, 2020.