Allworth Financial

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Kevin Selbyvia Google

2 months ago

I am so thankful for the considerate guidance from All Worth.

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John Roeservia Google

over 3 years ago

Poor Service. Re: Confirming your Appointment with Lauren Williams My wife and I scheduled our day around the appointment which never materialized. We waited on the video call for 15 min. We never even received a call that Lauren was running late or had to reschedule. We would never do this to a client. Very disappointed. They seem very disorganized internally.

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Laura Calhounvia Google

over 6 years ago

I attended the Allworth Financial Retirement Symposium on 8/10 at Sonoma State University. I highly recommend it. Definitely time well spent. The symposium provided a wealth of information and food for thought. I have listened to the weekly radio podcast for 2 years and have learned a lot and thoroughly enjoy the banter between Scott and Pat.

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Darlene Davisvia Google

almost 7 years ago

My husband and I switched to Allworth (Hanson & McClain) a few years ago. We were nervous at first because this switch was at the same time we were in the middle of retiring. I have to say that we are so glad we made the move because our Advisor helped us through this transition by spending time with us to understand our then current financial situation as well as what our goals, plans and potential future challenges might be. We continue to be very pleased not only with the personal service and sound advice we have received but we have come to believe that he truly wants what is best for us.

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Tim Blackvia Google

about 7 years ago

I had a large part of my retirement saving with Hanson McClain for the last 5 years. I have been mostly retired for the last year. This was a substantial amount of money. My risk tolerance has been reasonably conservative and my advisor had about 40% in ETFs/Mutual funds and the rest in cash, money markets or CDs. Over the 5 years my account grew the meagerly amount of 0.06% per year or a total of about 3% over 5 years (over this same 5 year period the DOW grew by 78%). Not being happy with this performance I wrote an email to one of the two principals of the company telling him I was unhappy with the performance and could he review my situation and convince me that this kind of performance was fair. He did the review and responded very quickly, but his response astounded me. His first sentence was "To be totally frank with you, I'm questioning if we are the right firm for you". I wish he would have told me this 5 years ago! He cited that over the years my account had a very high content of CDs (they don't take any fee on CDs, money markets or cash). In a response, I told him the money that was in CDs had previously been in cash in the account earning nothing. What I did was suggest to my advisor that he put this cash into CDs or money markets until he found suitable other investments, as appropriate, so at least it was earning something which seemed reasonable to my advisor and me. He closed his response with, "If you would like to move your account, please instruct your Advisor to do so". In reviewing my account performance, I noted that every one of the ETFs/Mutual funds my account was invested in, lost money except for two which made very little. It was a good thing I had the CD income and some dividends to offset the losses. Shortly thereafter, as I was considering what to do, I got an email from my advisor saying "it would be best if Hanson McClain removed themselves as your advisor on your account." So basically they kicked me out of the firm. Only conclusion I could come to was my account did not have enough money in ETFs, Mutual Funds or stocks for them to make enough fees to be happy and they are not interested in serving retired conservative investors. My basic investing philosophy and risk tolerance really did not change over the 5 years, so Hanson McClain should have told me "To be totally frank with you, I'm questioning if we are the right firm for you" before I placed my significant retirement savings with them. Given that, Hanson McClain did me a great disservice by taking my money in the first place and keeping it for 5 years with little gain in value. I feel I have lost 5 years of investment opportunities and I am almost starting over. I am happy to have my account back under my control and not with Hanson McClain. I would not recommend this firm.