Allworth Financial Review 2026: Pros, Cons and How It Compares
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Our Take
4.7
Reviewed in: March 2026
Period considered: Feb. - March 2026
Allworth offers an array of investment options to customize portfolios and can manage assets across any type of account held by its custodians, including workplace retirement plans. The firm’s highest AUM fee is 1.5%, which is above average; the rate drops as asset levels increase.
Allworth Financial
Fees
0.30% to 1.5%
Account minimum
$250,000
but may be waived or negotiated at the firm's discretion
Fees
0.30% to 1.5%
Account minimum
$250,000
but may be waived or negotiated at the firm's discretion
Promotion
None
no promotion available at this time
Show details
Pros & Cons
Comprehensive and holistic approach to wealth management with in-house experts who cover financial planning, investing, tax planning, estate planning and insurance planning.
Works with a wide range of investment options to customize portfolios, including alternative investments.
Offers tax-loss harvesting, direct indexing and other automated tax strategies.
Can manage assets in any account type held by one of its custodians, including workplace retirement plans.
Services tailored to certain industries, including airline employees.
AUM fees are relatively high. Allworth declined to provide a full fee table for review.
Fee-based advisor.
Compare to Other Advisors
$2,600 and up per year
$0
None
Varies by Advisor (free initial consultation)
$150,000
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Full Review
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In our review of Allworth
- Where Allworth Financial shines
- Where Allworth Financial falls short
- Who should choose Allworth Financial?
- Allworth Financial at a glance
- What to know about Allworth Financial's minimum and account fees
- Allworth Financial's advisor access
- Allworth Financial’s financial planning services
- Other key Allworth Financial features
- Good to know about Allworth Financial
Where Allworth Financial shines
Everything under one roof. Clients work with a dedicated advisor who will coordinate with in-house experts spanning every aspect of wealth management. Those with $5 million or more in assets under management (AUM) gain access to more estate and tax planning services covered by the annual management fee.
Where Allworth Financial falls short
Fees may be high. Like most financial advisors, Allworth charges a percentage of AUM for comprehensive financial advice. Its highest rate is 1.5%. The rate scales down to 0.30% for clients with more assets, but it’s not clear how much you have to accumulate to get the lower fee —Allworth did not provide any detail about this to the SEC in its Form ADV, and the firm declined to provide specifics to NerdWallet as part of our review process. Without that information, it’s difficult to determine when the firm may be a higher- or lower-cost option for consumers. Prospective clients will have to contact the firm to find out what they’ll pay.
Fee-based advisor. Allworth is a fee-based advisor, which means the firm is paid by clients but also via commissions or referral fees from other companies. Allworth receives referral fees when clients make deposits into certain cash management programs or sign up for health insurance services through eHealth Insurance Services Inc. The firm discloses these arrangements as potential conflicts of interest in its Form ADV.
Who should choose Allworth Financial?
Affluent households looking for holistic services. Allworth financial advisors coordinate with in-house experts covering every aspect of wealth management. So you’re getting depth as well as breadth of services, and your financial advisor can coordinate each piece. But don’t overlook the fact that, like many other financial advisors, Allworth’s fees are highest for those with the lowest AUM. That makes it a better choice for high-net-worth households. Those with $5 million or more will be able to take advantage of the in-depth estate planning and tax planning services included in the AUM fee.
Airline employees. Allworth has some services tailored to airline employees, such as airline and military benefits guidance. The firm works with employees at many major airlines, including Alaska, American, Delta, FedEx, JetBlue, Southwest and United.
Allworth Financial at a glance
Reviewed in: March 2026
Period considered: Feb. - March 2026
Costs and minimums | To compare fees across pricing models, this category rates all providers based on what a client actually pays at two portfolio benchmarks: $250,000 and $1 million in assets under management. Flat fees are converted into an effective AUM percentage using the fee for their entry-level tier. For firms that charge AUM-based fees on a tiered schedule, we calculate a blended rate across the tiers that apply at each benchmark. Allworth’s client minimum is $250,000, though that may be waived or negotiated at the firm's discretion. The firm’s highest fee rate is 1.5% but scales down to 0.30% as assets increase. (Note: We docked Allworth’s score in this category because the firm doesn’t disclose at what AUM level fees begin to be reduced, which prevented us from calculating costs at both portfolio benchmarks.) One-time planning engagements cost $2,500 on average, but depend on complexity and AUM. |
Advisor expertise | Allworth clients work with a dedicated advisor and a support team. Some advisors are certified financial planners (CFPs) or chartered financial consultants (ChFCs). Clients may also work with advisors specializing in investment management, tax strategy, estate planning and insurance. |
Scope of advice offered | Offers comprehensive financial planning that coordinates investments, tax strategy, estate planning, income design, insurance and risk management within a single framework. tax, estate and insurance planning. Tax planning is offered to all clients and included in their fee. Clients above $5 million work with a wealth planner who can do more complex tax planning. Tax preparation and filing is a separate service available at Allworth. The firm offers it at a discount to clients with $1 million or more in AUM; and it becomes a complimentary service for clients with $5 million or more. The firm’s estate planning services depend on AUM. In-house team of estate planners can review existing estate planning documents, make recommendations and oversee the drafting of new documents. But clients may be referred to a third-party estate planning service or law firm. |
Advisor accessibility | Clients work with a dedicated advisor and a support team who are available to meet by email, phone, video or in person, with no cap on access or the number of meetings available. |
Transparency | This category rates whether the firm's fee structure reflects a commitment to avoiding conflicts of interest and acting in the client's best interest, as well as how accessible the advisor's fees are, with the highest rating awarded to advisors who clearly list their full fee structure on their website in addition to their ADV filing. Allworth is a fiduciary fee-based financial advisor, which reduced its score in this category. Additionally, we could find Allworth’s fee range only in its ADV, which also reduced its score in this category. |
Portfolio construction | Allworth uses pre-constructed models with asset allocations designed to meet each client’s risk/reward needs, then customizes based on client goals and other factors. Individual stocks, alternative investments and other investment options may be included. Client assets are held at either Schwab or Fidelity, and Allworth can manage any accounts held by its custodians. Advisors can advise or even directly manage most 401(k)s. |
What to know about Allworth Financial's minimum and account fees
You need at least $250,000 in investable assets to work with an Allworth advisor. But the firm says this account minimum may be negotiated lower or waived completely.
For holistic wealth management that includes comprehensive financial planning and investment management, Allworth charges an AUM fee of up to 1.5%. Fees scale down to 0.30% as assets increase. As noted above, Allworth declined to share the AUM breakpoints at which fees start to reduce. If the 1.5% rate is applied to a $250,000 portfolio, you’d pay roughly $3,750 annually in AUM fees at that AUM, which is a competitive rate among wealth management firms reviewed by NerdWallet. However, we're not able to fully assess the fee and compare to other firms without detailed information.
Allworth also provides financial planning only (without asset management) for a flat fee of $2,500, on average. The cost includes four sessions with an advisor and may be higher or lower depending on the complexity of the plan and the amount of assets under management.
If you’re considering Allworth, you’ll want to reach out to the firm in order to compare costs between Allworth and other financial advisors you're considering, based on your investable assets.
Allworth Financial's advisor access
Allworth clients work with a dedicated advisor backed by a supporting team of people who are accessible virtually and in person. (Allworth has offices in 20 states.) Some advisors are certified financial planners (CFPs) or chartered financial consultants (ChFCs) — credentials that require extensive experience and expertise to obtain. We generally suggest working with an advisor holding one of these designations whenever possible.
Allworth advisors may also be attorneys or CPAs; many have investment expertise and hold credentials as chartered financial analysts (CFAs), accredited investment fiduciaries (AIFs) or certified fund specialists (CFSs).
Allworth Financial’s financial planning services
Allworth says it takes a “planning first” approach to wealth management. The firm has an advanced planning team, as well as specialists covering tax, estate planning and insurance. And advisors coordinate and implement plans across these areas, so that each financial decision becomes a piece in a larger puzzle rather than standing alone.
Some services may require paying additional fees or are only available to people over certain asset thresholds.
Estate planning is available to every client but depth of service depends on AUM. In-house estate planning specialists can analyze your existing plan, make recommendations and oversee the creation of key documents, such as wills, powers of attorney, advanced health care directives and trusts (you may need to pay an estate attorney to actually create these documents). But you must have $1 million or more in AUM to work with Allworth’s senior estate planners. At that level, additional fees apply if you need complex document drafting that would require an estate attorney. For clients with $5 million or more in AUM, Allworth covers up to $3,500 of estate attorney fees every other year.
Tax planning is offered to all clients and included in their fee. But clients above $5 million get a wealth planner who can do more complex tax planning.
Tax preparation and filing is a separate service available at Allworth. The firm offers it at a discount to clients with $1 million or more in AUM; it becomes a complimentary service for clients with $5 million or more.
Allworth also offers specialty services for airline employees, dentists and energy employees. For example, in addition to typical financial advising services, airline employees receive airline and military benefits guidance, as well as survivor and incapacitation assistance.
Other key Allworth Financial features
Portfolio construction
Allworth customizes portfolios for each client by combining a variety of investment options that support your financial plan. It has pre-constructed models with allocation mixes designed to meet your specific risk/reward characteristics. The firm also works with separately managed accounts, alternative investments (e.g., private equity, private debt, private real estate, private infrastructure, etc.), options overlays, bond ladders and individual equity portfolios. (An options overlay is a strategy used to mitigate risk in certain situations, such as when you have a concentrated position in a particular stock.)
Expense ratios will vary by portfolio. Allworth’s primary allocation model has an expense ratio of about 0.11%.
Accounts supported
Allworth advisors can manage any accounts held by its custodians, which include Fidelity and Charles Schwab. That includes taxable accounts, IRAs, trusts and 529s, among others. Advisors can advise or even directly manage most 401(k)s.
Tax strategy
Allworth uses various strategies to minimize taxes and help clients keep more of their wealth. Examples include:
Year-round automated tax-loss harvesting.
Direct indexing.
Tax-favorable strategies for charitable giving, such as donor-advised funds or charitable remainder trusts.
Optimized wealth transfer strategies, such as 529 college savings plans or irrevocable trusts.
Tax-friendly retirement withdrawal strategies.
Good to know about Allworth Financial
Allworth is a registered investment advisor founded in 1993. It has more than $33 billion in assets under management, according to its Form ADV. A large share of its clients are high-net-worth individuals, which is a term used by the U.S. Securities & Exchange Commission to identify clients with more than $1.1 million in AUM. These factors can be useful indicators of the firm’s experience and stability, as well as who it may be designed to serve best.