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Prime Capital Financial, Allworth Acquire $500M-Plus RIAs
Yahoo Finance· 2026-01-20 18:25
Group 1: Prime Capital Financial Acquisition - Prime Capital Financial, based in Overland Park, Kansas, has acquired Bradshaw Rogers, a firm in Salisbury, North Carolina, with $600 million in assets under management [1][2] - The acquisition will add seven new employees, including founders Trent Bradshaw and Brandon Rogers, who will become partners at Prime Capital [2] - The integration of Bradshaw Rogers will enhance Prime Capital's tax coordination capabilities, complementing its recent expansion into tax services [3] Group 2: Allworth Financial Acquisition - Allworth Financial, located in Folsom, California, has acquired Grunden Financial Advisory, a Texas-based RIA with $500 million in assets under management [5][6] - Grunden Financial, after 25 years of operation, chose to partner with Allworth due to shared values in protecting and growing their business [7] - The Grunden team will continue to operate from their existing offices in the Dallas-Fort Worth area [6]