Houlihan Lokey Advises Allworth

Houlihan Lokey is pleased to announce that Allworth Financial (Allworth) has entered a new strategic investment partnership co-led by Integrum Holdings LP (Integrum), Lightyear Capital LLC (Lightyear), and Ontario Teachers’ Pension Plan (Ontario Teachers’). This transaction was announced on April 30, 2026.

Founded in 1993, Allworth is one of the largest and fastest-growing independent registered investment advisory (RIA) firms. Serving clients in all 50 states through more than 40 offices in the U.S., Allworth delivers integrated financial planning services, including investment management, tax planning and preparation, estate planning, insurance, and 401(k) management. With approximately $35 billion in assets under management and administration, Allworth is consistently recognized as a top-20 RIA by Barron’s. Allworth is committed to providing scalable, personalized financial guidance that helps clients plan wisely and enjoy life.

“We are grateful for the partnership Lightyear and Ontario Teachers’ have provided over the past five years and are excited to welcome Integrum. With all three investors at the table, we have the right group of thought and capital partners to accelerate our growth and expand our capabilities,” said John Bunch, Chief Executive Officer of Allworth.

Lightyear is a New York-based private equity firm that partners with growing companies at the nexus of financial services and technology, healthcare, and business services. As of December 31, 2025, the firm had assets under management of $8.1 billion.

Ontario Teachers’ is a global investor with net assets of $279.4 billion as of December 31, 2025. Ontario Teachers’ is a fully funded defined benefit pension plan, and it invests in a broad array of asset classes to deliver retirement security for 346,000 working members and pensioners.

Integrum invests in technology-enabled services companies, partnering with management teams to accelerate growth. The firm pursues a high-conviction, concentrated approach—proactively sourcing opportunities and working closely with portfolio companies to scale through technology, talent, and expansion into adjacent markets and service offerings.

Houlihan Lokey served as financial advisor to Allworth.

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