Knowledge and Insight
Take advantage of the wealth of information in the Knowledge and Insight Digest. Read curated and organized industry articles.
Study: Succession Could Drive Further RIA Consolidation
Added on November 2014 in M&A Issues
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Summary: A survey of TD Ameritrade's largest registered investment advisory firms that use its services showed that 72% of those advisers, who manage more than $1B in client assets, expect further industry consolidation in the coming year, while 10% said they expect a “significant” jump in activity ahead.
To Ensemble or Not To Ensemble
Added on October 2014 in M&A Issues
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Summary: While outright acquisitions and deals get all the media attention, mergers are quietly transforming the industry. At the time you read this, thousands of advisors are negotiating the combination of their practices with others in order to create scale, leverage each other’s skills, gain resources, and tackle succession. Perhaps the fastest and best way to grow into a bigger firm is by merging with another business.
The Breakup: When Partnerships Go Awry
Added on October 2014 in M&A Issues
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Summary: Like all too many marriages, advisor teams that often seemed inseparable wind up crumbling and falling apart for a variety of reasons. But often the reasons behind a breakup don’t become fully apparent until the partners explore a move to a new firm.
Growth Through Synergy
Added on October 2014 in M&A Issues
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Summary: Synergy has been defined as a phenomenon where one plus one equals three. We agree. For years, we’ve been reading about how the financial advice business will experience a proliferation of mergers, acquisitions and consolidations.
Wood Investment Counsel, Obermeyer merger makes a mountain of an RIA
Added on October 2014 in M&A Issues
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Summary: The merger of two prominent Colorado advisory firms has earned them the top spot in wealth management in the state. The combination of Wood Investment Counsel of Denver and Obermeyer Asset Management of Aspen will manages $1.7 billion assets — beating out Weatherstone Capital Management of Denver, which oversees $1.2 billion in assets.
