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RIAs, M&A and Why Brand Value Matters

Added on September 2019 in M&A Issues
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Summary: This shouldn’t take us by surprise: Deloitte’s survey early in the year found that 76% of U.S. M&A executives and 87% of M&A leaders at private equity firms expected the number of deals to increase in 2019. I’d call that a pretty solid consensus.

Don't just sell to the highest bidder

Added on September 2019 in M&A Issues
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Summary: Not a week goes by that I don't see an article about how advisory firm valuations are at all-time highs.

High Valuations Driving Advisors to Consider Selling

Added on September 2019 in M&A Issues
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Summary: Advisors are bullish on the industry’s prospects for continued M&A, although some challenges, such as a lack of confidence that the next generation can afford to buy them out, abound, according to a recent DeVoe & Co. study. ​

My Story-Aug 29: Fiduciary Focused Firm Looking to Acquire

Added on August 2019 in M&A Issues
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Summary: ​We have grown steadily through organic growth, but are looking to accelerate our growth by adding additional advisors, purchasing a book of business or expansion into existing or new markets through acquisition of entire firms.  Our firm has a very service and value added focus and we use individual stocks and bonds to work with each client to meet their specific needs.  Always a fiduciary.

New twist on private equity in RIA space: Silent minority ownership

Added on July 2019 in M&A Issues
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Summary: Kudu Investment Management acquired a minority stake in First Long Island Investors in a deal that highlights a new twist on private-equity capital finding its way into the advisory space.

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