Added on January 2018 in M&A Issues
0 visitor like this article | Viewed 4457 times | 0 comment
Summary: Whether you’re an employee at one of the major firms, an independent advisor with a broker dealer or the principal of your own RIA, acquiring a book of business is likely a topic that has captured some of your mindshare.
Added on January 2018 in M&A Issues
0 visitor like this article | Viewed 4432 times | 0 comment
Summary: The registered investment advisory channel is “ripe” for consolidation, and a short list of firms capitalizing on the market environment have experienced tremendous growth in the last five years.
Added on January 2018 in M&A Issues
0 visitor like this article | Viewed 12949 times | 0 comment
Summary: Despite a slowdown in RIA deal volume during the third and fourth quarters, there was a record 168 transactions in 2017, up 21.7 percent from 2016, according to a report from ECHELON Partners, a investment banking and management consulting firm. The average deal size in 2017 was also valued at more than $1 billion for the second year in a row.
Added on January 2018 in M&A Issues
0 visitor like this article | Viewed 4475 times | 0 comment
Summary: Wealth managers interested in selling their firms should not believe the hype about a strong seller’s market, says Dan Seivert, CEO of Echelon Partners, a leading investment banking firm for the industry.
Added on January 2018 in M&A Issues
0 visitor like this article | Viewed 4567 times | 0 comment
Summary: In one of the earliest deals of 2018, two RIAs have merged their complementary traditional and social media capabilities to form a new firm with nearly $3 billion in assets under management.
