Added on April 2015 in M&A Issues
1 visitor like this article | Viewed 5599 times | 0 comment
Summary: Registered investment advisors were the leading acquirers in M&A deals in 2014 for the second year in a row, according to Schwab Advisor Services’ semiannual report, released Tuesday.
Added on April 2015 in M&A Issues
1 visitor like this article | Viewed 5401 times | 0 comment
Summary: Like in 2013, last year’s M&A market wrapped up the year with 54 deals completed, totalling $47.4 million in assets under management being transferred in the transactions. In 2013, Schwab reported the 54 deals that year consisted of about $43.7 million in assets.
Added on March 2015 in M&A Issues
0 visitor like this article | Viewed 5514 times | 0 comment
Summary: Whether merging practices or acquiring rainmakers, advice firms typically need outside help to find each other and close the deals. Custodians, investment bankers and boutique matchmakers can all add value for advisors. But picking the right consultant is a challenge in itself, since the service is only as good as its network and market intelligence.
Added on March 2015 in M&A Issues
1 visitor like this article | Viewed 5393 times | 0 comment
Summary: Advisers are aging—and few have a succession plan, or even a grip on how to sell, merge or add to their practice, say the creators of RIA Match Concierge Consulting.
Added on March 2015 in M&A Issues
1 visitor like this article | Viewed 5274 times | 0 comment
Summary: Even though the number of prospective buyers greatly exceeds the number of financial advisory firms on the market, owners often have unrealistic ideas about what their businesses are worth.
