Added on March 2017 in M&A Issues
0 visitor like this article | Viewed 3827 times | 0 comment
Summary: For any independent financial advisor M&A deal to be successful, it's crucial to start with a detailed plan that outlines what the buying or selling advisor is seeking to achieve, and encompasses the right tactics that support the fulfillment of those goals.
Added on March 2017 in M&A Issues
0 visitor like this article | Viewed 4004 times | 0 comment
Summary: Crescent Wealth Management, a 15-year-old life-insurance consultancy in Atlanta, recently added investment advice to its toolkit through Dynasty Financial Partners, an infrastructure outsourcer to private-client RIAs.
Added on March 2017 in M&A Issues
1 visitor like this article | Viewed 3927 times | 0 comment
Summary: People often remark that advisory firms are now worth so much that nobody can afford them. This ironic observation reminds me of Yogi Berra's memorable quote, “Nobody goes there anymore. It's too crowded.”
Added on February 2017 in M&A Issues
0 visitor like this article | Viewed 3907 times | 0 comment
Summary: M&A deals in the RIA space jumped nearly 50% in average value to a record $1.7 billion in the fourth quarter, according to Charles Schwab.
Added on February 2017 in M&A Issues
0 visitor like this article | Viewed 3665 times | 0 comment
Summary: In 2016, there was a record number of mergers and transactions in the RIA industry, Schwab Advisor Services reported today, echoing other recent measures of the advisor M&A space, but Jon Beatty of Schwab says the numbers are in fact a “subplot of a bigger story: the growth of the RIA industry. Since the independent advisor space is “thriving, you’d expect M&A to follow suit,” said the senior VP of SAS in a Wednesday interview.
