Because the wealth administration business matures, merger and acquisition exercise has grown from sporadic to bustling. In 2018, there have been 181 offers involving RIAs, one other banner yr because of consolidators of registered funding advisors. Deal quantity reached a brand new excessive for the sixth-straight yr.
This week, Echelon Companions, a Los Angeles-based funding financial institution and consulting agency targeted on wealth and funding managers, revealed a 34-page report on deal exercise in 2018 that's full of knowledge and evaluation.
We parsed via the report and pulled out a few of among the highlights and corresponding charts.
One factor to recollect: Small offers, inner offers and evolving classes of corporations can impair knowledge consistency, which makes monitoring offers in wealth and funding administration “nonetheless largely an imprecise science,” Echelon mentioned.
The variety of offers tallied by the agency, which has among the most complete reporting on M&A exercise, may solely symbolize one-third to one-fourth of whole offers, in accordance with Echelon.
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