2023 RIA M&A off to sluggish start
The second half of January saw RIA mergers and acquisitions slow down sharply from the first half, according to a report from Fidelity.
While 2022 was another banner year for deal-making in the ever hot market to acquire registered investment advisors, this year has gotten off to a less than stellar beginning as buyers and sellers weigh rising interest rates and high valuations for firms when doing the math on potential deals.
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