Acquired RIAs are becoming the new acquirers
The latest research from DeVoe & Co. highlights the emerging trend of sub-acquisitions, which are on track to set a record this year.
While consolidators continue to lead the way in acquisition activity in the wealth management space, the emerging story on the M&A front is the growing momentum involving sub-acquisitions, or deals by firms that themselves have been acquired by mega firms.
The latest report from DeVoe & C
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