Hungry private equity investors steer acquisitions toward smaller RIAs
The latest report from Echelon Partners shows a gradual slowdown in deal activity, which continues to be dominated by PE-backed buyers.
Private equity investors continue to drive consolidation across the wealth management space, and the trend is being described as here to stay.
According to the latest report from Echelon Partners, 2022 wrapped up with a record 340 acquisitions, up 10.7% from 2021. Broken down by quarter, however,
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