Noting that 2020 has been a strong year for deals involving registered investment advisory firms, FP Transitions projects it will handle 22 transactions totaling $35 million in the third quarter and 16 transactions with volume of $30 million in the fourth quarter.
“If our projections are correct, 2020 could outperform 2019,” said CEO Brad Bueermann.
The firm said it closed the second quarter with roughly $43 million in total deal volume, representing an aggregate transfer of $1.73 billion in assets under management.
“That exceeded our expectations by almost 18%,” Bueermann said.
Early parenthood linked to lower fulfillment and fewer leadership roles, despite otherwise strong industry-wide support.
“It's the Golden Age, we're all blessed that this is where we are, what we do for a living, and that the sun is shining on the transition towards the RIA space," Creative Planning CIO Jamie Battmer said at a forum hosted by Goldman Sachs.
Strategists expect municipal bonds to best Treasuries during the four-month window from May until August, following a historical trend.
Elsewhere, Raymond James adds two advisors from Edward Jones and LPL, forming an LGBTQ+ focused practice in New Hampshire.
Leading estate-planning tech provider Vanilla has also unveiled key AI upgrades to help its advisor users.
From direct lending to asset-based finance to commercial real estate debt.
RIAs face rising regulatory pressure in 2025. Forward-looking firms are responding with embedded technology, not more paperwork.
