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M&A activity continues to weather perfect storm of negative factors

M&A continues

Smaller RIA sellers are driving the pace of deals toward another record year, according to Devoe & Co.'s report on third-quarter activity.

Consolidation continues across the wealth management space, even if 68 deals per quarter is becoming a standard number.

The latest report from DeVoe & Co. counts 68 transactions during the third quarter, which coincidently is the number of deals in four of the last five quarters.

That cons

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