Private equity digs heels into RIA industry
Private equity investors are keenly interested in RIAs for their recurring revenues, good margins and low capital expenditures. By most accounts, mergers and acquisitions of RIAs continue to be close to record numbers for the past several years.
Private equity money and managers are just starting to settle in and get cozy with the wealth management and financial advice industries.
Indeed, with registered investment advisers kicking off such steady revenues each year, don’t look for private equity investors to stop investing in RIAs an
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