Displaying 23 results
DeVoe & Co. names new marketing head
The RIA-focused consultancy’s executive hire joins with more than 20 years of experience.
RIA M&A bounces back to start 2024: Report
'Wealth management deals held pretty firm last year compared to all other areas of investment banking,' one banker notes.
Drop in RIA M&A in 2023 likely to be blip in upward trend
'I don’t see this as a harbinger for continuing decline,' an RIA M&A consultant says. 'Instead, I see this as a short-term plateau.'
RIAs need to get past their fear of asking for referrals
Research shows most new clients come directly from referrals from existing clients, yet most advisors are reluctant to ask for referrals.
Organic growth in the RIA space is fading away
David DeVoe challenges the industry to refocus on organic growth, but not just for growth's sake.
Economic realities dampen pace of RIA acquisitions
This is the first time since 2014 that first-quarter deal volume has declined from the same quarter a year earlier, according to data from DeVoe & Co.
Slowdown in M&A threatens decade-long streak of increasing RIA consolidation
The number of deals in the first two months of this year is down from the same period last year, but deal trackers are calling it a reversion to normal M&A levels.
Rising rates, falling revenue will dramatically change RIA M&A activity in 2023
Look for independent broker-dealers flush with interest-rate revenue to emerge as credible threats to the mergers-and-acquisitions status quo.
A rare gloomy outlook on the future of RIA M&A
A DeVoe & Co. report shows buyers and sellers are worried about the impact of the equity markets and overall economy on RIA valuations, which could drag down the pace of deal activity.
Sluggish Q4 aside, RIA M&A on track for another record year
DeVoe & Co. expects 2022 to wrap up with 260 announced RIA acquisitions, which would represent an 8% increase over last year.
As financial markets dampen RIA valuations, buyers get creative with deal structures
A report from DeVoe & Co. shows dramatic drop-off in fourth-quarter deals, but the biggest buyers say they are as busy as ever.
Morgan Stanley rep goes RIA with $5 billion book of business
Jim Martin left $4 billion worth of client assets behind when he formed Nordwand Capital, but he says it was all part of the plan.
M&A activity continues to weather perfect storm of negative factors
Smaller RIA sellers are driving the pace of deals toward another record year, according to Devoe & Co.'s report on third-quarter activity.
Smaller RIAs weathered the pandemic better than larger firms, DeVoe reports
The key to success is maintaining employee connections and getting people back to the office.
MAI Capital bulks up sports and entertainment planning with West Coast deal
Once the acquisition of Intersect Capital closes, working with professional athletes and entertainers will make up 20% of the $13.4 billion Cleveland-based RIA's business.
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.
Wealth Enhancement Group buys $1.7 billion Kings Point Capital Management
The acquisition, Wealth Enhancement Group's fifth completed deal this year, boosts its total assets to $55 billion.
Despite big Q1, pace of RIA consolidation seen slowing in 2022
The 67 deals announced in the first three months of the year mark the second busiest quarter on record, but the data points to less activity over the remainder of the year.
RIAs see M&A momentum gaining steam in ’22
As firms chase scale with bigger and bigger deals, RIA sellers are enjoying the ride of record-level valuations.
Biden’s tough tax talk fuels record M&A activity
The threat of higher taxes in 2022 is giving RIAs another reason to make a deal before year-end, while the lingering Covid-19 pandemic is forcing financial advisers to focus on succession planning.
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