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Mega RIA firm M&A activity leads to record third quarter
The 64 transactions from July to September make 2021 a record year for deals, and more than half involved sales of firms with $1 billion or more in assets.
Hightower adds $2 billion DC-based advisory firm
With the acquisition of Farr Miller & Washington, Hightower will install founder Michael Farr as its new chief market strategist.
RIA consolidation returns to pre-Covid levels
The surge in activity following the pandemic-induced lull is winding down as M&A returns to normal, according to DeVoe & Co.