Volume of private equity deals hit new record in 2021
The number of large private equity firms gobbling up smaller fund advising companies is three times more than deals made five years ago.
Source: industryleadersmagazine.com
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Hightower Acquires $1.8B Kansas RIA
During a year when ever-larger RIAs are being acquired, Hightower says it reached a deal with 6 Meridian, a $1.8 billion AUM RIA in Wichita, Kan.
Source: wealthmanagement.com
The Dark Side of Dealmaking
The RIA M&A market may be hot, but advisors should proceed with caution, said speakers at the MarketCounsel Summit this week.
Source: wealthmanagement.com
Biden's tough tax talk fuels record M&A activity
The prospect of higher taxes pushed M&A activity, while the pandemic created a focus on succession planning.
Source: investmentnews.com
DeVoe: RIA Valuations Are at Historic - But Appropriate - Highs
“If you can acquire a firm and increase the profitability and make them grow faster, you can pay more," said David DeVoe.
Source: wealthmanagement.com