RIA M&A Trends Down, But Far From Out
2023 may not break records, but experts expect the RIA M&A market will remain robust as players, private equity capital and synergistic opportunities abound.
Source: wealthmanagement.com
Page 3 - Devoe Company News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Stay updated with breaking news from Devoe Company. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Top News In Devoe Company Today - Breaking & Trending Today
DeVoe: 2023 Could Be First Down Year for RIA M&A In Nearly A Decade
DeVoe & Company found RIA M&A activity continued to decline during the past quarter; 2023 could be the first down year for activity in almost a decade.
Source: wealthmanagement.com
Wealthspire Advisors to Acquire Sage Financial Advisors, a Nevada-Based Wealth Management Firm
Wealthspire Advisors LLC, an NFP company and independent investment adviser, today announced a signed agreement to purchase Sage Financial Advisors, Inc., a Nevada-based registered investment advisor (RIA). Sage manages approximately $194 million in assets* and maintains an office in Reno.
Source: carsonnow.org
RIAs May Be Dropping the Ball on Marketing and Referral Initiatives
Up to 5% of revenues should be spent on marketing and sales, say industry experts, as only 12% of advisors are actively seeking referrals.
Source: wealthmanagement.com
Elevate: Growing RIAs Provide Experiences, Not Products
On the first day of DeVoe & Co.’s Elevate conference this week, attendees were told its time to channel Kung Fu Panda and be more like Starbucks.
Source: wealthmanagement.com