DeVoe & Company published an RIA M&A Deal Report for the third quarter of 2023 (the “Report”), which analyzes M&A activity among Registered Investment Advisors. The Report shows that there was a 4% drop in the number of transactions in the third quarter of 2023 as compared to the third quarter of 2022. Overall, DeVoe & Company considers M&A activity relatively “healthy” despite the possibility of 2023 being a down year.
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