Fidelity Institutional published its Wealth Management M&A Transaction Report for the month of December 2024. The report analyzes M&A activity among independent broker dealers and registered investment advisors. The report shows 26 RIA M&A transactions for the month, which is an increase of 30 percent from December 2023 and a decrease in purchased assets of 69 percent. Sub-$1 billion AUM deals were the focus of December’s activity, representing 81 percent of deals and 29 percent of assets. December charted the second-highest deal volume month in 2024.
To download and read the report: please click here.