Julius Buchanan, Editor in Chief, Wealth Solutions Report posted his commentary on the deals and recruiting in the wealth industry on Wealth Solutions Report as part of its Deals & Recruiting Roundup.
The strength of RIA M&A in DeVoe & Company’s first quarter report will surprise no one, but the report added valuable nuance to what’s happening within the M&A surge. Smaller sellers are falling behind larger ones. At the same time, minority investments are turning toward sub-$2 billion sellers. And integrators, which DeVoe defines as firms seeking full integration and majority ownership, are far outpacing aggregators, which allow for more independence and often buy minority stakes.
The details are important because the M&A market is far from commoditized. Each deal is unique, and the trends underlying the headline numbers matter greatly to firms contemplating a transaction.
To see the Wealth Solutions Report Deals & Recruiting Roundup for the week, click here. Visit Wealth Solutions Report for the latest wealth management insights, analysis and news.