A Banner Year for Deals Thanks To RIA Consolidators
Despite the slowing U.S. economy, wealth managers were as eager as ever to grow by way of mergers or acquisitions. There were 181 deals among RIAs in 2018, 13 more than in 2017, making it the sixth-straight year deal volume reached a new high, according to a quarterly M&A report by Echelon Partners, a Los Angeles- based investment bank and consulting firm focused on…
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