 The valuations of RIAs have been methodically increasing since the stock market decline in 2008, and we're probably slightly above the historical average of the last dozen years.”David DeVoe, Managing Partner & Founder, DeVoe & Co. |
Is there a bubble in RIA prices?
Mason Braswell | InvestmentNews, March 2015
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Summary: Are RIA prices getting too rich? At least two well-known names in the acquisition business, United Capital and HighTower Advisors, have backed away from buying established registered investment advisers while citing, in part, the high costs of the transactions.
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