Advisers are selling and merging to gain the benefits of scale in an increasingly competitive marketplace."
David DeVoe, managing director and founder, DeVoe & Company |
Summary: The registered investment adviser space rolled into 2017 by consolidating at a record clip, according to the latest report from DeVoe & Co. The first quarter report, released Tuesday morning, counts a record 44 deals during the first three months of the year, versus 36 deals in the fourth quarter of 2016, and eclipses a previous high of 39 deals in the first quarter of 2015.
Advisers are selling and merging to gain the benefits of scale in an increasingly competitive marketplace."
David DeVoe, managing director and founder, DeVoe & Company |
Your session has expired!
To continue, please log in again.
Your session is about to expire!
You will be logged off in seconds.
Do you want to continue your session?