 Slightly more than half of the 72 respondents [largest registered investment advisory firms] expect to buy at least one or more firms this year."TD Ameritrade Study. |
Study: Succession Could Drive Further RIA Consolidation
Michael Wursthorn | WSJ Online, November 2014
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Summary: A survey of TD Ameritrade's largest registered investment advisory firms that use its services showed that 72% of those advisers, who manage more than $1B in client assets, expect further industry consolidation in the coming year, while 10% said they expect a “significant” jump in activity ahead.
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