If there was one phrase to sum up 2015’s M&A activity in the RIA space, it would be “go big, or go home. It has been the year of the “mega-deal”—those over $5 billion."
David DeVoe, managing partner, DeVoe & Company |
Summary: RIA firms and consolidators—defined as an organization whose business model is predicated on making RIA acquisitions—have dominated M&A over the last couple years. But lately private equity firms and banks are again buying RIA firms.
If there was one phrase to sum up 2015’s M&A activity in the RIA space, it would be “go big, or go home. It has been the year of the “mega-deal”—those over $5 billion."
David DeVoe, managing partner, DeVoe & Company |
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