Added on September 2014 in M&A Issues
1 visitor like this article | Viewed 96 times | 0 comment
Summary: Mergers and acquisitions involving registered investment advisors (RIA) continued at a brisk pace during the first half of 2014, indicating a healthy RIA space that is ripe for continued growth, according to research released Wednesday by Schwab Advisor Services.
Added on September 2014 in M&A Issues
0 visitor like this article | Viewed 101 times | 0 comment
Summary: When Chicago-based broker Nick Brait, 62, wrote his five-year plan in 2012, he decided that by 2017, he wanted to spend almost half of every year traveling the world and sailing the U.S. Great Lakes. The best way to accomplish that, he figured, was to sell his financial practice, Lasting Legacy Ltd., and gradually move to a scaled-back schedule.
Added on September 2014 in M&A Issues
1 visitor like this article | Viewed 92 times | 0 comment
Summary: Does succession planning impose fiduciary obligations for investment advisers? This recently has become a hot topic of conversation, due in large part to the high volume of mergers and acquisitions in the adviser space.
Added on August 2014 in M&A Issues
2 visitors like this article | Viewed 113 times | 0 comment
Sumary: The four biggest U.S. brokerage firms are facing an exodus of employees who are finding they can make more money and save on taxes by taking their clients and starting an independent firm before they retire.
Added on August 2014 in M&A Issues
1 visitor like this article | Viewed 97 times | 0 comment
Summary: If you’re looking for an attractive practice to buy in the next five years, you’re not alone, according to WealthManagement.com. There seem to be far more would-be buyers than sellers of advisory businesses at the moment, which gives sellers the edge. At the same time, many sellers are more interested in pursuing the best outcome for themselves and their clients than in getting the highest price for their firm.
