Added on February 2015 in M&A Issues
1 visitor like this article | Viewed 113 times | 0 comment
Summary: Interest in dealmaking remains sky high, but actually closing a transaction is anything but easy. At a breakout session devoted to closing deals at TD Ameritrade's national conference, a trio of prominent buyers of RIA firms discussed what they were looking for when assessing a seller.
Added on January 2015 in M&A Issues
1 visitor like this article | Viewed 103 times | 0 comment
Summary: When a firm in the advisory business refers to assets, it’s widely presumed they mean AUM. Indeed, the SEC has a strict definition of assets under management, which advisory firms must report on their Form ADV.
Added on January 2015 in M&A Issues
1 visitor like this article | Viewed 106 times | 0 comment
Summary: Propelled by breakaway brokers, interest from banks and wealth management success, the growth forecast for advisory firms this year is robust, according to one of the industry's leading investment bankers.
Added on January 2015 in M&A Issues
1 visitor like this article | Viewed 113 times | 0 comment
Summary: While mergers and acquisitions represent an efficient way for firms to achieve growth, finding a ready partner in 2015 will be challenging. Activity in the M&A market heated up in 2014, with no signs of slowing down over the next 12 months.
Added on January 2015 in M&A Issues
2 visitors like this article | Viewed 121 times | 0 comment
Summary: Savant Capital Management didn't just buy an accounting firm -- the $4 billion RIA also bought a hedge against future revenue risk, says CEO Brent Brodeski.
