M&A activity has reshaped the wealth management industry in recent years—but it also is accelerating the evolution of the business and ultimately access to financial advice.
In this episode of RIA Edge, Mark Bruno, managing director at Informa Wealth Management, speaks with Brent Brodeski, CEO of Savant Wealth Management, about the firm’s inorganic and organic growth, as well as its objective to extend advice to millions of new investors.
Specifically, Mark and Brent discuss:
- How Savant Wealth evaluates potential acquisitions and what a good fit looks like;
- Where the overall industry is currently in the M&A cycle;
- The difference between return on investment and return on “impact”; and
- What do RIAs need to attract more talent in the future.