Over the last several years, merger and acquisition activity within the financial-advisor industry remained strong, with valuations for registered investment advisory firms in 2021 up 15-25% from a few years ago and hitting an all-time high1.
However, to tamp down inflation, the U.S. Federal Reserve is on track to hike interest rates at various points in 2022. These increases could signal the end of the era of ultra-cheap money that helped fuel the period of M&A activity, especially for younger advisors seeking to buy businesses.
Steve Leivent, Co-GM and SVP, SS&C Advent, will be joined by David DeVoe, CEO and Founder, DeVoe & Company, and Richard Frisk, Managing Partner and CEO, Gladstone Wealth, as they discuss how the Fed may be inadvertently slowing down M&A strategies in 2022.
Topics will include:
- The recent increase in interest rates
- Due diligence critical for buyers and sellers
- M&A selling points provided by technologically advanced firms
1 DeVoe: RIA Valuations Are at Historic—but Appropriate—Highs, Wealth Management, Oct. 29, 2021
CFP, CIMA®, CPWA®, and AEP® CE Credits have been applied for and are pending approval.
Steve Leivent - Moderator
Co-GM and SVP
CEO and Founder
DeVoe & Company
Managing Partner and CEO