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 high, according to DeVoe & Company, a leading M&A consultant serving RIAs¹.
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.
This white paper discusses how acquisitions may evolve in the short and intermediate-term and the steps buyers and sellers must take to ensure deals go through.
Download the white paper to learn more.
1DeVoe: RIA Valuations Are at Historic—but Appropriate—Highs, Wealth Management, Oct. 29, 2021