In episode five of The Modcast, hosted by Gary Roth and Jason Gordo, they discuss the acceleration of M&A activity in wealth management.
Episode Highlights:
- The RIA space has seen significant growth in M&A activity over the past decade
- In 2014, there were only 41 known transactions in the RIA space, which has increased to 272 in 2024
- The first quarter of 2025 set a record with 75 transactions, indicating a strong market
- New firms are being established at a higher rate than those exiting the market
- The average age of financial advisors is in the late 50s, prompting many to consider succession planning
- Growth is the primary reason for RIAs to seek partnerships or sell their firms
Connect: https://modcast.show
Sources:
https://custom.cvent.com/A9B1F74A6E5441D6AC53435C52AEAD1D/files/event/c01553b9053043518561c7fbdd264a71/4e99e576ba8c448a8f691be8fe03988a.pdf
https://custom.cvent.com/A9B1F74A6E5441D6AC53435C52AEAD1D/files/event/c01553b9053043518561c7fbdd264a71/0f7cbc33ad3548899770ed1a1e2fda04.pdf
