Schwab Advisor Services
Strong 3rd quarter for RIA M&APosted by RJ and Makay on Oct 31, 2011 |
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Several large registered investment advisory (RIA) deals were transacted in the 3rd quarter, with private equity players returning to the marketplace in three significant deals, according to a new Pershing LLC report. Mark Tibergien, chief executive of Pershing Advisor Solutions, believes that private-equity funds will continue to have an important role in the marketplace.
RIAs surpass 2007 pre-crisis assets and revenues: Charles SchwabPosted by RJ and Makay on Jul 12, 2011 |
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Revenues and assets within Schwab Advisor Services and the RIA channel have surpassed 2007 pre-meltdown levels, and the advisory industry can look forward to a new era of growth, according to the Charles Schwab 2011 RIA Benchmarking Study, the largest survey of its kind.
Schwab reports heavy RIA M&A activity in Q1Posted by RJ and Makay on May 02, 2011 |
Strong first quarter merger and acquisition activity among RIAs maintained deal momentum coming off a record-setting 2010 pace, according to a unit of Charles Schwab.
“The continued growth of the equity markets and the overall RIA industry helped create fertile ground for mergers and acquisitions in the first quarter,” said David DeVoe, managing director of strategic business development for Schwab Advisor Services. “On the broader side, RIA M&A is being driven by structural changes to the industry, such as the demographics of adviser principals on the seller side, and the continued investment from consolidators, private equity firms, and others on the buyer side.”
Daniel J. Boorstin (American social historian and educator, 1914)
