The April 2024 report analyzes RIA M\&A from the acquirers’ perspective, noting consolidation remains strong despite economic fluctuations, driven by firms seeking scalable services. New entrants, backed by private equity, are expanding as established buyers become more selective. Convergence of workplace retirement and wealth management fuels deals, especially to serve small businesses and plan participants. Key challenges include regulation, legacy tech, and talent shortages, prompting investment in enterprise platforms and next-gen recruitment. Cultural integration remains a concern, though many firms struggle to define and measure it effectively.

Join for free to read