Pershing tracks deals among advisors with at least $50 million in assets under advisement or annual revenues of at least $500,000.
Estimated reading time: 0 minutes, 19 seconds
RIA M&A Activity Sags
Merger and acquisition activity among registered investment advisors (RIAs) has declined sharply, with Pershing Advisor Solutions tracking only 12 deals in the first half of this year compared to 22 in the second half of last year. So reports Wealth Management.
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