Latest Deals in Wealth Management M&A: Ocorian & EdgePoint
In the world of wealth management, mergers and acquisitions are always a hot topic. The first quarter of this year saw a slight dip in RIA mergers and acquisitions compared to previous quarters, but there are still plenty of deals happening in the space.
According to recent data, there were a total of 33 RIA mergers and acquisitions in the first quarter of this year. While this number represents a slight decrease from previous quarters, it’s important to note that the overall trend for RIA M&A activity remains strong.
One interesting trend to note is the increase in deals involving smaller RIAs. In the first quarter of this year, 56% of the transactions involved firms with less than $1 billion in assets under management. This could indicate a shifting landscape in the wealth management industry, with smaller firms playing a more active role in M&A activity.
Despite the slight dip in overall RIA mergers and acquisitions, there are still plenty of opportunities for firms looking to grow through strategic partnerships. With the wealth management industry continuing to evolve, it’s important for RIAs to stay informed and be open to new possibilities for growth and success.
Overall, while the first quarter of this year may have seen a slight decrease in RIA mergers and acquisitions, the wealth management industry remains vibrant and full of opportunities for firms looking to expand and thrive. Keeping an eye on trends and staying open to new possibilities could help RIAs navigate the ever-changing landscape of the industry.
