While Overall Number of Deals Declined in 2011, RIA Deals Increased and Banks Became More Active
“Market volatility and economic uncertainty led to a decline in M&A activity in the second half of the year,” said
Of the 57 deals tracked by Schwab in 2011, 58% percent of deals represented less than
Schwab began tracking M&A transactions in 2004. In addition to providing M&A data, Schwab has a number of services to support advisors through the many types of transitions they may encounter.
Schwab’s Transition Planning Resources for RIAs
Schwab’s Advisor Transition Services is designed to support advisors through each phase of the transition process including goal setting, evaluating options (internal succession, external sale, merger or acquisition) and executing a transition plan.
Schwab Advisor Transition Services include Schwab's recently updated Mergers & Acquisitions Listing Service, an online database offered to advisors that custody with Schwab. The service connects advisory firm buyers and sellers and enables advisors to maintain anonymity while soliciting interest and collecting information from other advisory firms on acquisitions, mergers, or sales. Buyers can also search for investment professionals with books of business who would like to join an RIA firm.
Additional information and new transitions content are available at www.SchwabTransition.com1
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* Total AUM for 2011 is based upon verifiable data from 55 deals.
All data compiled and analyzed by Schwab Advisor Services. Data reflects firms being sold with assets under management exceeding
1The information provided on the Site is for general information purposes only and is not intended to provide specific financial, accounting, tax, legal, or regulatory advice. Schwab makes no representations as to the accuracy or appropriateness of the information for any given situation.
Schwab may limit what can list on the M&A Listing Service. Buyer listings and Career Opportunity listings are generally, but not always, limited to independent investment advisors that custody their clients' assets with Schwab Advisor Services. Schwab Advisor Services may further limit Buyer listings and Career Opportunity listings to those of its clients with whom it has favorable business prospects. Schwab Advisor Services has a financial interest in, and compensation received by Schwab Advisor Services personnel is affected by, the retention and growth of assets custodied at Schwab Advisor Services. This may incent Schwab Advisor Services to decline some proposed Buyer and Career Opportunity listings.
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