‘Time of Abundance’ for RIAs: Schwab
RIAs are thriving, and it's not just because of the bull market, Schwab's Jon Beatty says.
RIAs Closed 13 M&A Deals in Q1: Schwab Advisor Services
The RIA sector notched its greatest number of M&A deals since Q1 2012, but overall deal size declined.
Going Indie? Afraid of Losing Clients? Don’t Be
Despite fears they might lose clients when going independent, 79% of advisors who switched to the indie model in the last two years say most clients stuck by their side, Schwab Advisor Services reported Tuesday.
RIA M&A Grew 30% in 2012, With Most Deals Done by Big Firms: Schwab
National acquiring firms, like HighTower, Focus Financial and United Capital, remained the dominant buyers, with 25 of the 45 total M&A deals, Schwab reports.
Rollups Account for Majority of Advisor M&A in Q3: Schwab Report
With a quarter to go, year-to-date RIA mergers and acquisitions nearly match the value of all deals recorded in 2011. But the actual number of deals this year is still lower.
Schwab Reports Fewer, but Bigger, Advisor M&A Deals in 2012
Schwab Advisor Services’ quarterly report shows rollup firms account for a larger number of done deals in 2012.
New Clients Drove Record Revenues in 2011: Schwab RIA Benchmark Study
Profits grew 14% at the median firm in 2011, mostly driven by revenue growth, while principal income was also up 5% at $341,000, according to the Charles Schwab 2012 RIA study.