Investment Product and Service Launches
Allianz Life launches solutions platform for RIAs; Wilmington Trust adds sign-on program; Columbia Threadneedle announces 2021 successor; and more.
RIA M&As Show No Sign of Slowing in 2020
Industry executives also say that valuations for strong companies are holding steady, even as the pandemic raises broader economic challenges.
Ambitious Firms Seeking Vertical Integration in the Financial Services Industry
Mergers and Acquisitions Hit Hard by COVID-19
Between March and May, there were only 10 RIA transactions and two IBD deals, according to Fidelity.
Consolidation Pressures
RIA M&As Hit Record High for Fifth Consecutive Year
However, fewer RIAs and fee-based advisers expect consolidation to increase in the next 12 months, compared to five years ago.
Registered Advisers Often Confused by Custody Reporting
Form ADV includes a number of questions about the custody of client assets; these questions continue to be a source of widespread confusion and inconsistent interpretations in the asset management industry.
Many Asset Managers De-Channel Their Salesforces
They see the differences between wirehouses, broker/dealers and registered investment advisers blurring.
Cybersecurity Is RIAs’ Biggest Compliance Concern
This is the fifth year in a row they have identified cybersecurity as their No. 1 concern.
2017 Ends With Flurry of RIA M&As
There were 41 deals in the fourth quarter.