Fidelity® RIA M&A Study: Despite Misalignment on Valuation Expectations, M&A Activity Increases by More Than 230%
If buyers and sellers can better understand each other’s key motivations, each can ensure they are effectively communicating the value their firm brings to the table.
- If buyers and sellers can better understand each other’s key motivations, each can ensure they are effectively communicating the value their firm brings to the table.
- When asked about deal sourcing, the majority of firms reported they were either sourced by in-house experts or investment bankers.
- The key drivers leading to this were the misalignment of: valuation expectations (87%), culture (73%) and the firm’s vision (50%).
- Fidelity also issues monthly and quarterly Wealth Management M&A Transaction Reports summarizing M&A activity among RIAs and independent broker-dealers.