Generational Shifts Fuel M&A Optimism Amid Changing Macro Environment
M&A Landscape May Get A Boost From Succession Planning Needs, As Sellers Seeking Deal Assistance Grow Tired Of Waiting Out The Uncertain Economic Landscape
Wealth Solutions Report 11/21/23 (Written by Larry Roth, Co-Founder of Ascentix)
If you lead an RIA or independent broker-dealer, you probably are trying to figure out whether the lower-than-expected U.S. inflation readings – and minimal recession red flags – mean the Federal Reserve is finally done with its historic interest rate hiking cycle, and how that would affect your firm’s ability to conduct mergers and acquisitions going forward.
Indeed, appetite for M&A in the wealth management space is looking good on the whole, despite a few notable headwinds persisting in 2023. Our recent coverage sheds light on how firms can address generational shifts, succession planning, cultural fit and platform integration to improve their odds of M&A success in 2024. Meanwhile, key players in independent advisor services see a path toward accelerated growth through M&A support.