Concerns that M&A activity among RIAs would dampen in 2019 haven't become reality, according to Dave Barton, vice chairman at Mercer Advisors. “If it was just me, I could do 30 deals, easy,” he said.
Frazer Rice, who spent more than 15 years at Wilmington Trust, is opinionated and wanted to work at a firm that supported and challenged him.
The fiduciary standard remains elusive.
The recruiting wars continue, with Cetera recruiting over a Chicago-based team with $640 million in assets.
In this environment, advisors should expect superior technology, a nimble approach to portfolio construction support and personalized service from broker-dealers.
Succession Lending will now be known as SkyView Partners and expand into mergers and acquisitions deal structure.