The argument some RIAs are making—that the PPP loan is a business loan, no different than any other, and comes with risk, and is not bailout money—just doesn't wash.
Four key trends help explain the increased M&A activity in the RIA space over the past few years and will continue to propel deal-making moving forward.
The increased demands placed on chief compliance officers in a volatile market are creating regulatory risks that threaten to 'trickle up' to executives and boards.
If M&A transactions and the financing behind them are handled like widgets on a conveyor belt, an advisor’s ‘partnership’ with their broker/dealer may not be as strong as they thought.
