2020 RIA Industry M&A Transactions - H1
Deal volumes in the first half of the year dropped sharply in March, April, and May, but started to rebound in June.
Key findings
- 30 deals were completed in H1 2020, down 48% from 58 in H1 2019.
- The total AUM acquired was down 48% from $53 billion in H1 2019.
- More than two-thirds (67%) of buyers were RIAs, accounting for 47% of all AUM acquired.
About the report
Schwab’s industry transaction data is compiled and analyzed by Schwab Advisor Services. Data reflects transactions involving primarily high-net-worth- and endowment-focused RIAs with more than $50 million in assets under management. The data also includes advisors in transition who joined an existing RIA and received equity consideration as part of the transaction.
Media Contact: Meredith Richard
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