New M&A data from Schwab seems to suggest that the RIA space is not consolidating as fast as some have predicted it would – though the final analysis depends on how you define consolidation.
“The premise is that there will be consolidation due to increased cost and regulation complexity. We aren’t seeing that,” said Nick Georgis, vice president of Schwab Advisor Services. “There’s no evidence in the numbers that this is happening,”
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access