M&A deals in the RIA space jumped nearly 50% in average value to a record $1.7 billion in the fourth quarter, according to Charles Schwab.
The period also saw records broken for the number of transactions in a year (94) and the overall value ($135.5 billion), according to the quarterly report released this week by Schwab Advisor Services. The $1.4 billion average deal value for 2016 surpassed every year since 2009.
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